Islami Bank Bangladesh has been the “Strongest Bank in Bangladesh” and the “Strongest Islamic bank in Bangladesh” in 2022 according to Singapore-based banking and financial intelligence platform The Asian Banker. 

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged businesses in Wales to invest in the textile sector of Bangladesh. 

Meghna Bank recently launched a Resident Foreign Currency Deposit (RFCD) service, which includes a Visa card and interest on the deposit, enabling Bangladeshis returning from abroad to easily access their own funds. 

Prime Exchange Company Pte, a subsidiary of Prime Bank, recently won a “Covid19 Hero Appreciation Award” from Remittance Association (Singapore), a platform of fund transfer businesses, for “ensuring seamless remittance service in Singapore during the pandemic”. 

Transcom Foods Limited opened its 50th outlet at sector-6 in Uttara on Monday.

Bangladesh Satellite Company Limited (BSCL) has signed an agreement with Beximco Digital Distribution Limited (BDDL), under which the latter will use Bangabandhu Satellite-1 (BS-1) to distribute foreign clean-feed pay-tv channels in Bangladesh.

Runner Automobiles PLC and a2i (Aspire to Innovate) have planned to jointly conduct research to develop a state-of-the-art automobile industry in the country and for the manufacture of environment-friendly vehicles. 

Daraz Bangladesh, the biggest online shopping platform in the country, said products worth about Tk 320 crore were sold through its flagship campaign that started on November 11, underscoring the company’s solidified position in the local e-commerce market.

A team from the Institute of Business Administration under the University of Dhaka became the champion of Unilever Bangladesh’s “BizMaestros 2022” trophy.

Rahima Food Corporation Limited’s profit quadrupled in the last financial year as it returned to production.

Ambee Pharmaceuticals Limited returned to profit in the financial year that ended on June 30.

Bangladesh won an award at a South Asian Travel Awards 2022 in the category of the “Emerging Destination Award-Visitors Choice” in the Maldives recently.

Sonali Bank signed an agreement with Bangladesh-China Power Company (Pvt) Ltd (BCPCL) to hold and maintain the accounts of the bank centring the under-construction Payra 1,320MW thermal power plant project in Patuakhali with the financial assistance of lender the Export-Import Bank of China. 

Prime Bank recently signed an agreement with Ananta Group to provide a digital nano financing solution to factory workers through a new app, “PrimeAgrim”. 

Banks will be able to get back a majority of loans from a Bangladesh Bank credit guarantee scheme (CGS) if borrowers default on loans taken from a small and medium-sized enterprises (SME) refinance scheme of Tk 25,000 crore.

Bertelsmann will owe Paramount a USD 200 million break-up fee as a result of the transaction falling apart.

Delta Life Insurance Company organised a programme to celebrate its “three decades of excellence” in the field of life insurance of the country.

Central Pharmaceuticals Limited posted losses in the first quarter of the current financial year of 2022-23. 

Orion Pharma Ltd’s profit more than doubled in the July-September quarter of the ongoing financial year of 2022-23.  

Brac Bank won the Data Champion Award from New York-based Financial Alliance for Women, which works for knowledge sharing, capacity building and research to promote women’s banking across the globe.