EXIM Bank strikes MoU with National Pension Authority

EXIM Bank PLC has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate the collection of registration fees and monthly instalments for various schemes under the Universal Pension Scheme..Abdul Aziz, managing director (current charge) o
16 July 2025, 13:45 PM

Bank Asia signs MoU with National Pension Authority

Bank Asia PLC has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to support the implementation of various schemes under the Universal Pension Scheme (UPS), a significant step towards promoting financial security for citizens across all socio-economic segment
16 July 2025, 13:42 PM

Prime Bank hosts engagement session with corporate clients

Prime Bank PLC recently hosted a daylong engagement session with its corporate banking clientele, fostering meaningful dialogue and collaboration on the evolving business environment..The event brought together distinguished corporate clients for in-depth discussions, the exchange of ideas
16 July 2025, 13:37 PM

Janata Bank achieves 95% deposit target

State-owned Janata Bank PLC has amassed deposits totalling Tk 109,810 crore by the end of December 2024, achieving 95.49 percent of its annual target despite a challenging economic environment..The figure was revealed at the bank’s 18th annual general meeting (AGM), held at its head office
16 July 2025, 13:34 PM

Reverse repo rate cut by 50 basis points

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.
15 July 2025, 18:00 PM

BB buys $313m more from 22 banks

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.
15 July 2025, 18:00 PM

Romo Rouf Chowdhury re-elected chairman of Bank Asia

Romo Rouf Chowdhury has been re-elected as the chairman of Bank Asia PLC..The reappointment was confirmed at a recent meeting of the bank’s board of directors, held at its head office in Dhaka, according to a press release issued by the bank..Chowdhury is a sponsor shareholder and sp
15 July 2025, 14:20 PM

ONE Bank celebrates 26th founding anniversary

ONE Bank PLC has celebrated the 26th anniversary of the commencement of its commercial operations in Bangladesh’s banking industry..To mark the occasion, the bank organised a series of programmes across its branches and corporate head office nationwide..ASM Shahidullah Khan, chairman
15 July 2025, 14:18 PM

Social Islami Bank signs MoU with National Pension Authority

Social Islami Bank PLC has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate seamless registration, contribution collection, and API integration under the Universal Pension Schemes..Md Mahiuddin Khan, executive chairman of the NPA,
15 July 2025, 14:15 PM

Mastercard, Mutual Trust Bank and Pathao unveil youth-focused prepaid cards

Global digital payment solutions provider Mastercard, in partnership with Mutual Trust Bank PLC and Pathao Pay, a digital payment platform in Bangladesh, yesterday launched a range of youth-oriented real-time companion prepaid cards, offering a personalised and enhanced payment experience..<p
15 July 2025, 14:07 PM

Jamuna Bank signs MoU with National Pension Authority

Jamuna Bank PLC has entered into a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate the collection of contribution instalments for various schemes under the Universal Pension Scheme..The bank is entitled to commence its collection services shortly a
15 July 2025, 14:05 PM

Trust Bank holds workshop on anti-money laundering and counter-terrorism financing

Trust Bank PLC recently organised a daylong workshop, titled “Prevention of Money Laundering and Combating the Financing of Terrorism (AML & CFT)”, for its senior officials from the Dhaka region..The initiative was aimed at raising awareness and enhancing the compliance capabilities of the
15 July 2025, 14:01 PM

First Security Islami Bank removes managing director

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group
15 July 2025, 11:27 AM

BB appoints chief economist

Professor Akhand Mohammad Akhtar Hossain, an economist with extensive national and international experience, has been appointed as the chief economist of Bangladesh Bank, effective from 1 July..Hossain began his academic career as a lecturer in the Department of Economics at Jahangirnagar
14 July 2025, 15:10 PM

Mercantile Bank organises training for management trainee officers

Mercantile Bank PLC has recently conducted a month-long foundation training programme for the 14th batch of its management trainee officers..A total of twenty-four officers took part in the programme..Mati Ul Hasan, managing director of the bank, inaugurated the training as the chief
14 July 2025, 14:38 PM

SBAC Bank signs MoU with National Pension Authority

SBAC Bank PLC yesterday signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate and promote the Universal Pension Schemes..Md Mahiuddin Khan, executive chairman of the NPA, and Md Rabiul Islam, managing director and chief executive officer (curren
14 July 2025, 14:32 PM

Eastern Bank signs deal with Norwegian Refugee Council

Eastern Bank PLC (EBL) has entered into a strategic partnership agreement with the Norwegian Refugee Council (NRC), an independent humanitarian organisation..Sehnaz Ozdamar, country director for Bangladesh at NRC, and Ali Reza Iftekhar, managing director and chief executive officer of the
14 July 2025, 14:13 PM

Islami Bank chairman, family members’ bank account details sought

The Bangladesh Financial Intelligence Unit wants the information by July 15
14 July 2025, 13:24 PM

Daffodil International University, Pubali Bank organise industry-academia summit

Daffodil International University (DIU), in collaboration with Pubali Bank PLC, recently organised an “Industry-Academia Collaboration Summit 2025” at its campus in Dhaka..Mohammad Ali, managing director and CEO of the bank, inaugurated the summit as the chief guest, according to a press r
13 July 2025, 15:26 PM

Midland Bank signs MoU with Pizza Hut

Midland Bank PLC yesterday signed a memorandum of understanding (MoU) with Pizza Hut, the US-based international restaurant chain..Md Nazmul Huda Sarkar, chief technology officer of the bank, and Farhan Hadi, head of marketing of Pizza Hut Bangladesh, signed the MoU at the bank’s head offi
13 July 2025, 15:21 PM