AB Bank opens sub-branch in Dinajpur

AB Bank opened a sub-branch on Pulhat Road under Dinajpur municipality today.
23 June 2024

Midland Bank launches 'MDB digital secured credit card'

Midland Bank recently launched a new financial service named “MDB Digital Secured Credit Card” for its customers.
23 June 2024

Bank Asia declares 15% cash dividend

Bank Asia announced a 15 percent cash dividend for the year that ended on December 31, 2023.
23 June 2024

Dhaka stocks rise for fifth straight day

A price spike of blue-chip stocks played an important role for the gain
23 June 2024

Govt bars Matiur from Sonali Bank’s board meeting

The disclosure comes a couple of hours after the finance ministry transferred Matiur to the Internal Resources Division from the NBR
23 June 2024

Structure energy budget, keeping sustainability in mind: CPD

The think-tank said in a paper presented at an event on power and energy sector in the national budget for FY25
23 June 2024

Eastern Bank, Sun Pharma strike deal on payroll banking

Eastern Bank recently signed an agreement on payroll banking with Sun Pharmaceutical Industries.
22 June 2024

SBAC Bank declares 2% cash dividend

SBA Commercial (SBAC) Bank today announced a two percent cash dividend for the year that ended on December 31, 2023.
22 June 2024

BRAC Bank, Unimart ink deal on service benefits

BRAC Bank recently signed an agreement with Unimart Limited, a concern of United Group and a retail services provider of the country, to offer exclusive privileges for the bank’s high-value premium savers account holders.
22 June 2024

City Bank gets $30 million loan from OPEC Fund

City Bank recently signed a $30 million loan agreement with the OPEC Fund for International Development to support global trade by providing financing to importers and exporters in Bangladesh, especially in the agriculture and green energy sectors.
22 June 2024

Bangladesh receives $900 million in World Bank loans for two projects

These new financing operations will help Bangladesh in financial sector and urban management, says Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan
22 June 2024

Deposits of Bangladeshi banks, nationals in Swiss banks hit lowest level ever

It declined 68% year-on-year to 17.71 million Swiss francs in 2023
20 June 2024

Midland Bank celebrates 11 years of operations

Midland Bank celebrated its 11th founding anniversary today.
20 June 2024

Dhaka Bank, SME Foundation team up to boost CMSME business

Dhaka Bank teamed up with the SME Foundation to provide loans to cottage, micro, small and medium enterprises (CMSMEs) under their revolving loan facility amounting to Tk 450 crore with funds from the government’s stimulus package and its own sources.
20 June 2024

Commercial Bank of Ceylon, ACI Motors strike deal on EMI facilities

The Commercial Bank of Ceylon recently signed a memorandum of understanding (MoU) with ACI Motors, an automobile company and a subsidiary of ACI Limited, to offer EMI facilities on Yamaha Motorcycles using CBC-Visa credit cards.
20 June 2024

Forex reserves rise by $300 million in a week

Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
20 June 2024

Dhaka stocks rise for fourth consecutive day

The benchmark index, DSEX, increased 1.6% from the previous day
20 June 2024

EPIC Group secures $100 million in IFC loans for expansion

$70 million will be sustainability-linked loan and a $30 million green loan
19 June 2024

Raise policy rate to 10% to curb inflation: Ahsan H Mansur

Monetary policy stance should be tight, the economist said in an MCCI-PRI organised post-budget discussion
12 June 2024

Prime Bank strikes deal with International Culinary Institute

Prime Bank recently signed an agreement with the International Culinary Institute (ICI).
11 June 2024