Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust..This shift has emerged after controversies and financial scandals involving Shariah-based banks, many of which

M Khurshed Alam was appointed as the new additional managing director (AMD) of the National Credit and Commerce Bank (NCC Bank) PLC yesterday..Prior to assuming his new role at NCC Bank, Alam was serving at Eastern Bank PLC (EBL) as the deputy managing director..He had worked in vari

Bengal Commercial Bank PLC (BGCB) recently launched a new branch in the capital’s Mirpur..Md Jashim Uddin, chairman of the bank and president of the SAARC Chamber of Commerce and Industry, inaugurated the branch, according to a press release..Md Iqbal Hossain Chowdhury, director of t

SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case

Uttara declared the dividend when many banks were not allowed to do so due to strict regulatory rules

Tanveer Ahmed has been appointed as the vice-chairman of Meghna Bank PLC..A distinguished business professional with 18 years of exceptional achievement in the readymade garment (RMG) sector and the construction industry, Ahmed has successfully led Elegant Group since 2007. .Under hi

United Commercial Bank (UCB) PLC recently signed a memorandum of understanding (MoU) with the Raise Project, an initiative under the Wage Earners Welfare Board (WEWB), to facilitate access to finance for returnee migrant workers aspiring to start their own businesses..Adnan Masud, addition

NRBC Bank PLC launched a new sub-branch in Borhanuddin upazila, Bhola yesterday..Md Hafiz Ibrahim, a former member of parliament, inaugurated the sub-branch as the chief guest, according to a press release..Mohammad Obaidul Haque, former executive director of Bangladesh Bank, princip

Prime Bank PLC recently signed a partnership agreement with Mastul Foundation, a non-profit charity organisation in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Kazi Reaz Rahman, executive director of the foundation, signed the agreement at the bank’s corpor

Habibur Rahman, managing director (MD) and CEO of the South Bangla Agriculture and Commerce Bank (SBAC) PLC, has resigned on personal grounds.

Bangladesh Bank has set a target for banks and financial institutions to disburse 27 percent of their total loans to cottage, micro, small, and medium enterprises (SMEs) by 2029 to promote business growth and employment.

Shahjalal Islami Bank PLC launched an ATM booth at the premises of Excellent Tiles Industries Limited in Bhaluka, Mymensingh on Sunday, aiming to provide fast and round-the-clock banking services to customers..Abdul Halim, a director of the bank, inaugurated the ATM booth as the chief gues

Al-Arafah Islami Bank PLC has signed an agreement with Lubana General Hospital Limited to provide payroll banking services for the hospital’s employees..Md Abdullah Al Mamun, deputy managing director of the bank, and Md Shah Zahirul Islam, managing director of the hospital, signed the agre

The number of Tk 10/50/100 accounts—excluding School Banking, Street Urchins, and Working Children Accounts—stood at 2.81 crore, with total deposits of Tk 46,851.15 crore during the quarter under review

He will buy 5.93 lakh shares from a sponsor of the same company

Uzma Chowdhury has been elected as the chairperson of Meghna Bank PLC.

Sonali Bank PLC recently organised a “Divisional Business Conference-2025” for officers of Chattogram North and South at the World Trade Centre in the port city.

Prime Bank PLC recently signed a partnership agreement with As-Sunnah Foundation, a non-political and non-profit religious charity organisation based in Bangladesh.

BRAC Bank organised the “TARA Uddokta Mela 2025” at the Aloki Convention Centre in the capital's Gulshan, with the aim of promoting locally crafted products from women entrepreneurs.

Banks in Bangladesh saw slower deposit growth last year mainly due to high inflation, the people’s confidence crisis regarding some banks and a crackdown on money laundering, according to officials of the country’s central bank.