United Commercial Bank launches microservices-based open API banking platform

United Commercial Bank PLC (UCB) has launched a microservices-based open API banking platform in Bangladesh following an upgrade to its core banking system (CBS)..The new open API infrastructure enables UCB to securely exchange data and services with third-party applications and fintech pl
15 June 2025, 15:32 PM

Mutual Trust Bank unveils ‘MTB NRB Account’ for Non-Resident Bangladeshis

Mutual Trust Bank PLC (MTB) recently unveiled a new financial solution, titled “MTB NRB Account”, designed to cater to the banking needs of Non-Resident Bangladeshis (NRBs)..Syed Mahbubur Rahman, managing director and chief executive officer of MTB, inaugurated the service at a ceremony he
15 June 2025, 15:28 PM

Bad loans hit record Tk 420,335 crore

It rose 131% year-on-year as of March of 2025
15 June 2025, 12:48 PM

BRAC Bank to issue Tk 1,000 crore bond

The social subordinated bond will enhance the bank’s Tier-II capital base
15 June 2025, 10:42 AM

Bangladesh in ‘intensive discussion’ with UK to recover laundered money: BB governor

Mansur said Bangladesh had requested mutual legal assistance from several countries, including the UK
15 June 2025, 09:55 AM

Eastern Bank launches ‘Shopno Jabe Bari’ prepaid card with Grameenphone

Eastern Bank PLC (EBL) has launched a co-branded Visa prepaid card, titled “Shopno Jabe Bari” with Grameenphone Limited (GP), the country’s leading mobile phone operator..M Khorshed Anowar, deputy managing director and head of retail and SME banking at EBL, inaugurated the card at the GP h
14 June 2025, 15:02 PM

Midland Bank declares 6% dividends

Midland Bank PLC has announced 6 percent dividends for the financial year 2024, including a 3 percent cash dividend..The announcement was made at the bank’s 12th annual general meeting (AGM), which was recently held virtually, according to a press release..Ahsan Khan Chowdhury, chair
14 June 2025, 14:55 PM

Eastern Bank celebrates World Environment Day with weeklong sustainability drive

Eastern Bank PLC (EBL) recently celebrated “World Environment Day 2025” through a weeklong series of impactful initiatives, held under the theme “True Transformation Starts from Within”..Ali Reza Iftekhar, managing director and CEO of EBL, inaugurated the programme at the bank’s head offic
12 June 2025, 14:13 PM

Islamic banks’ deposit share continues to shrink in Jan–Mar quarter

Islamic bank deposits declined, dropping to 19.56% of total in Jan-Mar of 2025.
12 June 2025, 11:07 AM

Eastern Bank partners with Akij Takaful to offer Islamic life insurance

Eastern Bank PLC (EBL) has entered into a strategic bancassurance partnership agreement with Akij Takaful Life Insurance PLC to offer a suite of Shariah-compliant life insurance products to its clientele..M Khorshed Anowar, deputy managing director and head of retail and SME banking and ch
11 June 2025, 14:40 PM

NRBC Bank holds workshop on financial inclusion, literacy

NRBC Bank PLC recently organised a workshop aimed at enhancing awareness of financial literacy and promoting financial inclusion among the country’s marginalised populations..Md Touhidul Alam Khan, managing director and chief executive officer of the bank, attended the event as the chief g
11 June 2025, 14:37 PM

Where will you still need to submit proof of tax return filing?

To access nearly 40 other services, submission of PSR will remain mandatory
11 June 2025, 12:34 PM

Banks see cash withdrawal surge for Eid

Bank branches in Dhaka experienced a massive surge in cash withdrawals and other banking transactions yesterday, the last working day before a 10-day Eid-ul-Azha holiday. 
4 June 2025, 20:06 PM

Sonali Bank reports Tk 988cr profit in 2024

Sonali Bank saw its earnings rise in 2024, driven by higher interest income.
4 June 2025, 18:59 PM

NRB Bank unveils Visa signature and corporate commercial credit cards

NRB Bank PLC has launched its Visa signature and corporate commercial credit cards, expanding its portfolio of premium financial services for customers..Iqbal Ahmed, the founder and chairman of the bank, inaugurated the new cards as the chief guest at a ceremony held at the bank’s corporat
4 June 2025, 15:17 PM

BRAC Bank partners with bKash to offer 24/7 services for agents, distributors

BRAC Bank has entered into a strategic partnership agreement with bKash Limited to provide automated cash management solutions for bKash’s extensive nationwide network of agents, distributors, and merchants..Tareq Refat Ullah Khan, managing director and CEO (current charge) of the bank, an
4 June 2025, 15:14 PM

NRBC Bank honours top-performing branches, sub-branches

NRBC Bank PLC has recognised its highest-performing branches and sub-branches with Performance Awards for the year 2024..A total of nine branches and sub-branches were awarded across three categories -- Urban Branches, Rural Branches, and Sub-Branches -- during the bank’s “Strategic Busine
4 June 2025, 15:08 PM

Trust Bank partners with Visa to launch ‘Visa Direct for Account’ service

Trust Bank PLC has entered into a strategic partnership deal with Visa to launch the “Visa Direct for Account” service for cross-border payments..This service enables direct payouts to bank accounts via the Visa network, leveraging automated clearing house (ACH) and real-time payments (RTP
4 June 2025, 15:05 PM

Prime Bank forms strategic partnership deal with Incredible

Prime Bank PLC has entered into a strategic partnership agreement with Incredible Pvt Ltd to enhance its customer value proposition through access to specialised developmental services..M Nazeem A Choudhury, deputy managing director of the bank, and Md Taukir Ahmed, chairman of Incredible
4 June 2025, 15:00 PM

City Bank, CEAB unite to promote trade and investment

City Bank PLC has recently signed a memorandum of understanding (MoU) with the Chinese Enterprises Association in Bangladesh (CEAB) to foster joint investment and trade cooperation across key sectors in Bangladesh..Mashrur Arefin, managing director and chief executive officer of the bank,
4 June 2025, 14:52 PM