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.

Brac Bank has launched a multi-currency debit card that enables its customers to make international transactions and purchases from global e-commerce sites.

Dhaka Bank inaugurated the “Dhaka Bank Mujib Corner” to mark the birth centenary of Bangabandhu Sheikh Mujibur Rahman in the month of independence.

Bank Asia launched “Neelima”, a platform for the development of women entrepreneurs, on the occasion of International Women’s Day 2022 at the bank’s corporate office in Dhaka on March 8.

Premier Bank honoured women entrepreneurs for their contribution to the small and medium-sized enterprise (SME) sector on the occasion of the International Women’s Day at the Renaissance Dhaka Gulshan Hotel last week.

Social Islami Bank Ltd (SIBL) won the Bangladesh Innovation Award-2022 in the category of “Best Innovation–Finance Innovation in Banks” by Bangladesh Innovation Conclave recently.

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) in the country to refrain from spending to collect deposits from people and organisations.

Eight business entities and a government app were crowned at the 2nd HSBC Business Excellence Awards for their role in promoting Bangladesh and contributing to the sustainable growth of the economy during the challenging time brought on by the coronavirus pandemic.

Have you ever bought a national prize bond? If you have, then please match your bond numbers with the draw results again as you could be one of those lucky few who are yet to claim their prize despite winning the lottery.

Prime Bank recently witnessed the promotion of Sheikh Matiur Rahman to the post of deputy managing director.

Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country.

Banks in Bangladesh are on the lookout for alternative ways to continue banking with Russian lenders after their transactions with seven major financial institutions came under restriction from SWIFT from yesterday following the western sanction.

Ten years past the advent of mobile financial services (MFS), over 11 crore account holders now conduct 2 crore transactions through it per day.

Bangladesh Bank yesterday asked banks to fulfill their lending targets under a second round of a dedicated stimulus package for cottage, micro, small and medium enterprises.

Ten banks in Bangladesh collectively faced a capital shortfall of Tk 34,639 crore in December, which highlighted their fragile health caused by years of irregularities.

Padma Bank yesterday witnessed the appointment of a managing director and chief executive officer for a three-year term.

Banks are having conversations with potential buyers on how to get rid of their exposure to Russian corporate loans, but sanctions fears and pricing uncertainty are limiting trading activity and the ability of buyers to act, several banking sources said.

AB Bank recently reappointed Tarique Afzal as its president and managing director for a second term with effect from July 8.