City Bank made Tk 638 crore profit in 2023

City Bank reported a consolidated net profit after tax of Tk 638 crore for the financial year 2023, which represented a 33.5 percent rise in net profit compared to the previous year.
27 March 2024

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination
26 March 2024

BRAC Bank organises ‘TARA Uddokta Mela’

BRAC Bank has organised an exposition to promote locally made products by women entrepreneurs and create a market for their “Made in Bangladesh” products.
26 March 2024

Prime Bank launches Islamic banking services in MyPrime

Prime Bank has launched “Hasanah” Islamic banking services on its mobile banking app “MyPrime”.
26 March 2024

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched
26 March 2024

Sonali Bank holds meeting on RFCD, offshore Banking

Sonali Bank has arranged a meeting on enhancing facilities of Resident Foreign Currency Deposit (RFCD) accounts and offshore banking policy.
25 March 2024

MFS faces growing risk of fraud

The mobile financial service (MFS) has enhanced our access to goods and services, diversified payment methods, and expanded commercial opportunities, but the sector still faces challenges.
25 March 2024

National Bank opens relocated Maijdee Court branch

National Bank recently opened a relocated branch at Jahangir Tower in Maijdee Court in Noakhali.
25 March 2024

Shahjalal Islami Bank, BB strike deal on credit guarantee facilities

Shahjalal Islami Bank recently signed a participation agreement with Bangladesh Bank to provide credit guarantee facilities for green products or projects or initiatives under a refinancing scheme of the central bank.
25 March 2024

Mutual Trust Bank, BB sign deal on credit guarantee Products

Mutual Trust Bank recently signed an agreement with the Bangladesh Bank on credit guarantee facilities for different sectors under the central bank’s refinance schemes.
25 March 2024

Social Islami Bank launches ‘Remittance Campaign’

Social Islami Bank, in association with Western Union, has launched a special “Remittance Campaign” to encourage remittance inflow through banking channels.
25 March 2024

Dhaka bourse's index falls for second straight day

The DSEX lost 66.73 points to close at 5,834
25 March 2024

Prime Bank, BB inks deal on credit guarantee facilities

Prime Bank has joined hands with Bangladesh Bank, signing an agreement for a credit guarantee scheme aimed at uplifting women entrepreneurs by way of collateral-free credit and easy access to finance.
24 March 2024

Premier Bank, BB sign deal on credit guarantee products

Premier Bank has recently signed an agreement with the Bangladesh Bank for credit guarantee facilities under the central bank's refinance schemes.
24 March 2024

ICB Islamic Bank posts Tk 56 crore loss in 2023 

The bank also suffered Tk 25.25 crore losses in the year that ended in December 2022
24 March 2024

HSBC celebrates longstanding Bangladesh-China relationship

The Hongkong and Shanghai Banking Corporation Limited (HSBC) recently organised an event, styled “Bangladesh-China Business Connections”, to celebrate the longstanding relationship between China and Bangladesh.
23 March 2024

Shahjalal Islami Bank holds 375th meeting of its board of directors

Shahjalal Islami Bank recently organised the 375th meeting of its board of directors at its corporate head office in Dhaka.
23 March 2024

Hurried bank merger raises questions

The hurried initiative of merging banks may not bring about the desired outcome, said analysts at a webinar.
23 March 2024

NCC Bank receives ‘Remittance Award’

NCC Bank recently received “Top Ten Remittance Award-2023” for its contribution to remittance services at the World Conference Series 2024.
21 March 2024

Al-Arafah Islami Bank, BB sign deal on financing for environment friendly projects

Al-Arafah Islami Bank has signed a participatory agreement with Bangladesh Bank under the latter’s refinancing scheme to finance environment-friendly projects.
21 March 2024