Banking

Banking

BRAC Bank appoints two new AMDs and DMDs

BRAC Bank has promoted four senior leadership team members to the post of additional managing directors (AMDs) and deputy managing directors (DMDs), effective from 1 April this year..Of them, Tareq Refat Ullah Khan, DMD and head of corporate and institutional banking, and Syed Abdul Momen,

18h ago

NRB Bank holds ‘Year-to-Date Business Conference’

NRB Bank PLC yesterday organised the “Year-to-Date Business Conference 2025 (Q1)” at the bank’s corporate head office in Gulshan, Dhaka, with the slogan ‘Not Just Banking, But Promise”..Iqbal Ahmed, founder chairman and present chairman of the bank, inaugurated the conference as the chief

18h ago

ONE Bank opens 113th branch in Chandpur

ONE Bank PLC has recently launched a new branch in Chandpur, marking the 113th branch of the bank, according to a press release..KH Rashed Akhtar Zaman, senior executive vice-president and head of branch distribution at the bank, inaugurated the branch as the chief guest..On this occ

18h ago

Dhaka Bank, JP Morgan partner to improve Bangladesh’s inward remittance

Dhaka Bank PLC has entered into a strategic partnership with JP Morgan Payments to enhance inward remittance services in Bangladesh, leveraging JP Morgan Payments’ Xpedite Select Receipt, a sophisticated cross-currency payment and receipt solution..Christine Tan, managing director and head

18h ago

Prime Bank, BFDS to work on hassle-free banking for freelancers

Prime Bank PLC has recently entered into a strategic partnership agreement with the Bangladesh Freelancer Development Society (BFDS) to empower the burgeoning freelancer community in Bangladesh..M Nazeem A Choudhury, deputy managing director of the bank, and Tanjiba Rahman, chairman of BFD

18h ago

Prime Bank logs 59% profit growth in Q1

Prime Bank PLC has reported a 59 percent year-on-year growth in net profit after tax (NPAT) for the first quarter (Q1) of the financial year 2025..According to a press release, the NPAT rose to Tk 209 crore, compared to Tk 132 crore during the corresponding period of the previous year..

2d ago

Romana Rouf Chowdhury re-elected as chairman of Bank Asia Securities

Romana Rouf Chowdhury has been re-elected as chairman of Bank Asia Securities Limited..The reappointment was confirmed during the company’s 14th annual general meeting (AGM), held on April 23, 2025, according to a press release..Chowdhury is also one of the directors of Bank Asia PLC

2d ago

Eastern Bank, CPA deal to launch digital banking services at Chattogram port

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Chittagong Port Authority (CPA) to inaugurate advanced digital banking services at Chattogram Port..Rear Admiral SM Moniruzzaman, chairman of CPA, and Ali Reza Iftekhar, managing director and chief executive off

2d ago

NCC Bank unveils Islamic banking window at Motijheel Main branch

The National Credit and Commerce Bank (NCC Bank) PLC recently launched a new banking service unit, styled “Islamic Banking Window”, at the Motijheel Main branch, aiming to broaden its portfolio of services in accordance with Islamic Shariah principles.

1m ago

BB warns against investing in multilevel marketing schemes

The central bank launches an investigation into alleged fraudulent activities

1m ago

Mercantile Bank opens Naria sub-branch in Shariatpur

Mercantile Bank PLC opened a Naria sub-branch under Bhajeshwar branch in Naria upazila of Shariatpur today, aiming to provide easy and tech-savvy banking services to customers.

1m ago

Southeast Bank strikes MoU with Unicorn Leather Goods Factory

Southeast Bank PLC recently signed a memorandum of understanding (MoU) with Unicorn Leather Goods Factory Limited to provide a set of banking solutions, including payroll banking services, corporate payment modules, and other financial services.

1m ago

Economy expanded in Feb, but at a slower pace: PMI

February marked the fifth consecutive month of expansion

1m ago

Apex Footwear’s Syed Manzur Elahi buys 50,000 shares of the company

After the purchase, his stake rises to 7.34% in the company

1m ago

Stocks fall amid worries over BSEC stalemate

Meanwhile, BSEC officials returned to work without withdrawing ‘break in service’ agenda

1m ago

Anwar Hussain made vice-chairman of SBAC Bank

Anwar Hussain, an industrialist and businessman of the country, has been elected as the vice-chairman of SBAC Bank PLC.

1m ago

Janata Bank organises divisional branch managers’ conference

Janata Bank PLC recently organised a “Divisional Branch Managers’ Conference-2025” at a local convention hall in Rajshahi.

1m ago

Meghna Bank opens agent banking outlet in Chattogram

Meghna Bank PLC recently launched an agent banking outlet at Abedin Colony on Love Lane in Chattogram.

1m ago