BRAC Bank’s distribution network alone has achieved a deposit growth of more than Tk 8,000 crore in 2023, which is a record in a single year in Bangladesh’s banking industry.

The interest rates were raised by 2 percentage points

Efforts to curb commodity prices will be a top priority during the upcoming fasting month of Ramadan, the minister said.

Inflation eases in December

For years now, a plethora of reforms have been suggested by relevant stakeholders. As reactionary measures in a lot of instances, the government has explored some of these reforms and is taking steps in the right direction. However, considering where the economy stands right now and comparing with relevant countries, Bangladesh has significant ground to cover.

Credit card spending decreased in last November compared to the preceding month, according to BB

Premier Bank has organised a “Business Conference-2024” at Renaissance Dhaka Gulshan Hotel today.

Southeast Bank has organised a “Business Policy and Planning Conference-2024” to evaluate the business position of the bank at the bank’s head office in Dhaka today.

The government amends the Explosive Regulations 2004

Global Islami Bank (GIB) and ARS-Bangladesh, a microcredit financial institution, has signed an agreement to finance flower cultivation and the farming of Black Bengal goats, which recently got geographical Indication (GI) status, in the Jashore area under the Agricultural and Rural Investment Policy of the Bangladesh Bank.

Eastern Bank recently penned an agreement with Assure Group, a real estate company.

Mutual Trust Bank (MTB) has signed a bancassurance agreement with Pioneer Insurance Company, enabling the bank to sell Pioneer’s insurance solutions to its retail customers.

Midland Bank recently signed a loan facility agreement worth Tk 1 crore with Agromukam BD, an agro-based eCommerce market, to support new technology-driven business ideas.

Pubali Bank recently signed a memorandum of understanding with Apollo Multispeciality Hospitals, a hospital in Kolkata.

Bank Asia has signed an agreement with Syngenta, a Switzerland-based agricultural science and technology organisation, aiming to provide cost-free seeds, fertilisers and pesticides to poor and marginal farmers nationwide as part of its corporate social responsibility.

Bangladesh's external challenges remain pressing, the American credit rating agency said.

Central banks are public institutions, charged with maintaining economic stability through controlling the supply of money in an economy.

The banking sector is the backbone of a country's economy, especially to promote businesses. However, sadly, the sector is plagued with multi-layered challenges.

Meghna Bank will arrange Tk 175 crore from different banks and financial institutions for tiles and sanitaryware manufacturer Star Ceramics, a sister concern of RAK Ceramics Bangladesh.

AB Bank has signed a collection services agreement with National Polymer Industries, a manufacturing company in the unplasticised polyvinyl chloride (UPVC) sector of the country, in a bid to expedite cash transactions to its dealers across the country.