Bank Asia launches 'Hajj Deposit Scheme'

Bank Asia PLC has introduced the “Hajj Deposit Scheme” to help individuals with low or limited income save for one of the five pillars of Islam – Hajj..Recognising the financial challenges many face in accumulating the necessary funds for this significant spiritual journey, the bank offers
4 February 2025, 14:16 PM

Prime Bank signs deal with Edison Real Estate to offer benefits

Prime Bank PLC recently signed a partnership agreement with Edison Real Estate Limited to provide benefits to its customers..Md Nazeem A Choudhury, deputy managing director of the bank, and Md Aminur Rashid, chairman and CEO of the real estate company, signed the deal at the realtor’s offi
4 February 2025, 14:16 PM

Mercantile Bank holds 'Town Hall Meeting' in Chattogram

Mercantile Bank PLC recently held a “Town Hall Meeting” at the Chittagong Club in the port city..Mati Ul Hasan, managing director of the bank, attended the meeting as the chief guest, according to a press release..Hasan delivered a speech highlighting non-performing loans, future pla
4 February 2025, 14:16 PM

Implement at least one taskforce recommendation

Education and Planning Adviser Wahiduddin Mahmud said the recommendations of the taskforce committee have been handed over to the chief adviser, and all advisers were asked to choose at least one recommendation that can be implemented during their tenure.
3 February 2025, 19:36 PM

BRAC Bank, BPC partner to simplify payments for tourists

BRAC Bank signed a partnership agreement with Bangladesh Parjatan Corporation (BPC) to introduce seamless payment solutions for local and international tourists..Khairuddin Ahmed, head of merchant acquiring, retail banking of BRAC Bank, and Md Nazrul Islam, general manager (commercial) of
3 February 2025, 15:24 PM

NRB Bank donates 2,500 waste bins to CCC

NRB Bank PLC recently donated 2,500 waste bins to Chattogram City Corporation (CCC) as part of its corporate social responsibility initiative, marking a significant step towards environmental sustainability..Tarek Reaz Khan, managing director of the bank, handed over the donation of waste
3 February 2025, 14:32 PM

Commercial Bank of Ceylon teams up with It’s Humanity Foundation for training

The Commercial Bank of Ceylon PLC has collaborated with It’s Humanity Foundation (IHF), a non-profit organisation in Dhaka, for a corporate social responsibility initiative, aimed at providing vocational training to underprivileged young adults..This programme, facilitated through IHF’s “H
2 February 2025, 14:12 PM

Prime Bank organises open credit programme for farmers in Narail

Prime Bank PLC has extended agricultural loans to 40 farmers in Kalia upazila of Narail as part of its commitment to fostering the growth and development of the country’s agricultural sector..Prime Bank organised an open credit programme with farmers of the district yesterday, said a press
2 February 2025, 14:12 PM

Mutual Trust Bank unveils logo at annual town hall

Mutual Trust Bank PLC (MTB) organised “MTB Annual Town Hall 2025” in Dhaka recently..MTB’s Annual Town Hall 2025 served as a platform to celebrate past achievements, outline future strategies, and reinforce the bank’s position as a trusted financial institution in Bangladesh..The eve
2 February 2025, 14:11 PM

Remittances grow 3% in January

Migrants sent home $2.18 billion in the first month of 2025
2 February 2025, 12:40 PM

Islamic banks see fluctuations in deposits

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
1 February 2025, 14:12 PM

IFIC Bank holds annual business conference

IFIC Bank PLC held its “Annual Business Conference 2025” at IFIC Tower in the capital’s Purana Paltan yesterday..Md Mehmood Husain, chairman of the bank, attended the conference as the chief guest, the bank said in a press release..Syed Mansur Mustafa, managing director of the bank,
1 February 2025, 13:53 PM

Union Bank appoints new DMD

Union Bank PLC recently appointed Mohammad Iqbal to the post of deputy managing director (DMD)..Prior to this role at the 4th generation Shariah-based bank, Iqbal served as a senior executive vice-president and head of business and CAMLCO at Citizens Bank, according to a press release..
1 February 2025, 13:53 PM

Midland Bank inaugurates Kotiadi branch

Midland Bank PLC recently launched a Kotiadi branch at Shahidullah Bhaban on C&B Road in Kotiadi, Kishoreganj..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the branch as the chief guest, the bank said in a press release..In his speech, Zaman thanked the audie
1 February 2025, 13:52 PM

EXIM Bank organises business development meeting

EXIM Bank PLC organised a “Special Business Development Meeting” for the Dhaka region at the bank’s head office in Dhaka on Saturday..Md Akhter Hossain, managing director (current charge) of the bank, attended the meeting as the chief guest, the bank said in a press release..In his s
1 February 2025, 13:52 PM

SBAC Bank arranges annual business development conference

SBAC Bank PLC arranged the “Annual Business Development Conference 2025” at the Le Meridien Dhaka in the capital on Saturday..Md Moklesur Rahman, chairman of the bank, inaugurated the conference as the chief guest, according to a press release..Habibur Rahman, managing director and C
1 February 2025, 13:50 PM

Union Bank holds 17th board meeting

Union Bank PLC held the 17th meeting of the board of directors at its head office in the capital’s Gulshan yesterday..Md Fariduddin Ahmed, chairman of the bank, presided over the meeting, the bank said in a press release..Md Humayun Kabir, chairman of the risk management committee; S
30 January 2025, 13:10 PM

Southeast Bank launches Visa signature credit card

Southeast Bank PLC recently launched a Visa signature credit card, designed to offer privileges and financial flexibility to high-net-worth individuals, corporate professionals, and frequent travellers in Bangladesh..Nuruddin Md Sadeque Hossain, managing director of the bank, and Sabbir Ah
30 January 2025, 13:09 PM

Shahjalal Islami Bank organises annual business conference

Shahjalal Islami Bank PLC organised the “Annual Business Conference-2025” at the Ocean Paradise Hotel & Resort in Cox’s Bazar yesterday..AK Azad, chairman of the bank, attended the conference as the chief guest, the bank said in a press release..Mosleh Uddin Ahmed, managing director
30 January 2025, 13:08 PM

Pubali Bank brings co-branded card with Diabetic Association

Pubali Bank PLC recently launched a co-branded card with the Diabetic Association of Bangladesh (BADAS)..AK Azad Khan, national professor and president of BADAS, and Mohammad Anisuzzaman, deputy managing director of the bank, attended the launch of the new card at the former’s office in Dh
30 January 2025, 13:08 PM