Remittance through formal channels will likely fall in the days ahead as Bangladesh Bank yesterday asked foreign exchange houses to follow the rate set by banks, according to officials of exchange houses.

The central bank sits with top 10 foreign exchange houses

It dropped to as low as Tk 123 this evening

Marriott Bhaluka will have soft launch in March 2024

Each dollar was Tk 121-Tk 122 a day ago

Electronic fund transfers will be carried out through the Nikash-BEFTN software of the Bangladesh Automated Clearing House (BACH) from November 12 instead of the Bangladesh Electronic Funds Transfer Network (BEFTN).

It sold 15.99 crore or 9.93% shares of the bank

Jamuna Bank Ltd registered a 9.6 percent increase in consolidated profit to Tk 333.10 crore in the nine months to September this year.

The World Bank has approved US $210 million for a project to improve early childhood development in Bangladesh, according to a press release.

Dutch-Bangla Bank (DBBL) and Mastercard today jointly announced to introduce prepaid cards exclusively for women, students and travelers to provide new financial products and services to meet the diverse needs of customers.

BRAC Bank PLC registered a 38.72 percent increase in profit to Tk 581.41 crore in the nine months to September this year.

Al-Arafah Islami Bank Ltd held its 392nd meeting of the board of directors on October 30.

Southeast Bank Ltd launched six agent banking outlets across the country through a virtual ceremony.

Dhaka Bank Ltd has launched a digital banking campaign styled “DB Smart” at its corporate head office in Gulshan 1.

Prime Bank recorded a 23 percent year-on-year increase in profit to Tk 345 crore in the January-September period of 2023.

It made a profit of Tk 345 crore in Jan-Sep period

ABM Abdul Mannan will sell 4.49 crore out of his 4.7 crore shares

Exporters will get Tk 111 for a dollar, up from Tk 110.5

In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore

City Bank held a virtual earnings disclosure event to announce the bank’s Q3 2023 results.