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

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

It happened in just two days. A Nabil Group employee and a relative of its chairman own the firm.

Moody’s Ratings has downgraded Bangladesh’s banking system outlook from “stable” to “negative”, citing rising asset risks and worsening economic conditions.

Syed Manzur Elahi was one of Bangladesh’s most distinguished industrialists and entrepreneurs.

The tax administrator organises a pre-budget discussion

The central bank launches an investigation into alleged fraudulent activities

February marked the fifth consecutive month of expansion

After the purchase, his stake rises to 7.34% in the company

Meanwhile, BSEC officials returned to work without withdrawing ‘break in service’ agenda

Navigating the labyrinth of macroeconomic management is particularly challenging during periods of interim leadership.

The customer, Md Murtoza Ali, earlier submitted a petition, accusing the bank's board, MD of embezzling Tk 11cr

Pioneer Insurance Company Ltd has recommended a 25 percent cash dividend for shareholders for the year that ended on December 31, 2024, according to a disclosure published on the Dhaka Stock Exchange (DSE) website yesterday.

The use of the CEO (current charge) title also requires regulatory approval

MJL Bangladesh PLC, popularly known as Mobil Bangladesh, has decided to sell a secondhand oil tanker for $22.7 million, the company said yesterday.

Bangladesh Bank (BB) has reduced the daily cash reserve requirement (CRR) for banks to enable them to manage liquidity more easily.

Bangladesh earns $3.97 billion from exports in the second month of the year

663 unique investors participate in the long-term bond

Bangladesh Bank Governor Ahsan H Mansur’s comment that some ailing banks may face closure drew flak yesterday.

Bank office hours to end at 4pm