Prime Bank signs deal with Crown Cement

Prime Bank PLC recently signed an agreement with Crown Cement PLC, one of the leading cement manufacturing companies in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Mohammad Ahasan Ullah, group chief financial officer of the cement manufacturing company, pen
9 November 2024, 14:30 PM

UCB opens two branches in Cumilla, Noakhali

United Commercial Bank (UCB) PLC recently opened two new branches at Mainamati in Cumilla and Basurhat in Noakhali with a view to providing top-notch banking services to residents of these areas..These are the 230th and 231st branches of the bank, the bank said in a press release..Mo
9 November 2024, 14:29 PM

StanChart wins Visa Payments Excellence Awards 2024

Standard Chartered Bangladesh recently won three awards at Visa Payments Excellence Awards 2024 in three categories at the award-giving ceremony, styled “Visa Leadership Conclave Bangladesh 2024.”.During the awards ceremony, the bank received the most-anticipated award of the night in the
9 November 2024, 14:28 PM

Exim Bank organises business development conference

Exim Bank organised a “Business Development Conference 2024” at the bank’s head office in the capital yesterday..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 said all the employees of
9 November 2024, 14:25 PM

NCC Bank elects chairman for two board committees

NCC Bank has elected Khairul Alam Chaklader and Meer Sajed-Ul-Basher as chairmen of the executive committee and audit committee of the board respectively..Chaklader is director and former vice-chairman of the bank, according to a press release. .He is also chairman of Maxwell Group,
7 November 2024, 15:56 PM

Forex reserves cross $20b after 2 months

Reserves were $19.87 billion a week ago
7 November 2024, 15:26 PM

AB Bank opens renovated collection booth at NICVD

AB Bank opened a renovated collection booth at the National Institute of Cardiovascular Diseases (NICVD) with full-fledged modern banking services..Tarique Afzal, managing director and CEO of the bank, and Prof Abdul Wadud Chowdhury, director of the NICVD, inaugurated the booth recently, a
7 November 2024, 15:18 PM

Bank Asia strikes deal with Rancon Motors

Bank Asia PLC recently signed an agreement with Rancon Motors Limited, the general distributor of Mercedes-Benz vehicles, in Bangladesh..ANM Mahfuz, additional managing director of the bank, and Imran Zaman Khan, divisional director of the automobile company, penned the deal at Rangs Babyl
7 November 2024, 15:16 PM

Prime Bank signs payroll agreement with BS Group

Prime Bank recently signed a payroll agreement with BS Group, a leading shipping liner operator in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Samsad Sultana Mimi, director of the shipping liner operator, penned the deal at the bank’s corporate office in th
7 November 2024, 15:16 PM

Plan on cards to introduce $1 billion orange bonds in Bangladesh

Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action
7 November 2024, 14:30 PM

Four IDRA members resign

All of them were appointed to three-year terms at different times
7 November 2024, 12:46 PM

Banks get higher target for lending to green, sustainable ventures

Bangladesh Bank has revised the lending target for green and sustainable ventures as banks in the country recently achieved the previous benchmark in this regard..As such, banks will have to disburse more loans for green and sustainable initiatives from next year as Bangladesh aims to redu
6 November 2024, 18:00 PM

BRAC Bank signs cash management digitisation deal with Quality Feeds

BRAC Bank PLC recently signed a strategic partnership agreement with Quality Feeds Limited, an animal feed manufacturer in Bangladesh, to digitise their cash management process..M Basir Rahman, director for finance and risk management at the feed manufacturing company, and Tareq Refat Ulla
6 November 2024, 15:32 PM

Prime Bank cardholders to enjoy discounts on Chaldal.com

Prime Bank PLC recently signed a partnership agreement with Chaldal.com, an online grocery platform in Bangladesh, at the bank’s corporate office in the capital..Md Nazeem A Choudhury, deputy managing director of the bank, and Waseem Alim, chief executive officer of the online grocery plat
6 November 2024, 15:32 PM

Islami Bank opens new branch at Patharghata in Barguna

Islami Bank Bangladesh PLC opened a new branch at Patharghata upazila of Barguna yesterday..This is the 396th branch of the bank, said a press release..Md Altaf Hossain, additional managing director of the bank, inaugurated the branch as the chief guest..In his speech, Altaf Ho
6 November 2024, 15:32 PM

Southeast Bank organises ‘BAMLCO Conference-2024’

Southeast Bank PLC recently organised the “BAMLCO Conference-2024” at the bank’s head office in the capital..A total of 350 participants, including heads of branches, branch anti-money laundering compliance officers (BAMLCOs), in-charges of sub-branches and offshore banking units (OBUs) to
6 November 2024, 15:31 PM

Don’t withdraw money from banks unless necessary: BB spokesperson

Deposited money is safe in banks, Husnay Ara Shikha says
6 November 2024, 14:45 PM

Star journo Ahsan Habib, 18 others awarded

Habib won the first prize in the private sector category for series reports on "War hit private sector harder than pandemic"
6 November 2024, 11:58 AM

Pubali Bank Dhaka Stadium branch opens ‘Islamic Corner’

Pubali Bank PLC launched an “Islamic Corner” at its Dhaka Stadium Corporate Branch as part of its nationwide service to cater to the growing demand for Shariah-compliant banking services..The bank’s customers can easily access all Islamic banking services through these dedicated corners, w
5 November 2024, 14:36 PM

Southeast Bank launches prepaid card with Mastercard and Zantrik for car maintenance

Southeast Bank PLC, in collaboration with Mastercard and Zantrik Limited, a vehicle maintenance startup, recently launched a prepaid card for the growing number of car owners in the country..The new card will offer a wide range of benefits to cardholders, allowing them to control their fue
5 November 2024, 14:34 PM