Banking

Banking

BRAC Bank launches ‘SME Means BRAC Bank’ campaign

BRAC Bank PLC has unveiled a new brand positioning campaign, titled “SME Means BRAC Bank”, introducing the lowest-ever lending rate for unsecured loans to cottage, micro, small, and medium enterprise (CMSME) entrepreneurs..As part of the campaign, the bank has reduced its lending rate to a

9h ago

Bank Asia holds 49th meeting of Shariah supervisory committee

Bank Asia PLC has recently held the 49th meeting of its Shariah supervisory committee at Bank Asia Tower in the capital’s Karwan Bazar..Shahed Rahmani, chairman of the Shariah supervisory committee, presided over the meeting, according to a press release..During the meeting, the chai

9h ago

Prime Bank strikes deal with Neeshorgo Hotel & Resort

Prime Bank PLC has entered into a strategic partnership agreement with Neeshorgo Hotel & Resort, offering the bank’s cardholders discounts and enhanced payment convenience at one of the country’s leading hospitality destinations..Joarder Tanvir Faisal, executive vice-president and head of

9h ago

Dhaka Bank signs payroll banking deal with Purbani Group

Dhaka Bank PLC has recently signed a payroll banking agreement with Purbani Group, covering its concerns Karim Textiles Limited, Purbani Fabrics Limited, and Purbani Yarn Dyeing Limited..Sheikh Mohammad Maroof, managing director and CEO of Dhaka Bank PLC, and Shafiqul Islam Sarkar, managin

9h ago

Trust Bank posts Tk 106 crore profit in Q2

Its profit declined 2% year-on-year

12h ago

BB move toward flexible FX regime signals right policy shift: BRAC EPL

The move aims at better aligning the taka with market fundamentals, the brokerage house says

13h ago

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

1d 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

1d ago

IFIC Bank’s deposits surpass Tk 51,000 crore

IFIC Bank PLC has surpassed a total deposit volume of Tk 51,000 crore, according to a press release issued by the bank..Md Mehmood Husain, chairman of the bank, made the announcement during the bank’s “Half-Yearly Business Conference 2025”, held yesterday at IFIC Tower in the capital’s Pur

1w ago

BRAC Bank crosses $1 billion market value

Blue chip BRAC bank achieves $1 billion market value, leading banking sector.

1w ago

BB withdraws dress code for its employees

Bangladesh Bank yesterday withdrew its internal advisory on workplace attire following an instruction from Governor Ahsan H Mansur amid widespread criticism.

1w ago

BRAC Bank emitted 1,477,468 tonnes of carbon dioxide equivalent in 2024

The bank released Sustainability and Impact Report 2024 to disclose information about its carbon footprint

1w ago

National Bank posts Tk 763cr loss in Q2 

The bank’s inability to recover loans from defaulters and higher interest on deposits dented its bottom line

1w ago

75pc of money laundering is trade-based: BIBM study

The study was prepared using responses from officials of 37 banks

1w ago

Rupali Bank Q2 profit plunges 83%

The bank attributed the decline in profit to a fall in operating income

1w ago

Audits expose hidden bad loans at 6 Islamic banks

The reviews, initiated in January with backing from the ADB, expose deep-seated financial mismanagement at those banks

2w ago

Prime Bank wins 'Best Bank for ESG 2025' in Bangladesh by Euromoney

Prime Bank PLC has been recognised as the “Best Bank for ESG 2025” in Bangladesh at the Euromoney Awards for Excellence..The bank earned this accolade for the third consecutive year, highlighting its unwavering commitment to sustainability, ethical conduct, and sound governance practices,

2w ago

Eastern Bank wins Euromoney’s ‘Best Bank in Bangladesh’ award

Eastern Bank PLC (EBL) has been recognised as the “Best Bank in Bangladesh” at the Euromoney Awards for Excellence 2025..The bank received the accolade for the sixth time, according to a press release..Ali Reza Iftekhar, managing director of EBL, said, “This recognition from Euromone

2w ago