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,

Bank Asia PLC, a pioneer of agent banking in Bangladesh, has recently reached a significant milestone, accumulating deposits exceeding Tk 6,000 crore through its agent banking network..To commemorate this achievement, the bank organised a celebratory event at the Bank Asia Tower in the cap

Mercantile Bank PLC celebrated its 26th founding anniversary on Monday in an event held at its head office in Dhaka..Md Anwarul Haque, chairman of the bank, inaugurated the programme as the chief guest, according to a press release issued by the bank..In his remarks, Haque noted, “Me

Prime Bank PLC has recently signed a memorandum of understanding (MoU) with DX New Energy Industries Limited, with the objective of providing complimentary training on riding motorcycle to the bank’s "Neera" customers at the latter’s training centres across the country..Md Nazeem A Choudhu

Pubali Bank PLC has entered into a strategic partnership agreement with Advanced Chemical Industries (ACI) PLC and ACI Logistics Limited (Shwapno), offering its digital banking services..Mohammad Esha, deputy managing director of the bank, and Md Abu Hasan Zaman, director of treasury at AC

Around a dozen banks are currently struggling to repay depositors, eroding public trust

The Bangladesh Bank issued the licence on June 2

Rupali Bank PLC's profit plummeted in 2024 due to declining operating income.

The discord became apparent after Faiz Ahmed Taiyeb, special assistant to the chief adviser with authority over the Ministry of Posts, Telecommunications and IT, sent a letter to the BB governor on May 12 and posted the letter to his Facebook account recently

IFIC Bank PLC, in collaboration with the Bangladesh Financial Intelligence Unit (BFIU), recently organised a daylong workshop titled “Prevention of Money Laundering and Combating the Financing of Terrorism” in Bogura..A total of 81 officials representing 47 banks operating within the Bogur

Eastern Bank PLC (EBL) has recently launched “Mastercard Virtual Prepaid Cards”, offering a fully digital, environmentally responsible payment solution..Ali Reza Iftekhar, managing director and CEO of EBL, inaugurated the cards as the chief guest at a ceremony held at the bank’s head offic

United Commercial Bank PLC (UCB) has recently convened “513th Board Meeting”, marking a milestone in the institution’s ongoing transformation journey..According to a press release, the board reviewed and approved the audited financial statements for the year ending 2024, alongside the unau

BRAC Bank has reported a remarkable 73 percent year-on-year growth in consolidated net profit after tax (NPAT) for 2024, despite prevailing challenges in the market environment..According to a press release, the bank’s consolidated financial statements which include its subsidiaries, refle

BRAC Bank has signed a strategic partnership agreement with Germany-based DEG Impulse to establish an SME Innovation Lab in Bangladesh’s banking sector, with a particular focus on women-led enterprises..The initiative will be implemented with the support of DEG Impulse gGmbH, a wholly owne

Eastern Bank PLC (EBL) has secured the highest possible credit rating of AAA from the Credit Rating Agency of Bangladesh Limited (CRAB), alongside a short-term rating of ST-1 and a stable outlook, marking the third consecutive year the bank has achieved this distinction..According to a pre

NRBC Bank PLC convened a “Strategic Business Conference 2025” yesterday under the theme “Together Towards Excellence” at a hotel in Dhaka..The conference brought together senior leadership from across the organisation..Md Ali Hossain Prodhania, chairman of the bank, inaugurated the d

Midland Bank PLC recently organised a capacity-building workshop entitled “Capacity Building of Textile and Apparel Businesses in Bangladesh under the Green Supply Chain Transition Programme”, held at Hotel Bengal Blueberry in Gulshan-2, Dhaka..Supported by the Global Supply Chain Support

Prime Bank PLC has recently signed a strategic agreement with Farazy Hospital Limited, aimed at improving access to quality healthcare while delivering enhanced value to the bank’s stakeholders..MM Rabiul Hasan, executive vice-president and chief bancassurance officer of the bank; and M Mo

Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

Order also given to run banking activities until 10 pm in the branches