NRB Commercial Bank has entered into its 10th year of operations.

Trust Bank Ltd and Radisson Blu Dhaka Water Garden recently signed a memorandum of understanding (MoU) over having hotel dine facility for a one-year term.

The Hong Kong and Shanghai Banking Corporation (HSBC) has set a goal to provide between $750 billion and $1 trillion in financing and investment globally in the next decade to support its clients to lower carbon emissions and achieve sustainable growth.

The World Bank has extended a $250 million financing to Bangladesh in budgetary support after the country has moved to bring in fiscal and financial reforms to strengthen policies to sustain growth and enhance resilience to future shocks.

Brac Bank posted a 15 per cent higher profit year-on-year to Tk 465 crore in 2021 as its business momentum gained pace, mainly in the second half.

United Commercial Bank (UCB) has decided to form two subsidiaries in Hong Kong and Malaysia to run trade finance and money service business, albeit all subject to the approval of the regulatory authorities.

Islami Bank Bangladesh has stepped into its 40th year of operations, with a deposit portfolio of Tk 1.40 trillion and investment portfolio of Tk 1.16 trillion.

Banks in Bangladesh will remain open from 9:30am to 4:00pm every working day during the month of Ramadan, which may begin on April 3 according to the Bangladesh Islamic Foundation.

Visa Worldwide Pte Ltd has partnered with Eastern Bank Ltd to roll out a solution to offer trustee services to its member banks, the first of its kind in Bangladesh.

South Bangla Agriculture and Commerce Bank (SBAC) recently witnessed the promotion of its deputy managing director to the post of senior executive vice-president.

The Payment and Settlement Systems Bill, 2022 was placed in Parliament today with a provision for punishing top bank officials for committing bank fraud through digital cheques.

The Islamic Development Bank (IsDB) will finance Tk 398 crore for the country’s cottage, micro, small and medium enterprises (CMSMEs) with a view to propping up the businesses hit hard by the pandemic.

City Bank recently witnessed the promotion of its deputy managing director and chief financial officer to the post of additional managing director.

Brac Bank recently signed a partnership agreement with Singapore-based multinational bank DBS such that Bangladeshi migrants in Singapore could easily transfer their hard-earned income to their families with minimal expenses.

Islami Bangladesh Bank Ltd (IBBL) and mobile financial service provider bKash signed a partnership agreement to jointly inaugurate the Instant Add Money (IAM) service for customers.

City Bank has won a “Best Issuing Bank in South Asia” award from International Finance Corporation (IFC), a member of World Bank Group.

Bangladesh Bank yesterday gave the green light to rollout contactless debit and prepaid cards with a view to push digital transactions in the country.

Md Ataur Rahman Prodhan, chief executive officer and managing director of Sonali Bank Ltd, has been re-elected as chairman of Primary Dealers Bangladesh Ltd (PDBL) for a one-year term.

S Renganathan, group managing director of the Commercial Bank of Ceylon PLC, is scheduled to visit Bangladesh today.

Bank Asia recently signed an agreement over a syndicated unsecured term loan facility for $25 million arranged by Bank Muscat based in the Sultanate of Oman.