FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said
13 January 2025, 10:41 AM

BRAC Bank receives Remittance Award

BRAC Bank PLC has been awarded the “Top Ten Remittance Award” at the “World Conference Series 2025 – Branding Bangladesh: NRB and UN Peacekeepers Leading the Way” by the non-profit research organisation, the Centre for NRB..Ahsan H Mansur, Governor of Bangladesh Bank, presented the award t
12 January 2025, 15:14 PM

Akkas Uddin Mollah re-elected EC chair of Shahjalal Islami Bank

Akkas Uddin Mollah has been re-elected as chairman of the Executive Committee (EC) of Shahjalal Islami Bank PLC during its 389th meeting of the Board of Directors, held recently..In the same meeting, Fakir Akhtaruzzaman was re-elected as vice-chairman of the EC of the bank, according to a
12 January 2025, 14:36 PM
12 January 2025, 14:14 PM

Sonali Bank gets remittance award

Sonali Bank PLC has been honoured with the “Top Ten Remittance Award” at the “World Conference Series 2025” styled “Branding Bangladesh”, by the non-profit research organisation, the Centre for NRB, in recognition of its remittance collections over the past year..Ahsan H Mansur, governor o
12 January 2025, 13:52 PM

Bank Asia signs deal with US-Bangla Airlines

Bank Asia PLC has signed an agreement with US-Bangla Airlines, one of the largest private airlines in Bangladesh..Zishan Ahammad, head of cards, alternative delivery channel, and internet banking at the bank, and Md Shafiqul Islam, head of marketing and sales at the airline, signed the dea
12 January 2025, 13:52 PM

Pubali Bank wins ‘Branding Award 2025’

Pubali Bank PLC has been awarded the “Branding Award 2025” at the “World Conference Series 2025” by the non-profit research organisation, the Centre for NRB, for its special contribution to the Branding Bangladesh initiative..Md Touhid Hossain, adviser to the Ministry of Foreign Affairs an
12 January 2025, 13:52 PM

Exim Bank organises ‘Annual Business Development Conference 2025’

Exim Bank PLC organised an “Annual Business Development Conference 2025” at its head office in Dhaka on Saturday..Md Nazrul Islam Swapan, chairman of the bank, attended the conference as the chief guest, the bank said in a press release..In his speech, Swapan advised all branch manag
12 January 2025, 13:52 PM

Islami Bank wins award for remittance collection

Islami Bank Bangladesh PLC has been awarded the “Top Ten Remittance Gold Award 2025” by the Centre for NRB over its remittance collections..Ahsan H Mansur, governor of Bangladesh Bank, presented the award to Mohammed Monirul Moula, managing director of the bank, at the Pan Pacific Sonargao
11 January 2025, 15:42 PM

Dhaka Bank, MetLife sign deal for employees’ insurance coverage

Dhaka Bank PLC has signed an agreement with MetLife Bangladesh to provide its employees with comprehensive life insurance coverage..This partnership will ensure that more than 1,980 employees of the bank are protected against critical illnesses, accidents, disabilities, and loss of life.</
11 January 2025, 15:42 PM

Meghna Bank strikes MoU with ShareTrip

Meghna Bank PLC recently signed a memorandum of understanding (MoU) with ShareTrip Limited, an online travel agency in Bangladesh..Moksedur Rahman, head of cards (in-charge) at the bank, and Faruque Ahmed, general manager of the travel agency, penned the MoU at the agency’s corporate offic
11 January 2025, 15:40 PM

Mercantile Bank organises annual business conference

Mercantile Bank PLC organised its “Annual Business Conference – 2025” at Le Meridien Dhaka yesterday..The heads of 152 branches and 45 sub-branches, along with all division and regional heads, participated in the conference..Md Anwarul Haque, chairman of the bank, attended the event
11 January 2025, 15:40 PM

Standard Bank hosts ‘Annual Business Conference-2025’

Standard Bank PLC organised the “Annual Business Conference-2025” with the slogan “Year of Consolidation: Build the Future Together” at the Radisson Blu Water Garden in Dhaka yesterday..Mohammed Abdul Aziz, chairman of the bank, inaugurated the conference as the chief guest, the bank said
11 January 2025, 15:24 PM

Premier Bank arranges ‘Business Conference-2025’

Premier Bank PLC organised the “Business Conference-2025” at the Renaissance Dhaka Gulshan Hotel in the capital yesterday..HBM Iqbal, chairman of the bank, joined the conference virtually as the chief guest, according to a press release..In his inaugural speech, Iqbal said, “The scop
11 January 2025, 15:24 PM

Banks see rising deposits for higher interest rates

Bank deposits grew in the third quarter of 2024 as many people were encouraged by rising interest rates to park their money at commercial lenders..In the July-September period of the previous calendar year, bank deposits rose 7 percent year-on-year to Tk 18.25 lakh crore, with bank branche
9 January 2025, 15:45 PM

AFM Shahinul Islam, new head of BFIU

The former Bangladesh Bank executive director has been appointed in the post for two years
9 January 2025, 15:21 PM

AK Azad re-elected chairman of Shahjalal Islami Bank

AK Azad has been re-elected as chairman of Shahjalal Islami Bank PLC at the bank’s 389th board meeting on Wednesday..Azad, a prominent industrialist and businessman in the country, is the managing director of Ha-Meem Group and a former president of the Federation of Bangladesh Chambers of
9 January 2025, 15:05 PM

Nazmus Saadat becomes acting MD of Social Islami Bank

Md Nazmus Saadat has taken charge as acting managing director of Social Islami Bank PLC..Prior to his new role, Saadat was serving the bank as a deputy managing director, the bank said in a press release..In 2014, he joined Social Islami Bank PLC and assumed key roles, including lead
9 January 2025, 14:35 PM

Osman Faiz becomes new AMD of Eastern Bank

Eastern Bank PLC (EBL) has appointed Osman Ershad Faiz as its additional managing director..Prior to joining EBL, Faiz was the co-founder of Asia FiiT, an international banking and fintech consultancy headquartered in Singapore, said a press release..In his career spanning 30 years,
9 January 2025, 14:35 PM

Pubali Bank signs deal with DHL Express for green initiative

Pubali Bank PLC has signed a partnership agreement with DHL Express Bangladesh to launch the “GoGreen Plus”, a dedicated solution to help businesses reduce carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF)..Mohammad Ali, managing director a
9 January 2025, 14:21 PM