Banks
Address policy challenges for more UK trade: HSBC study
Bangladesh faces challenges related to regulatory and policy environments, including complex tariffs, intellectual property protection and inadequate logistics infrastructure, which are bottlenecks to diversifying exports to the UK, according to an HSBC study..Addressing these issues throu
Pubali Bank holds capacity development programme on sustainable finance
Pubali Bank PLC organised a capacity development programme on “Sustainable Finance & Green Finance” at the bank’s head office in the capital yesterday..Mohammad Ali, managing director and CEO of the bank, presided over the daylong programme as the chief guest, the commercial lender said in
Southeast Bank signs deal with Tiny Tots and Summerfield International School
Southeast Bank PLC recently signed a memorandum of understanding (MoU) with Tiny Tots and Summerfield International School to provide the latter with tuition fee collection, payroll banking, school banking and other services..Nuruddin Md Sadeque Hossain, managing director of the bank, and
Dhaka Bank signs MoU with Dhaka South City Corporation
Dhaka Bank PLC recently signed a memorandum of understanding (MoU) with Dhaka South City Corporation (DSCC) for collecting holding tax and trade licence fees..Sheikh Mohammad Maroof, managing director and CEO of the bank, and Md Mizanur Rahman, chief executive officer of DSCC, penned the d
Mansur attending central bank conference in India
Bangladesh Bank (BB) Governor Ahsan H Mansur went on a visit to India yesterday to attend a high-level policy conference of central banks from the Global South..Two other members of the central bank are accompanying Mansur during the visit. They are Deputy Governor Md Habibur Rahman and Ex
Jashim Uddin becomes Bangladesh Development Bank MD
Md Jashim Uddin was appointed as managing director and CEO of Bangladesh Development Bank PLC yesterday..Prior to joining his new assignment, Jashim Uddin had been working at Janata Bank PLC as deputy managing director, the bank said in a press release..He started his professional ba
BRAC Bank's branch network achieves Tk 10,000cr deposit growth in Jan-Oct
BRAC Bank’s branch network has achieved a milestone by making a net deposit growth of Tk 10,000 crore within the first ten months of 2024, spanning January to October..Despite a challenging economic environment, the bank obtained this impressive growth driven by the lender’s strong market
Prime Bank signs deal with Concord Architects & Interior Decor
Prime Bank PLC recently signed an agreement with Concord Architects & Interior Decor Limited, an interior design firm in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Anup Kumar Sarkar, chief marketing officer of Concord Group, penned the deal at the bank’s c
BRAC Bank wins four awards at Visa Leadership Bangladesh Conclave 2024
BRAC Bank recently won four awards at the Visa Leadership Bangladesh Conclave 2024 in recognition of its outstanding business..The bank secured the awards in “Excellence in Consumer Debit Card”, “Commercial Debit Card”, “Merchant Acquiring POS”, and “Value-Added Services” categories, the b
Premier Bank Chairman HBM Iqbal, family members face bank account freeze
The accounts will remain frozen for 30 days in the first phase
Prime Bank signs payroll agreement with Jalalabad Metal
Prime Bank PLC recently signed a payroll agreement with Jalalabad Metal Ltd, a flat steel manufacturing company in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Mohammad Delwar Hossain, chairman of the steel manufacturer, penned the deal at the bank’s corpora
Eastern Bank opens sub-branch in Uttara
Eastern Bank PLC (EBL) opened a sub-branch as a part of the bank’s programme to expand financial services across the country. .M Khorshed Anowar, deputy managing director and head of retail and SME banking of the bank, inaugurated the sub-branch on Lake Drive Road at Sector 7 of Uttara in
BRAC Bank COO wins ‘SDG Pioneer Award 2024’
Md Sabbir Hossain, deputy managing director and chief operating officer of BRAC Bank, has been awarded the “Sustainable Development Goals (SDGs) Pioneer Award 2024” by the Global Compact Network Bangladesh (GCNB), the secretariat of the UN Global Compact, the world’s largest voluntary corporate
Freeze accounts of NRBC Bank chairman
Banks have been asked to freeze all personal and private company accounts of three top former and current officials of NRBC Bank
Jewellers cut gold prices by Tk 1,679 a bhori
Each bhori of 22-carat gold will be Tk 134,509 from tomorrow
Social Islami Bank gets new shariah supervisory committee chairman
Mufti Mahfuzul Haque has been elected as the chairman of Social Islami Bank’s Shariah Supervisory Committee..Haque is a renowned Islamic scholar, the bank said in a press release..He is secretary general of Befaqul Madarisil Arabia Bangladesh and principal of Jamia Rahmania Arabia in
Southeast Bank provides Tk 20 lakh to Chattogram Veterinary and Animal Sciences University
Southeast Bank PLC has provided a financial support of Tk 20 lakh to the Chattogram Veterinary and Animal Sciences University to facilitate the university’s research activities under the bank’s special corporate social responsibility (CSR) fund..Nuruddin Md Sadeque Hossain, managing direct
Up to Tk 50 fee imposed on online tax payments
The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000