BRAC Bank’s branch network recently celebrated a record achievement of a net deposit growth of Tk 12,000 crore in 2024 amid the deposit crisis in the banking industry..The bank’s branch distribution network has acquired a remarkable capability of making monthly Tk 1,000 crore net deposit g

Uttara Bank PLC opened a new branch at Chakaria in Cox’s Bazar yesterday..This is the 248th branch of the bank, according to a press release..Mohammed Rabiul Hossain, managing director and CEO of the bank, inaugurated the new branch as the chief guest..Md Rezaul Karim, deputy m

Feroz Ahmed and Md Fazlur Rahman were recently elected as vice-chairmen of AB Bank PLC at the 802nd board meeting of the bank..Ahmed was serving the bank as a director, said a press release..He is chairman of Elite Paint Group and managing director of Elite International Limited, Hex

Exim Bank opened a new branch at Tongibari in Munshiganj yesterday..This is the 154th branch of the bank, said a press release..Mohammad Feroz Hossain, managing director and CEO of the bank, inaugurated the branch as chief guest. .Hossain discussed the details of the various de

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IFIC Bank PLC and Shakti Foundation have launched a campaign styled “Project Her Power” to raise awareness about women’s health..The bank signed a memorandum of understanding (MoU) with the foundation in this regard at IFIC Tower in the capital’s Purana Paltan yesterday, said a press relea

Eastern Bank PLC (EBL), in collaboration with payment network partner Mastercard, has relaunched its widely popular “Mastercard Aqua Prepaid Card” designed for customers with new look and additional features..Syed Mohammad Kamal, country manager for Bangladesh at Mastercard, and M Khorshed

Bank Asia PLC has recently organised a seminar on the “Identification of Women Entrepreneurs and Loan Disbursement” in the cottage, micro and small enterprises (CMSE) sector at Jhenaidah Shishu Academy..A total of 43 women entrepreneurs attended the event, where Tk 8.12 crore (81.20 millio

First Security Islami Bank PLC recently organised an “Annual Risk Conference 2024” with the participation of all its concerned officials..ANM Moinul Kabir, director of the Department of the Off-site Supervision (DOS) of the Bangladesh Bank, attended the conference as a chief guest, said a

Global Islami Bank PLC launched a “Deposit Campaign -2024” at its head office in the capital’s Gulshan on Tuesday to accelerate deposit mobilisation..While inaugurating the campaign, Sayed Habib Hasnat, managing director of the bank, requested all the officials of the bank to take part in

Bank Asia PLC has signed an agreement with Navana Limited, a dealer of Toyota vehicles in Bangladesh..Zishan Ahammad, head of cards, ADC and internet banking of the bank, and Md Ali Ehsan, head of Toyota after-sales service of Navana, penned the deal at Bank Asia card department office in

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.

NCC Bank recently organised an “Annual Risk Management Conference-2024” at its head office in the capital’s Gulshan as part of the bank’s commitment towards establishing a robust risk management culture and being more compliant with regulatory directives..The theme of this year’s conferen

Al-Arafah Islami Bank signed an agreement for its platinum credit cardholders with InterContinental Dhaka at the bank's head office in Dhaka on Monday..Mohammed Fazlur Rahman Chowdhury, deputy managing director of the bank, and Ashwani Nayara, area general manager for South-West Asia at IH

Trust Bank recently arranged an “Annual Risk Conference-2024” at its head office in the capital..Ahsan Zaman Chowdhury, managing director of the bank, inaugurated the conference, which was held on a digital platform, the lender said in a press release..The bank has a network of 118 b

The company will establish a battery plate manufacturing industry

Salaries will be increased a minimum of 10 percent and a maximum of 50 percent

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.

AB Bank launched an internet banking app named “AB Direct" and introduced four new products in the market..Using the new app, AB Bank’s customers can now enjoy banking services from anywhere and everywhere..Alongside that, four new products, AB Ilham, AB Amani, Kotipoti Deposit Schem

Citizens Bank recently organised an “Annual Risk Conference – 2024” at its head office in the capital’s Motijheel..Mohammad Masoom, managing director and chief executive officer of the bank, presided over the conference, the lender said in a press release..Divisional heads, branch ma