Mutual Trust Bank signs deal with WeGro, Syngenta to scale up lending to farmers

Mutual Trust Bank (PLC) recently signed a tripartite agreement with agri-fintech startup WeGro and agrochemical company Syngenta to scale up lending to marginal farmers across the country..Under the deal, farmers will be able to access the bank’s agri credit through the WeGro app and procu
27 October 2024, 15:06 PM

Prime Bank inks payroll banking deal with Dutch-Bangla Pack

Prime Bank PLC recently signed a payroll banking agreement with industrial packaging solutions provider Dutch-Bangla Pack Limited. .Abdul Mumit, managing director of Dutch-Bangla Pack Limited, and Faisal Rahman, additional managing director of Prime Bank PLC, penned the deal at the latter’
27 October 2024, 15:06 PM

Premier Bank wants to remain people’s ‘bank of choice’

Premier Bank has established a brand that incorporates trust, innovation and exceptional customer service in its 25 years of operation, said Mohammad Abu Jafar, managing director and the chief executive officer of the private commercial lender.
26 October 2024, 18:00 PM

BRAC Bank, BBDN sign deal to empower persons with disabilities

BRAC Bank recently signed an agreement with the Bangladesh Business and Disability Network (BBDN) to create inclusive opportunities for persons with disabilities through “Aporajeyo Ami”, the bank’s flagship corporate social responsibility (CSR) initiative dedicated to health..Under the par
26 October 2024, 15:04 PM

BRAC Bank launches initiative for future female leaders

BRAC Bank recently launched a new initiative under the “Women Leadership Development Program” with a view to developing personal and professional growth opportunities for female co-workers..In light of this, the bank also set a target to be a top runner in women's empowerment and female le
26 October 2024, 14:49 PM

Tanveer Ahmed made vice-chairman of Meghna Bank

Businessman Tanveer Ahmed has been elected as the vice-chairman of Meghna Bank PLC..Ahmed possesses a 15-year business experience in the readymade garment (RMG) industry and construction sector and has led the Elegant Group from the frontline since 2007 in Bangladesh, according to a press
24 October 2024, 15:00 PM

Social Islami Bank launches account opening and tree plantation campaign

Social Islami Bank PLC organised a programme, styled “Account Opening Campaign and Tree Plantation” at the Habibullah Bahar University College in the capital’s Shantinagar yesterday..Under the initiative of the bank’s Kakrail branch, the five-day event will end on October 28, the bank said
24 October 2024, 14:55 PM

Commercial Bank of Ceylon opens relocated sub-branch in Chattogram

Commercial Bank of Ceylon PLC recently opened its relocated sub-branch of CEPZ offshore banking unit at the Commercial Complex of Chattogram Export Processing Zone (CEPZ), South Halishahar in Chattogram..Najith Meewanage, chief executive officer of the bank, inaugurated the branch, the ban
24 October 2024, 14:43 PM

Al-Arafah Islami Bank signs payroll banking deal with Ibn Sina

Ibn Sina Diagnostic and Consultation Center, Uttara recently signed an agreement with Al-Arafah Islami Bank PLC to avail the bank’s payroll privilege services..Md Fazlur Rahman Chowdhury, deputy managing director of the bank, and Golam Mortuza Mashud, general manager (accounts and finance)
24 October 2024, 14:36 PM

Kamal Hossain Sarker promoted to Trust Bank DMD

Trust Bank PLC has promoted its senior executive vice-president Md Kamal Hossain Sarker to the post of deputy managing director (DMD) with effect from October 1..Prior to his new assignment, Kamal Hossain Sarker was also serving as the bank’s head of CRM division, according to a press rele
23 October 2024, 15:17 PM

Mohammad Ali becomes new Rakub chairman

Mohammad Ali joined Rajshahi Krishi Unnayan Bank (Rakub) as the chairman on Tuesday..Ali was a renowned professor of economics at Rajshahi University, the bank said in a press release..He started his professional career as a lecturer at Chittagong University in 1982..During his
23 October 2024, 15:16 PM

MTB organises a press meet to mark its 25th founding anniversary

Mutual Trust Bank (MTB) PLC organised a press meet, titled “A Quarter Century of Trust & Progress”, to mark its 25th founding anniversary at the Samson H Chowdhury Auditorium of MTB Tower in the capital’s Bangla Motor..Syed Mahbubur Rahman, managing director and CEO of the bank, attended t
23 October 2024, 14:55 PM

AB Bank cardholders to enjoy discounts at Heritage Resort

AB Bank PLC recently signed a memorandum of understanding (MoU) with Heritage Resort Limited, located at Nawapara in Narsingdi’s Madhabdi..Tarique Afzal, managing director and CEO of the bank, and Menhazur Rahman Bhuiyan, managing director of the resort, penned the MoU at the latter’s offi
22 October 2024, 16:17 PM

Pubali Bank holds orientation for new officers

Pubali Bank PLC recently held an orientation programme for newly recruited deputy junior officers. .A total of 218 officers took part in the five-day programme, which aimed to familiarise participants with the bank’s concepts, principles, rules, regulations, laws and practices..Moham
22 October 2024, 15:29 PM

RSB Industrial signs payroll banking deal with Eastern Bank

RSB Industrial Limited, a Chattogram-based industrial entity in the clothing, fashion, textile and fabrics sectors, recently signed a payroll banking agreement with Eastern Bank PLC..M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Anj
22 October 2024, 15:00 PM

Midland Bank strikes MoU with Sea Pearl Beach Resort & Spa

Midland Bank PLC yesterday signed a memorandum of understanding (MoU) with Sea Pearl Beach Resort & Spa, located on Inani Beach in Cox’s Bazar..Md Abdul Awal, group director of sales and marketing at the resort, and Md Rashed Akter, head of retail distribution division and chief bancassura
22 October 2024, 14:58 PM

Bank accounts of Sikder family members frozen

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days
22 October 2024, 12:59 PM

Six state-run commercial banks get new MDs

The government has appointed managing directors for six state-owned commercial banks after keeping the posts vacant for more than a month.
21 October 2024, 18:11 PM

Zahid Hossain made Krishi Bank chairman

Mohammad Zahid Hossain joined Bangladesh Krishi Bank as its chairman on Sunday..Hossain previously performed his responsibilities as a principal economist for the South Asia Department at the Asian Development Bank (ADB), said a press release..He worked at the Manila-based multilater
21 October 2024, 15:49 PM

Bengal Commercial Bank opens branch in Narayanganj

Bengal Commercial Bank PLC recently opened a new branch in Narayanganj. This is the 30th branch of the bank, according to a press release..Md Jashim Uddin, chairman of the bank, inaugurated the branch..Ghulam Mohammed Alomgir, vice-chairman of the bank, and Mohammad Hatem, president
21 October 2024, 15:35 PM