Banking

Banking

Al-Arafah Islami Bank sends managing director on leave

The bank's board took the decision to ensure a fair investigation on alleged irregularities

4h ago

Premier Bank gets new DMD

Premier Bank PLC has recently appointed Amalendu Roy to the post of deputy managing director (DMD)..Prior to taking up his new assignment, Roy was serving at United Commercial Bank PLC as a DMD and head of corporate branch and head of internal control and compliance division, concurrently.

5h ago

Rezaul Karim made Sonali Bank DMD

Sonali Bank PLC has recently promoted Md Rezaul Karim to the post of deputy managing director (DMD)..Prior to his promotion, Karim was serving the bank as a general manager, according to a press release..He began his banking career at Sonali Bank as a senior officer in 1994..Ov

6h ago

BRAC Bank signs employee banking deal with Zara Zaman Technology

BRAC Bank has signed an employee banking agreement with Zara Zaman Technology Ltd, a software development company and the largest supplier of GRG-branded ATMs and Android POS terminals in Bangladesh..Mahiul Islam, deputy managing director and head of retail banking at the bank, and Mridha

6h ago

Nurul Huda promoted to DMD of Agrani Bank

State-owned Agrani Bank PLC has recently promoted Md Nurul Huda to the post of deputy managing director (DMD)..Prior to assuming this new role, Huda was serving the bank as a general manager, the bank said in a press release..He began his professional banking career at Agrani Bank as

7h ago

SBAC Bank celebrates 12th anniversary

SBAC Bank PLC celebrated its 12th founding anniversary on Thursday..Md Moklesur Rahman, chairman of the bank, inaugurated the celebration at the bank’s head office in the capital’s Motijheel, said a press release..Habibur Rahman, managing director and CEO of the bank, presided over t

1d ago

Southeast Bank donates Tk 50 lakh to Khulna University

Southeast Bank PLC has provided financial support worth Tk 50 lakh to Khulna University under its special corporate social responsibility (CSR) fund for conducting research activities. .Nuruddin Md Sadeque Hossain, managing director of the bank, handed over the cheque to Prof Md Noor Un Na

1d ago

ICB Islamic Bank’s board dissolved

The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.

3d ago

Midland Bank signs MoU with Space Tech Holdings, XSpeed Autos

Midland Bank PLC recently signed a memorandum of understanding (MoU) on digital cash management solutions with Space Tech Holdings Limited (Spacetech), a Singapore and Bangladesh joint venture company, and XSpeed Autos Limited (XSpeed), an automobile enterprise based in Bangladesh..Mohamma

4d ago

Islamic banks may be merged to create two large banks: BB governor

Bangladesh’s Islamic banking sector would be completely restructured, he said.

4d ago

SBAC Bank gets new AMD

SBAC Bank PLC has appointed Md Rabiul Islam to the post of additional managing director (AMD)..A banker with 36 years of experience, Islam was working at NRBC Bank as a deputy managing director (DMD) and acting managing director concurrently, before assuming this new assignment at SBAC Ban

5d ago

Nurullah Chaudhury joins Bank Asia as AMD

Nurullah Chaudhury has joined Bank Asia PLC as an additional managing director (AMD) and chief wholesale banking officer on Monday..Prior to joining Bank Asia, Chaudhury was serving at City Bank PLC as a deputy managing director and head of corporate banking, concurrently, said a press rel

5d ago

Pubali Bank donates bus to Islamic University of Technology

Pubali Bank PLC has donated a bus to the Islamic University of Technology (IUT) as part of its corporate social responsibility..Mohammad Ali, managing director and CEO of the bank, handed over the dummy key to Prof Mohammad Rafiqul Islam, vice-chancellor of the university, on its campus pr

5d ago

Islami Bank MD sent on forced leave

Md Omar Faruk Khan made acting managing director

1w ago

BRAC Bank signs strategic partnership deal with PHP Group

BRAC Bank has entered into a strategic partnership agreement with PHP Group, a Chattogram-based corporate business conglomerate, to provide banking solutions that will support the group’s business growth in Bangladesh..Md Ali Hossain, director of PHP Group, and Tareq Refat Ullah Khan, depu

1w ago

Workers’ arrears: Labour adviser warns Premier Bank of stern action

Labour and Employment Adviser M Sakhawat Hussain yesterday warned Premier Bank of stern actions if it did not disburse the Bangladesh Bank’s cash incentive fund for payment of garment workers’ salaries ahead of Eid.

2w ago

Community Bank holds 62nd board meeting

Community Bank Bangladesh PLC organised the 62nd board meeting at the police headquarters in the capital’s Gulistan on Monday..Inspector General of Police (IGP) Baharul Alam, chairman of the bank, presided over the meeting, the bank said in a press release..During the meeting, severa

2w ago

EBL donates Tk 61 lakh for underprivileged children's healthcare

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Shishu Sasthya Foundation, Bangladesh (SSF, B), to support its initiative in strengthening services for paediatric inpatients from underprivileged and marginalised families..Ahmed Shaheen, additional managing di

2w ago