United Commercial Bank PLC (UCB) has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA), marking a significant advancement in enhancing the accessibility and operational efficiency of the Universal Pension Scheme (UPS) in Bangladesh..Md Mahiuddin Khan, exe

State-owned BASIC Bank Limited has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to support and streamline the implementation of the Universal Pension Scheme..Md Mahiuddin Khan, executive chairman of the NPA, and Md Quamruzzaman Khan, managin

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

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

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

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

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

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.

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

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

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,

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

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

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

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

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

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

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

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

The Bangladesh Financial Intelligence Unit wants the information by July 15