Brac Bank Ltd today said it has received consent from the Bangladesh Securities and Exchange Commission (BSEC) to give a 7.5 per cent stock dividend for 2022.

The bank's profit fell 55.5% year-on-year to Tk 80.89 crore in 2022

The central bank took the decision to comply with IMF's loan conditions

Shahjalal Islami Bank Ltd's profit rose 4.25 per cent year-on-year Tk 105.89 crore in the first quarter of 2023.

Prior to this, he was serving Meghna Bank as senior executive vice-president and head of retail and SME banking

Citibank endeavours continuously on digitalisation, innovation and replication of global best practices in the local banking industry, said Md Moinul Huq, Citi country officer, Bangladesh.

Profits of Dutch-Bangla Bank grew 1.79 per cent in 2022 while its income from interest, commissions and charges increased at a higher rate. 

Al-Arafah Islami Bank Ltd made a Tk 207.66 crore profit in the financial year that ended on December 31.

Mastercard and National Bank Limited (NBL) have launched a multi-currency Mastercard Debit Card for the bank’s customers.

Brac Bank achieved a 32 per cent year-on-year growth in net profit in 2022.

Union Bank Limited made a Tk 162.69 crore profit in 2022, slightly up from a year earlier.

Romo Rouf Chowdhury has been re-elected as the chairman of Bank Asia Limited at a meeting of the board of directors held on April 30, 2023.

NRB Commercial Bank Limited posted a 14.35 per cent year-on-year decline in profit to Tk 193.48 crore in 2022 owing to an additional provision that was set aside and an extra tax burden.

National Bank Ltd suffered more than Tk 3,200 crore in loss in 2022 owing to the waiver in interest and the decrease in interest incomes for rising non-performing loans.  

Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia

Bank Asia Limited virtually organised its 24th annual general meeting (AGM) yesterday, when shareholders approved a 15 per cent cash dividend for the year 2022.

Islami Bank Bangladesh Limited’s profit slumped 32.70 per cent year-on-year to Tk 56.35 crore in the first quarter of 2023.

Riding on the reputation it has earned over the decades, Pubali Bank Ltd, one of the oldest banks in Bangladesh, is investing to build a robust digital infrastructure with a view to providing all financial services at the fingertips of customers and their doorsteps. 

Meghna Bank recently partnered with Bangladesh Freelancer Development Society (BFDS) to launch its new product “Freelancer Account Service Pack”.

Md Saidul Islam has been elected as the chairman of Jamuna Bank Limited for a one-year term.