Migrants sent home $2.6 billion in the first 29 days of April

Private commercial lenders BRAC Bank and City Bank registered significant profit growth last year..BRAC Bank’s consolidated profit surged 73 percent year-on-year to nearly Tk 1,432 crore, while that of City Bank rose by 59 percent to around Tk 1,014 crore..BRAC Bank reported consolid

Jamuna Bank PLC has entered into an agreement with the Bangladesh Bridge Authority (BBA) to facilitate the implementation of a modern, transparent, time-efficient, and technology-driven toll collection system on the Padma Bridge..Under the terms of the agreement, both parties will collabor

Mercantile Bank PLC organised a daylong training programme titled “Prevention of Money Laundering & Combating Financing against Terrorism” for officials from the Chattogram, Feni, Noakhali, and Cumilla regions..The event was held at Chattogram Club in the port city recently..Accordin

Abdus Salam, a sponsor director, has been elected vice-chairman of NCC Bank PLC..The election took place during a recent meeting of the bank’s board of directors, according to a press release..Over the decades, he has distinguished himself as an authority in electromechanical install

IFIC Bank PLC has signed a memorandum of understanding (MoU) with the Investment Corporation of Bangladesh (ICB) to provide payroll banking services for ICB’s employees..Md Nazimul Hoque, chief manager of principal branch at the bank, and Md Anwar Shamim, general manager of ICB, signed the

Al-Arafah Islami Bank PLC has opened a hajj booth to provide services to hajj pilgrims at Ashkona Hajj Camp on Monday..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, inaugurated the booth as the chief guest, said a press release..In his speech, Khan said, “Haj

EXIM Bank PLC yesterday launched a hajj booth at the Ashkona Hajj Camp to provide essential services to pilgrims during the hajj season..M Akhter Hossain, managing director (current charge) of the bank, inaugurated the booth as the chief guest, according to a press release..The booth

Trust Bank PLC has recently signed a memorandum of understanding (MoU) with Bangladesh Jail..Under this MoU, all personnel employed by Bangladesh Jail nationwide will be eligible to open salary accounts with Trust Bank and avail themselves of a comprehensive suite of banking services..<

Prime Bank PLC has entered into a memorandum of understanding (MoU) with ICB Asset Management Company Limited (IAMCL) to boost the sales of units of open-end mutual funds managed by IAMCL..Prof Abu Ahmed, chairman of the Investment Corporation of Bangladesh and IAMCL, and M Nazeem A Choudh

The bank reported consolidated earnings per share of Tk 6.95 in 2024

Al-Arafah Islami Bank PLC has provided financial aid worth Tk 10 lakh for the construction of a data analytics and service centre at the Department of Statistics of the University of Dhaka..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, handed over the cheque of the

Trust Bank PLC has signed an agreement with Dhaka Mass Transit Company Limited (DMTCL) to establish the bank’s automated teller machine (ATM) or cash recycler machine (CRM) booths at various designated spaces across 16 Metro Rail stations of MRT Line-6..Md Mahboob Hossain, head of business

City Bank PLC has organised the “Branch Managers’ Conference 2025” with the theme “Happy Employees, Happy Customers, Happy Shareholders” at a hotel in Cox’s Bazar recently..Aziz Al Kaiser, chairman of the bank, inaugurated the conference as the chief guest, said a press release..In h

BRAC Bank has secured the top position in the secondary market trading of government securities (GSEC) for the third consecutive year, according to the latest annual report released by the Bangladesh Bank..In the financial year (FY) 2023–24, BRAC Bank expanded its market share to 13.39 per

Prime Bank PLC has presented gift packs to Hajj pilgrims on the first Hajj flight of Biman Bangladesh Airlines..The first Hajj flight of Biman is scheduled to depart today, according to a press release..To celebrate the occasion, the national flag carrier recently organised a program

Pubali Bank PLC has provided a financial donation worth Tk 1 crore to the Gynaecological Oncology Society of Bangladesh for setting up a permanent office as part of its corporate social responsibility initiatives..Mohammad Ali, managing director and CEO of the bank, handed over a cheque of

Bangladesh Insurance Academy (BIA) has organised a training programme on bancassurance for officials of Midland Bank PLC, held at the BIA’s office in Mohakhali, Dhaka recently..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the three-day programme as the chief guest,

Southeast Bank PLC has signed a memorandum of understanding (MoU) with Tropical Homes Limited, a Dhaka-based real estate development company..Masum Uddin Khan, deputy managing director of the bank, and M Hoque Faishal, director (sales and marketing) of the realtor, signed the MoU in Dhaka,

Bank Asia Securities Limited has organised its 14th Annual General Meeting (AGM) at the board room of Bank Asia PLC, Rangs Bhaban, on Bijoy Sarani in Dhaka recently..Romana Rouf Chowdhury, chairman of Bank Asia Securities Limited, attended the meeting as the chief guest..Chowdhury si