Banking

Banking

Shahjalal Islami Bank holds half-yearly business conference

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director

10h ago

Midland Bank, TallyKhata join forces to support small businesses

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi

11h ago

City Bank posts 21% rise in profit in H1

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually

11h ago

Dhaka Bank declares 10% dividend

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha

11h ago

Bangladesh applauds 20% US tariff as ‘good news’ for apparel industry

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.

1d ago

BB to intervene in forex market

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.

2d ago

Private credit growth target lowered amid low appetite

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.

2d ago

Shabbirul Alam made BB executive director

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

2d ago

Prime Bank Investment wins Euromoney Awards

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

5d ago

NCC Bank unveils ATM booth at Shahbagh metro rail station

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

5d ago

NRB Bank opens relocated principal branch in Dhaka

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

5d ago

Trust Bank declares 15% dividend

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

5d ago

Meghna Bank MD resigns citing personal reasons

Kazi Ahsan Khalil will step down with effect from October 27

6d ago

Bengal Commercial Bank organises half-yearly business review meeting

Bengal Commercial Bank PLC has recently organised a “Half-Yearly Business Review Meeting 2025” at the bank’s head office in the capital’s Gulshan..Tarik Morshed, managing director and CEO of the bank, presided over the meeting, according to a press release issued by the bank..Morshed

6d ago

Chinese businesses keen to invest in Bangladesh: Ashik Chowdhury

Bangladesh delegation met over 100 potential investors during its visit to 2 Chinese cities last week

6d ago

NRBC Bank arranges town hall meeting in Rajshahi

NRBC Bank PLC has recently organised a “Town Hall Meeting 2025” at a hotel in Rajshahi..Md Ali Hossain Pradhania, chairman of the bank, attended the event as the chief guest, according to a press release..In his address, Pradhania emphasised that there is no alternative to good gover

6d ago

Prime Bank records 32% profit growth in H1 2025

Prime Bank PLC has reported a 32 percent year-on-year growth in net profit after tax (NPAT) for the first half of 2025, reaching Tk 410 crore, up from Tk 311 crore during the same period last year, according to a press release..The bank disclosed the figures in its unaudited half-yearly fi

6d ago

Citizens Bank holds training on marketing, business development

Citizens Bank PLC has organised a training programme on “Capacity Building for Marketing and Business Development” at the bank’s training academy in the capital recently..Alamgir Hossain, managing director of the bank, inaugurated the programme as the chief guest and delivered a valuable s

6d ago