Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.
Bangladesh Bank (BB) will intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.
Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.
Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin
Prime Bank PLC recently organised an awareness programme titled “SME Cluster Financing Awareness Programme” for the small garments cluster in Saidpur, Nilphamari, aiming to promote inclusive and accessible financial services for the region’s thriving SME garment sector..Nawshad Mustafa, di
United Commercial Bank PLC (UCB) recently organised a month-long skills training initiative, titled the “Entrepreneurship Development Programme”, in Bogura, aimed at empowering aspiring and existing entrepreneurs who currently remain outside the formal banking and financial ecosystem..The
Southeast Bank PLC has recently unveiled 11 new agent banking outlets, reaffirming its commitment to promoting financial inclusion and extending banking services to every corner of the country, particularly in rural and semi-urban areas across eight districts of Bangladesh..The districts c
The central bank should adopt a more supportive stance, the chamber says
BRAC Bank PLC has promoted M Masud Rana to the post of additional managing director (AMD), effective from August 1 this year..Prior to this promotion, Rana had been serving as deputy managing director and chief financial officer (CFO) concurrently, according to a press release..He jo
Shahjalal Islami Bank PLC yesterday launched a mobile app, “ShahjalalTouchPay”, aimed at providing fast, secure, and convenient banking services to customers..AK Azad, chairman of the bank, inaugurated the app as the chief guest at the bank’s corporate head office in Dhaka, according to a
AB Bank PLC has recently organised a month-long training initiative, titled “Entrepreneur Development Programme”, under the SICIP project of the SME and Special Programmes Department of the Bangladesh Bank in Cox’s Bazar..A total of 25 trained entrepreneurs were awarded certificates upon c
The decision follows a review of its retail operations in the country, aligning with the global HSBC Group portfolio
City Bank PLC has recently launched a new online platform, titled “City Impex”, to provide seamless trade services..Clients can carry out all types of trade transactions through City Impex from anywhere in the world and at any time, according to a press release issued by the bank..Ho
City Bank PLC reported higher profits in the second quarter of 2025, driven by strategic investments in government securities that boosted its income.
Prime Bank Investment (PBIL), the investment-banking arm and wholly owned subsidiary of Prime Bank PLC, has been recognised as the “Best Bank for Securities Services” and the “Best Investment Bank for Mergers & Acquisitions in Bangladesh” at the Euromoney Awards for Excellence 2025..These
NCC Bank PLC unveiled an ATM booth at the Shahbagh metro rail station in the capital yesterday..Faruque Ahmed, managing director of Dhaka Mass Transit Company Limited (DMTCL), inaugurated the booth, according to a press release..Welcoming the initiative, Ahmed commended NCC Bank for
NRB Bank PLC has recently opened a relocated principal branch at bti Landmark on Gulshan Avenue in Dhaka..Iqbal Ahmed, chairman of the bank, inaugurated the branch as the chief guest, according to a press release issued by the bank..Md Quamrul Islam Chowdhury, chairman of the bank’s
Trust Bank PLC has announced a 15 percent dividend, including a 7.50 percent cash dividend, for the financial year that ended on December 31, 2024..The announcement was made at the bank’s 26th annual general meeting (AGM), which was held virtually yesterday, according to a press release is
