Shahjalal Islami Bank PLC has announced a 10 percent cash dividend for the financial year ending December 31, 2024..The declaration was made during the bank’s 24th annual general meeting (AGM), which was held virtually yesterday, according to a press release issued by the bank..The m

GDP growth may reach 5% in FY26, the bank predicts

United Commercial Bank PLC (UCB), in collaboration with the Bangladesh Bank (BB), has inaugurated a month-long initiative titled the “Entrepreneurship Development Programme” in Bogura..Supported by the Skills for Industry Competitiveness and Innovation Programme (SICIP) under the Ministry

NCC Bank PLC has inaugurated Islamic banking windows at five of its Dhaka branches -- Kawran Bazar, Panthapath, Uttara, Mirpur, and Banani -- as part of its strategic initiative to expand Shariah-compliant financial services..According to a press release, the inauguration was recently offi

Finance ministry sits with different banks to find ways to boost investment in stock market

MIDAS Financing PLC held its 29th annual general meeting (AGM) at the MIDAS Convention Centre in the capital’s Dhanmondi yesterday, according to a press release..The meeting was presided over by Abdul Karim, chairman of the financial services institution. .Ahmed Ataul Hakeem and Rami

Citizens Bank PLC recently organised a training programme on “International Financial Reporting Standards (IFRS–9)” at its training academy in Dhaka..Executives and officers from the bank’s head office and branches participated in the programme..Md Abdul Latif, deputy managing direct

IFIC Bank PLC recently organised a daylong workshop, titled “Currency Management by Scheduled Bank Branches”, aimed at streamlining, modernising, and enhancing discipline in the bank’s currency management practices..The workshop took place at the IFIC Training Institute in the capital's Pu

ELCO Wires and Cables Limited, a Dhaka-based appliances, electrical, and electronics manufacturing company, has recently launched a copper up-casting plant at its Shailat factory premises in Sreepur, Gazipur..Kazi Md Wahidul Islam, managing director of Rupali Bank PLC, inaugurated the plan

Trust Bank PLC has recently entered into an agreement with Shwapno, the country’s leading supershop brand and a subsidiary of ACI Logistics Limited..Md Abu Hasan Zaman, director of treasury at ACI Group, and Md Mahboob Hossain, senior executive vice-president and head of business division

NRBC Bank PLC organised a view-sharing meeting at its head office in the capital on Sunday..Md Ali Hossain Prodhanía, chairman of the bank, inaugurated the programme as the chief guest, according to a press release..Prodhanía stated that Bangladeshi expatriates working abroad play a

Mutual Trust Bank PLC has elected Syed Nasim Manzur and Tapan Chowdhury as directors, and Zareen Mahmud Hosein as an independent director, according to a press release..Syed Nasim Manzur, managing director of Apex Footwear Limited, has joined the board as a director of the bank..He a

Pubali Bank PLC has donated Tk 50 lakh to Gonoshasthaya Kendra, a non-governmental healthcare organisation based in Savar, as part of its corporate social responsibility (CSR) programme..Mohammad Ali, managing director and chief executive officer of the bank, handed over the payment order

Midland Bank PLC, a fourth-generation private commercial bank in the country, has recently celebrated the 12th anniversary of its commercial operations..Md Ahsan-uz Zaman, managing director and chief executive officer of the bank, inaugurated the celebratory programme at the bank’s head of

Bank Asia PLC organised a daylong event titled “Agent Business Meet - 2025” at the Software Technology Park in Jashore on Saturday, aimed at reviewing business strategies and compliance matters..Ziaul Hasan, deputy managing director and head of channel banking and CAMLCO at the bank, presi

Eastern Bank PLC, in its capacity as lead bank, organised a training workshop on “Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT)” for representatives of all scheduled commercial banks operating in Chattogram..Aimed at enhancing professional competencies and regu

SBAC Bank PLC yesterday organised a daylong training workshop titled “Islamic Banking and Shariah Awareness Programme” at the SBAC Bank Training Institute in Dhaka..The event was organised for officials from the bank’s Islamic windows, including those stationed at the head office..Mo

The Asian Development Bank has approved a $900 million loan to help Bangladesh reform its banking sector and strengthen its resilience to the impacts of climate change.

Dutch-Bangla Bank PLC has announced a 20 percent dividend, including a 10 percent cash dividend, for the year 2024..The announcement was made during the bank’s 29th annual general meeting (AGM), which was held virtually yesterday, according to a press release..Presided over by Chairm

BRAC Bank PLC has declared a 25 percent dividend, including a 12.5 percent cash dividend, for the year 2024..The announcement was made during the bank’s 26th annual general meeting (AGM), which was held virtually recently, according to a press release..Presided over by Chairperson Me