Banks
BB officials demonstrate seeking removal of two deputy governors
They sought removal of Nurun Nahar and Habibur Rahman
Al Arafah Islami Bank holds ‘School Banking Campaign’ in Cumilla
Al-Arafah Islami Bank recently organised a “School Banking Campaign” with the theme of “One School, One Branch, One Bank, All Banking Services” at Ibn Taymiyya School and College in Cumilla, aiming to instill the spirit of saving among students..Husne Ara Shikha, executive director of the
National Bank arranges ‘Strategic Review Meeting’
National Bank recently arranged a “Strategic Review Meeting” at its training institute in the capital, focusing on current and future action plans..Md Touhidul Alam Khan, managing director and CEO of the bank, attended the meeting as chief guest, according to a press release..Khan pr
Bank accounts of Shuchona Foundation frozen
Saima Wazed Putul, daughter of former prime minister Sheikh Hasina, is the founder of the foundation
NCC Bank organises training on financial literacy for entrepreneurs
NCC Bank PLC, in collaboration with the Department of Youth Development (DYD), recently organised a three-day training programme on “Financial Literacy & Technical Skill Development for Women Empowerment”..A total of 100 entrepreneurs participated in the training, conducted at the Gram Unn
Jalalabad Gas logs Tk 7,331cr revenue
Jalalabad Gas Transmission and Distribution System Ltd announced that they chalked up a total revenue of Tk 7,331.37 crore from the sales of 3917.819 million cubic metres (MMCM) of gas for the fiscal year 2023-24..The company deposited Tk 185.82 crore into the government exchequer in the f
Panel of advisers formed to solve Beximco Industrial Park’s labour unrest
Labour Adviser Brig Gen (retd) M Sakhawat Hussain will lead the six-member panel
BB’s leniency to blame for ailing banking sector
Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
Rupee slips to record low
However, the Indian currency avoids sharp losses on central bank's intervention
Eastern Bank launches savings scheme for children
Eastern Bank PLC (EBL) yesterday launched a new savings product, titled “EBL Little Star”, designed exclusively for children under five years of age..Ali Reza Iftekhar, managing director of the bank, inaugurated the new product proposition at the bank’s head office in the capital’s Gulshan
Islamic banking to be off limits to regular banks
A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.
Padma Bank to find ways to return Tk 874cr climate fund
Crisis-ridden Padma Bank will find a way to return around Tk 874 crore to the Bangladesh Climate Change Trust (BCCT) after a new board of directors is formed.
Prime Bank signs deal with Crown Cement
Prime Bank PLC recently signed an agreement with Crown Cement PLC, one of the leading cement manufacturing companies in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Mohammad Ahasan Ullah, group chief financial officer of the cement manufacturing company, pen
UCB opens two branches in Cumilla, Noakhali
United Commercial Bank (UCB) PLC recently opened two new branches at Mainamati in Cumilla and Basurhat in Noakhali with a view to providing top-notch banking services to residents of these areas..These are the 230th and 231st branches of the bank, the bank said in a press release..Mo
StanChart wins Visa Payments Excellence Awards 2024
Standard Chartered Bangladesh recently won three awards at Visa Payments Excellence Awards 2024 in three categories at the award-giving ceremony, styled “Visa Leadership Conclave Bangladesh 2024.”.During the awards ceremony, the bank received the most-anticipated award of the night in the
Exim Bank organises business development conference
Exim Bank organised a “Business Development Conference 2024” at the bank’s head office in the capital yesterday..Md Nazrul Islam Swapan, chairman of the bank, attended the conference as the chief guest, the bank said in a press release..In his speech, Swapan said all the employees of
NCC Bank elects chairman for two board committees
NCC Bank has elected Khairul Alam Chaklader and Meer Sajed-Ul-Basher as chairmen of the executive committee and audit committee of the board respectively..Chaklader is director and former vice-chairman of the bank, according to a press release. .He is also chairman of Maxwell Group,
