RACE-managed assets are 100% safe, the asset manager ensures BSEC

Bangladesh RACE Asset Management releases a statement in response to BSEC’s recent suspension on its BO accounts
27 June 2024

Bangladesh’s GDP to grow 5.7% in FY25

Bangladesh's gross domestic product (GDP) growth will decrease to 5.7 percent in 2024-25 from 5.8 percent in the current fiscal year while inflation will ease to 8 percent, according to the Mastercard Economic Institute (MEI).
27 June 2024

Renata to sign deal with IFC for $60 million loan

The fund will be given as working capital
27 June 2024

Safwan Choudhury re-elected as vice-chairman of Bank Asia

Mohd Safwan Choudhury was re-elected as vice-chairman of Bank Asia at a meeting of the bank’s board of directors on Sunday.
26 June 2024

Agrani Remittance House, Malaysia holds awareness programme on remittance, offshore banking

Agrani Remittance House, Malaysia, a subsidiary of Agrani Bank, recently organised an awareness programme on remittance through legal channels, participation in the Universal Pension Scheme (UPS), and offshore banking deposit accounts.
26 June 2024

Eastern Bank offers auto loans to Rancon Car Hub's customers

Eastern Bank recently signed a memorandum of understanding (MoU) with Rancon Car Hub Ltd, a strategic business unit formed under Rancon Holdings Limited.
26 June 2024

NRB Bank opens 8 sub-branches

NRB Bank today opened eight sub-branches in seven different districts across the country.
26 June 2024

Dhaka Bank declares 10% cash dividend

Dhaka Bank announced a 10 percent cash dividend for the year that ended on December 31, 2023.
26 June 2024

Al-Arafah Islami Bank opens relocated Uttara branch

Al-Arafah Islami Bank opened a relocated Uttara Model Town branch today with a view to providing the best modern banking services to its customers.
26 June 2024

Kaus Mia: a role model in a nation where tax noncompliance is rife

The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
25 June 2024

Pubali Bank opens relocated Dhaka Stadium corporate branch

Pubali Bank recently opened a relocated Dhaka Stadium corporate branch with a view to providing more advanced and modern banking services to its customers.
25 June 2024

Prime Bank arranges training programme in Chattogram

Prime Bank recently organised a daylong training and awareness programme, styled “AML & CFT Compliance & Awareness”, in Chattogram City.
25 June 2024

Romo Rouf Chowdhury re-elected as chairman of Bank Asia

Romo Rouf Chowdhury has been re-elected as chairman of Bank Asia at a meeting of the bank’s board of directors on Sunday.
25 June 2024

Banks, NBFIs asked to freeze accounts of Matiur, family members

The accounts should remain frozen for 30 days, BFIU ordered
25 June 2024

ONE Bank, NEC Money Transfer strike deal on remittance

ONE Bank recently signed an agreement on remittance services with NEC Money Transfer Limited, a Bangladeshi-owned fintech-based remittance transfer company.
24 June 2024

Kaiser, Khaled re-elected as City Bank’s chairman, vice-chairman

Aziz Al Kaiser and Hossain Khaled have been re-elected as chairman and vice-chairman of City Bank respectively. This marks their fourth consecutive term in these positions.
24 June 2024

Eastern Bank opens ATM at Agargaon metro station

Eastern Bank launched ATM services at the Dhaka Metro Rail station in Agargaon, aiming to provide seamless services to metro rail passengers and others.
24 June 2024

Matiur removed from Sonali Bank’s board

The development comes a day after he was asked not to attend the board meetings of the state-run bank
24 June 2024

Monetary policy likely in 3rd week of July

The policy would aim to bring down inflation
23 June 2024

Exim Bank opens relocated Chattogram EPZ branch

Exim Bank recently opened its relocated Chattogram EPZ (CEPZ) branch.
23 June 2024