It decreased by $60 million in a week

It made a profit of Tk 190 crore in Jan-Sep of 2023, down from Tk 223 the previous year

Bangladesh Krishi Bank (BKB) has been incurring losses for at least 30 years due mainly to structural weaknesses as the state-run lender has to lend at lower interest rates, pay more for deposits and is sitting on higher non-performing loans. 

Community Bank Bangladesh Ltd yesterday organised its 45th board meeting.

Dhaka Bank Ltd, in collaboration with Mastercard, awarded the winners of a campaign styled “Dhaka Bank Spend & Win Big - ICC Men’s Cricket World Cup 2023”.

First Security Islami Bank PLC has celebrated its 24th founding anniversary.

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.

Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.   

Bangladesh Bank yesterday handed over letters of intent (LoIs) to Nagad Ltd and Kori, paving the way for them to launch full-fledged digital banks for the first time in the country.

Eastern Bank PLC will help as lead arranger to manage a syndicated term loan facility worth Tk 300 crore for Shakti Foundation, a microfinance institution in Bangladesh.

United Commercial Bank (UCB) PLC said its earnings fell 9 percent year-on-year in the first nine months of the current financial year 2023.

Profits of Dutch-Bangla Bank Ltd (DBBL) rose 3 percent year-on-year over the past nine months of 2023 despite registering a marginal decline in the third quarter, according to a company disclosure published today.

Profits of Mercantile Bank fell 33 percent year-on-year to around Tk 233 crore in the first nine months of the current calendar year, according to a company disclosure.

Islami Bank Bangladesh has organised a grand finale for its remittance campaign.

Eastern Bank PLC will help as lead arranger to manage a syndicated loan worth Tk 300 crore for Shakti Foundation, a microfinance institution in Bangladesh.

It will replace three deputy governors with three new economists

Bangladesh Bank yesterday issued letters of intent to Nagad Digital Bank and Kori Digital Bank, in a development that can substantially enhance people’s access to finance.

Mutual Trust Bank is working to be a world-class lender that will be a topper in every aspect of banking services, said Syed Mahbubur Rahman, managing director of the bank.

The two are: Nagad Digital Bank Plc, Kori Digital Bank Plc

IFIC Bank PLC, in cooperation with the National Centre for Cervical and Breast Cancer Screening and Training of the Bangabandhu Sheikh Mujib Medical University (BSMMU), has organised a workshop on “Prevention of Cervical and Breast Cancer” for the lender’s female employees.