Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.
Education and Planning Adviser Wahiduddin Mahmud said the recommendations of the taskforce committee have been handed over to the chief adviser, and all advisers were asked to choose at least one recommendation that can be implemented during their tenure.
Mutual Trust Bank (MTB) has announced its plan to acquire 15 floors of a newly constructed 21-storey commercial building in Gulshan-1 to establish its corporate head office.
Padma Bank, formerly Farmers Bank, has sunk into such a financial abyss that the lender is struggling to pay its employees’ monthly salaries and has sought a Tk 5,000 crore bailout package from Bangladesh Bank to stay afloat.
Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
Pubali Bank PLC opened its relocated Narayanganj regional office, along with the Narayanganj branch, Islamic banking window, and the Narayanganj digital booth of Pubali Bank Securities Limited, with a commitment to providing modern banking services.
Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority
Transactions through the accounts will remain suspended for 30 days in the first instance
Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
Islami Bank Bangladesh yesterday terminated its contracts with eight top officials amid unrest in the largest Shariah-based bank in the country following the political changeover.
The accounts of their family members will also be frozen
Hafiz Md Hasan Babu sent his resignation letter to DSE and BSEC through email
The banks are: Islami Bank Bangladesh, First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and Bangladesh Commerce Bank
The Bangladesh Jewellers Association (Bajus) raised gold price with effect from today
The interim government is going to form a banking commission soon to bring about reforms -- a longstanding demand of economists aimed at salvaging the financial sector which has been suffering from high default loans and weak governance
Harun or Rashid has recently been transferred from the detective branch to the crime and operations department
Sheikh Md Jaminur Rahman and his associates used political ties to establish dominance in the bank
