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.
Al-Arafah Islami Bank holds Ctg business conference
Al-Arafah Islami Bank PLC organised a “Business Development Conference-2024” for managers of its 42 Chattogram branches at a hotel in the port city recently..The event was presided over by Farman R Chowdhury, managing director and CEO, and moderated by Md Fazlur Rahman Chowdhury, deputy ma
Ahmed Ismet made BDB chairman
A new chairman has been appointed to Bangladesh Development Bank PLC..The appointee, Ahmed Ismet, was an adviser to the board of Wall Street Exchange, Dubai..He previously worked as managing director (current charge) and head of consumer banking concurrently in Eastern Bank PLC, the
Mirpur agri school avails MTB payroll services
Mutual Trust Bank (MTB) PLC has signed an agreement with the Mirpur Agricultural Workshop and Training School (MAWTS) recently to provide payroll banking services..Syed Mahbubur Rahman, managing director and CEO of the bank, and James Gomes, director of the MAWTS, penned the deal at the ba
Southeast Bank offers cash services to bKash
Southeast Bank PLC recently signed a memorandum of understanding (MoU) with bKash to provide 24/7 cash management services to the distributors, agents and merchants of bKash through linked Southeast Bank accounts..Nuruddin Md Sadeque Hossain, managing director of the bank, and Kamal Quadir
Agent banking sees rise in female participation
Women now account for 49.67 percent of the total deposits made through agent banks
Cyber intelligence detects illegal transactions on dual currency credit cards
Bangladesh Bank recommends 17 cyber security measures for banks
Islami Bank promotes 6 officials to DMD post
Islami Bank Bangladesh PLC has promoted six senior executive vice-presidents to the post of deputy managing director (DMD)..The promotees are Mahmudur Rahman, Md Rafiqul Islam, Muhammad Sayeed Ullah, KM Munirul Alam Al-Mamoon, M Kamaluddin Jasim and Md Maksudur Rahman, the bank said in a p
Eastern Bank strikes deal with Best Western Heritage
Eastern Bank PLC recently signed an agreement with Best Western Heritage, a luxury hotel in Cox’s Bazar..M Khorshed Anowar, deputy managing director and head of retail and SME banking of the bank, and Md Shamim Hasan, head of sales and marketing of the hotel, penned the deal at the bank’s
Social Islami Bank launches ‘Building a Stronger Tomorrow’ campaign
Social Islami Bank recently launched a campaign, styled “Building a Stronger Tomorrow”, at its head office in Dhaka and unveiled a new motto “Resilience, Recovery, and Rejuvenate.”.M Sadiqul Islam, chairman of the bank, inaugurated the campaign as chief guest, according to a press release.
Heidelberg Materials to avail BRAC Bank solutions
BRAC Bank and Heidelberg Materials Bangladesh signed a deal recently on tailored financial services covering collection, payment and reconciliation solutions. .Terence Ong Kian Hock, managing director of the multinational building materials company, and Tareq Refat Ullah Khan, deputy mana