Chowdhury Mohammed Hanif Shoeb has been elected chairman of Citizens Bank PLC..The election was held at the bank’s head office in Dhaka recently during the 3rd annual general meeting (AGM), which was attended by most of the shareholders and directors, said a press release..Chowdhury

BRAC Bank recently signed an agreement with Kidney Foundation Sylhet (KFS) to set up an oxygen plant at the latter’s new premises, reinforcing its continued commitment to the healthcare sector..Meheriar M Hasan, chairperson of the bank, and Col (retd) Mohammad Abdus Salam, secretary genera

Commercial Bank of Ceylon PLC recently signed a memorandum of understanding (MoU) with Ramada By Wyndham Cox’s Bazar Kolatoli Beach, a five-star hotel nestled in the heart of marine drive, Cox’s Bazar, to offer discount facilities for the bank’s visa cardholders..Kasun Herath, deputy chief

Southeast Bank PLC and Instasure Limited, in collaboration with Mastercard, launched a co-branded Titanium credit card and a prepaid card..The new cards will come with multiple insurance and healthcare benefits, such as low premium plans, quick claim processing and settlement, and cost-eff

Dhaka Bank PLC has been recognised as the Asian Development Bank’s (ADB) leading partner bank in Bangladesh at the 10th Anniversary of the Trade and Supply Chain Finance Program (TSCFP) Awards 2024 organised by the Manila-based multilateral lender..Akhlaqur Rahman, deputy managing director

The Bangladesh Bank has received the “AFI Global Youth Financial Inclusion Award 2024” for its role in increasing financial inclusion among youths in the country..The Alliance for Financial Inclusion (AFI), an international coalition of policymakers and regulators working for financial inc

Premier Bank PLC recently signed an agreement with LORDS, an English medium school..Under this agreement, the school offers a 100 percent waiver on admission fees, security deposit, admin cost and special discounts on monthly tuition fees for the children of employees and customers of the

City Bank PLC is investigating how and why it spent about Tk 86 crore, or roughly one-third of its total market exposure, on purchasing shares of Sea Pearl Beach Resort and Spa Ltd in 2023, according to bank officials.

AB Bank recently donated a financial relief package worth Tk 2 crore for the flood-affected people in different districts of the country from its corporate social responsibility programme..The aid will be given to the Chief Adviser’s ‘Relief and Welfare Fund’ to support the people sufferin

Eastern Bank PLC recently signed a payroll banking agreement with Youth Group, an energy, power, textile and mineral sector conglomerate in Bangladesh. .M Khorshed Anowar, deputy managing director and head of retail and SME banking of the bank, and Arif Ainul Suman, group chief executive o

Prime Bank PLC has recently signed an agreement with boiler manufacturer and exporter Miura Bangladesh Company Limited. .Md Nazeem A Choudhury, deputy managing director of the bank, and Yuji Kido, managing director of the boiler manufacturer, penned the deal at the bank’s corporate office

Bangladesh Bank will provide an incentive on the use of official channels for remitting compensation for physical injuries or deaths of expatriate Bangladeshis from their employers or insurance agencies.The incentive will be 2.5 percent of the amount being remitted, Bangladesh Bank said in

The newly formed board of directors of Global Islami Bank held a meeting with managers of branches and in-charges of sub-branches of the bank at its head office in Dhaka yesterday..Mohammad Nurul Amin, chairman of the bank, presided over the meeting, the bank said in a press release..<p

Southeast Bank PLC organised its monthly business review meeting recently..The meeting focused on reviewing the bank’s recent business performance, with a strong emphasis on leveraging the latest technology to deliver innovative financial services and enhance customer satisfaction, said a

The Institute of Chartered Accountants of Bangladesh (ICAB) yesterday awarded 22 listed and non-listed firms across 13 different sectors for presenting the best annual reports, integrated reporting, and corporate governance disclosures.

bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to provide details of accounts of former state minister for foreign affairs Md Shahriar Alam, his wife and son.

Abdul Hai Sarker, chairman of Dhaka Bank PLC, has been elected as chairman of the ad-hoc committee of the Bangladesh Association of Banks (BAB).

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has recently signed a collaboration agreement with fashion brand Sailor to introduce a seamless cashless payment experience through HSBC’s newly launched digital collection solution ‘Omni Collect’.

The Bangladesh Bank is set to rescue problem banks including some Shariah-based banks controlled by S Alam Group by managing liquidity or merging a few.