Exim Bank Ltd’s board has approved a proposal to issue a Tk 600 crore mudaraba subordinated bond.

Banks that are not investing funds to improve their digital banking platform will not be found in Bangladesh after 5-7 years, according to Selim RF Hussain, chairman of the Association of Bankers, Bangladesh (ABB).

ABB Chairman Selim RF Hussain says at ABB summit

Its profit fell to Tk 10.16 crore from Tk 17.33 crore in 2021

The unsecured loan is named Mudaraba Subordinated Bond (5th Issue)

The direction came through a Bangladesh Bank notice May 24

United Commercial Bank (UCB) launched a logo of its “Agro CSR Project 2023” titled “Voroshar Notun Janala.”

Social Islami Bank Ltd and Southeast Bank Ltd have received permissions from the Bangladesh Securities and Exchange Commission (BSEC) to declare stock dividends for the financial year that ended on December 31, 2022.   

Farhan Talib, regional general manager for Singapore and China at HBL, and Cheng Wei (Amanda), country manager and head of financial institutions of China and branch manager of HBL Beijing, came to visit Bangladesh on Monday.

Banks will have to keep provisions if the market price of the investments made in listed and non-listed companies falls or their net worth deteriorates, according to the central bank.

BTA Wealth Management spent Tk 111 crore for over 2% stakes in IBBL

BB governor says at ABB's summit

SIBL will give 5% dividend, Southeast 4%

It rose to Tk 108.75 on May 22

AB to give 2% stock dividend, NRBC 4.5%

Ali Reza Iftekhar has been serving EBL as MD since 2007

Eastern Bank’s consolidated profits, meaning that of the bank and its concerns in total, have dropped 10 per cent year-on-year to Tk 106.9 crore in the first quarter of 2023.   

LC opening stood at $56.36 billion in the first 10 months of 2022-23, down from $76.99 billion a year ago.

Its profit fell to Tk 1.88 crore from Tk 7.53 crore

ADFIAP is an association of development banks in Asia-Pacific