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.
AB Bank opens renovated collection booth at NICVD
AB Bank opened a renovated collection booth at the National Institute of Cardiovascular Diseases (NICVD) with full-fledged modern banking services..Tarique Afzal, managing director and CEO of the bank, and Prof Abdul Wadud Chowdhury, director of the NICVD, inaugurated the booth recently, a
Bank Asia strikes deal with Rancon Motors
Bank Asia PLC recently signed an agreement with Rancon Motors Limited, the general distributor of Mercedes-Benz vehicles, in Bangladesh..ANM Mahfuz, additional managing director of the bank, and Imran Zaman Khan, divisional director of the automobile company, penned the deal at Rangs Babyl
Prime Bank signs payroll agreement with BS Group
Prime Bank recently signed a payroll agreement with BS Group, a leading shipping liner operator in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Samsad Sultana Mimi, director of the shipping liner operator, penned the deal at the bank’s corporate office in th
Plan on cards to introduce $1 billion orange bonds in Bangladesh
Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action
Banks get higher target for lending to green, sustainable ventures
Bangladesh Bank has revised the lending target for green and sustainable ventures as banks in the country recently achieved the previous benchmark in this regard..As such, banks will have to disburse more loans for green and sustainable initiatives from next year as Bangladesh aims to redu
BRAC Bank signs cash management digitisation deal with Quality Feeds
BRAC Bank PLC recently signed a strategic partnership agreement with Quality Feeds Limited, an animal feed manufacturer in Bangladesh, to digitise their cash management process..M Basir Rahman, director for finance and risk management at the feed manufacturing company, and Tareq Refat Ulla
Prime Bank cardholders to enjoy discounts on Chaldal.com
Prime Bank PLC recently signed a partnership agreement with Chaldal.com, an online grocery platform in Bangladesh, at the bank’s corporate office in the capital..Md Nazeem A Choudhury, deputy managing director of the bank, and Waseem Alim, chief executive officer of the online grocery plat
Islami Bank opens new branch at Patharghata in Barguna
Islami Bank Bangladesh PLC opened a new branch at Patharghata upazila of Barguna yesterday..This is the 396th branch of the bank, said a press release..Md Altaf Hossain, additional managing director of the bank, inaugurated the branch as the chief guest..In his speech, Altaf Ho
Southeast Bank organises ‘BAMLCO Conference-2024’
Southeast Bank PLC recently organised the “BAMLCO Conference-2024” at the bank’s head office in the capital..A total of 350 participants, including heads of branches, branch anti-money laundering compliance officers (BAMLCOs), in-charges of sub-branches and offshore banking units (OBUs) to