BRAC Bank has promoted four senior leadership team members to the post of additional managing directors (AMDs) and deputy managing directors (DMDs), effective from 1 April this year..Of them, Tareq Refat Ullah Khan, DMD and head of corporate and institutional banking, and Syed Abdul Momen,

NRB Bank PLC yesterday organised the “Year-to-Date Business Conference 2025 (Q1)” at the bank’s corporate head office in Gulshan, Dhaka, with the slogan ‘Not Just Banking, But Promise”..Iqbal Ahmed, founder chairman and present chairman of the bank, inaugurated the conference as the chief

ONE Bank PLC has recently launched a new branch in Chandpur, marking the 113th branch of the bank, according to a press release..KH Rashed Akhtar Zaman, senior executive vice-president and head of branch distribution at the bank, inaugurated the branch as the chief guest..On this occ

Dhaka Bank PLC has entered into a strategic partnership with JP Morgan Payments to enhance inward remittance services in Bangladesh, leveraging JP Morgan Payments’ Xpedite Select Receipt, a sophisticated cross-currency payment and receipt solution..Christine Tan, managing director and head

Prime Bank PLC has recently entered into a strategic partnership agreement with the Bangladesh Freelancer Development Society (BFDS) to empower the burgeoning freelancer community in Bangladesh..M Nazeem A Choudhury, deputy managing director of the bank, and Tanjiba Rahman, chairman of BFD

Prime Bank PLC has reported a 59 percent year-on-year growth in net profit after tax (NPAT) for the first quarter (Q1) of the financial year 2025..According to a press release, the NPAT rose to Tk 209 crore, compared to Tk 132 crore during the corresponding period of the previous year..

Romana Rouf Chowdhury has been re-elected as chairman of Bank Asia Securities Limited..The reappointment was confirmed during the company’s 14th annual general meeting (AGM), held on April 23, 2025, according to a press release..Chowdhury is also one of the directors of Bank Asia PLC

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Chittagong Port Authority (CPA) to inaugurate advanced digital banking services at Chattogram Port..Rear Admiral SM Moniruzzaman, chairman of CPA, and Ali Reza Iftekhar, managing director and chief executive off

Standard Chartered Bank has entered into a strategic partnership agreement with Biman Bangladesh Airlines, to establish the airline’s first Regional Treasury Centre (RTC)..Md Shafiqur Rahman, managing director and CEO of the national flag carrier, and Naser Ezaz Bijoy, chief executive offi

City Bank PLC has promoted Md Nurul Azam Mozumder and Kamrul Mehedi to the position of deputy managing directors (DMDs)..Prior to assuming this new role, Mozumder was serving the bank as a senior executive vice-president and head of medium business, concurrently, said a press release. .

Mohammad Abdul Mannan, chairman of First Security Islami Bank PLC, has recently been appointed as chairman of the executive committee of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB)..The appointment was confirmed during the 69th meeting of the executive committee of th

BRAC Bank has entered into a remittance agreement with QuiqSend, an Australian fintech enterprise, to offer a streamlined, app-based remittance solution for Bangladeshi wage earners residing in Australia..Md Shaheen Iqbal, deputy managing director and head of treasury and financial institu

Pubali Bank Securities Limited, an investment company and a subsidiary of Pubali Bank PLC, organised its 15th annual general meeting (AGM) on Tuesday..The meeting was conducted virtually and was presided over by Md Abdur Razzak Mondal, chairman of the investment company, according to a pre

Global Islami Bank PLC has recently inaugurated the Kotchandpur sub-branch in Jhenaidah..Md Zamal Mollah, independent director and vice-chairman of the bank, inaugurated the sub-branch as the chief guest, the bank said in a press release..The inaugural ceremony was presided over by S

NCC Bank PLC has launched a new banking product, the “Freelancer Account”, specifically designed to support the growing community of freelancers in Bangladesh..This innovative account aims to deliver tailored financial solutions that empower freelancers while promoting greater financial in

Mutual Trust Bank PLC (MTB) has recently achieved a significant milestone, amassing over Tk 100 crore through fixed deposit (FD) and deposit pension scheme (DPS) accounts via its digital banking platform, MTB Neo..As of March 2025, MTB Neo reported a staggering 668,000+ transactions, culmi

Dhaka Bank PLC has signed a payroll banking agreement with York Hospital Limited..HM Mostafizur Rahaman, senior executive vice-president and head of retail business division at the bank, and SM Jaglul A Mozumdar, managing director of the hospital, signed the agreement at the latter’s headq

Meghna Bank PLC has inaugurated a new training institute, titled “Centre for Excellence”, in Mohakhali, Dhaka recently..The initiative is designed to elevate employee competencies, enhance job performance, foster engagement, and ultimately support the bank’s sustained success by equipping

Standard Chartered Bangladesh has unveiled the “Freelancer Account”, a tailored banking solution designed to meet the evolving financial needs of the country’s dynamic freelance community..Lutful Habib, head of wealth and retail banking at the multinational bank, and Tanjiba Rahman, chairm

The private lender said its profit grew 18 percent year-on-year to Tk 279.59 crore in 2024