Banking

Banking

Kimiwa Saddat appointed as acting MD of Community Bank

Kimiwa Saddat has been appointed as the managing director and CEO (current charge) of Community Bank Bangladesh PLC..Prior to taking on his new role, Saddat was serving at Meghna Bank PLC as a deputy managing director, the bank stated in a press release..Saddat joined Meghna Bank in

17h ago

AB Bank celebrates 43rd founding anniversary

AB Bank PLC has recently celebrated its 43rd founding anniversary..Shafiqul Alam and Md Eskandar Miah, independent directors of the bank, along with other high officials, inaugurated the programme at the bank’s head office in the capital, said a press release..All 104 branches and 57

18h ago

HSBC, BRAC Business School honour winners of Business Case Competition

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh, in collaboration with BRAC Business School, BRAC University, recently recognised the winners of the “Business Case Competition 2025”..Team Adamantine from the Bangladesh University of Professionals emerged as the cham

18h ago

DSE seeks clarification from Beacon Pharma on export halt

Beacon releases a disclosure on DSE website today

1d ago

NCC Bank signs supply chain finance deal with Pran-RFL Group

NCC Bank PLC has recently entered into a supply chain finance agreement with Pran-RFL Group, a business conglomerate in Bangladesh, aiming to bolster the financial ecosystem for the latter’s suppliers within the SME segment..M Shamsul Arefin, managing director of the bank, and Uzma Chowdhu

1d ago

Rubana Pervin promoted to DMD of Agrani Bank

Agrani Bank PLC has recently promoted Rubana Pervin to the post of deputy managing director (DMD)..Prior to this appointment, Pervin was serving the bank as a general manager of the public relations division, the bank stated in a press release..She commenced her professional banking

1d ago

Depositors gather at Padma Bank's head office to claim their money  

Padma Bank Managing Director Kazi Md Talha said the depositors were seeking to recover their funds

2d ago

Al-Arafah Islami Bank sends managing director on leave

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

3d ago

Prime Bank signs payroll banking deal with Oscar Bangla

Prime Bank PLC recently signed a payroll banking agreement with Oscar Bangla Company Limited to streamline salary disbursements and offer banking benefits to its employees..Md Nazeem A Choudhury, deputy managing director of the bank, and Sha Shi Jun, managing director of Oscar Bangla Compa

3w ago

Two-thirds of e-return filers don’t have taxable income: NBR chairman

Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event

3w ago

Eastern Bank signs bancassurance deal with Pioneer Insurance

Eastern Bank PLC (EBL) has entered into a bancassurance agreement with Pioneer Insurance Company Limited, facilitating EBL customers to access the insurer’s financial products directly through the bank..Ali Reza Iftekhar, managing director and CEO of the bank, and Syed Shahriyar Ahsan, chi

3w ago

Banks asked to assess borrowers' credit reports before disbursing agri loans  

However, SME linkage loans will be exempt from this requirement.

3w ago

Ahsan Khan Chowdhury elected chairman of Midland Bank

Ahsan Khan Chowdhury has been elected as the chairman of Midland Bank PLC..The election took place during the 165th meeting of the bank’s board of directors held recently, according to a press release..Chowdhury is one of the sponsor directors and a member of the executive committee

3w ago

City Bank appoints heads of wholesale, corporate banking

City Bank appointed Mesbaul Asif Siddiqui, deputy managing director, as the new head of wholesale banking..Prior to assuming this new responsibility, Asif was serving the bank as the chief risk officer, said a press release..He began his career at Eastern Bank as a management trainee

3w ago

NCC Bank observes ‘Financial Literacy Week’

National Credit and Commerce (NCC) Bank recently observed a “Financial Literacy Week 2025” with the theme “Think Before You Follow, Wise Money Tomorrow,” which focused on integrating unbanked and marginalised people into the financial system..The bank organised a discussion meeting at its

3w ago

Credit card’s domestic transactions fell in January

Credit card transactions in Bangladesh have shown distinct trends in both domestic and international spending..A recent Bangladesh Bank report highlights shifts in consumer behaviour, sectoral spending patterns, and transaction growth over the past year..In January 2025, domestic cre

3w ago

UCB signs deal with Visa to boost digital payment services

United Commercial Bank PLC (UCB) recently signed an agreement with the global digital payment service provider Visa..Under this agreement, UCB will receive $4.1 million (approximately Tk 50 crore) over the next five years, marking one of the largest payment scheme agreements in the bank’s

3w ago

EBL donates Tk 40 lakh to Bangladesh Eye Trust Hospital

Eastern Bank PLC (EBL) donated Tk 40 lakh to Bangladesh Eye Trust Hospital (BETH) to facilitate critical eye care services, including free cataract surgeries, for underprivileged people across the country as part of its corporate social responsibility fund..Ahmed Shaheen, additional managi

3w ago