Banking
POLICY RATE HIKE, FLEXIBLE EXCHANGE RATE / Exporters to win, consumers to bear the brunt
The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
Dhaka Bank, VISA launch debit card for WeGro's farmers
Dhaka Bank and VISA launched a co-branded debit card for WeGro Technologies’ farmers, for whom the Swiss Agency for Development and Cooperation (SDC) has been working for a long time.
Khalilur Rahman becomes the new chairman of National Bank
The Bangladesh Bank has recently appointed Khalilur Rahman as the chairman of National Bank.
IFIC Bank joins hands with Diabetic Association
IFIC Bank recently signed a memorandum of understanding (MoU) with the Diabetic Association of Bangladesh (DAB) to address the challenges posed by chronic disease in Bangladesh.
EBL Connect wins Digital CX Award
EBL Connect, an online banking platform of Eastern Bank, recently won the “Outstanding Digital CX – Cash Management Platform 2024” award from The Digital Banker at the Digital CX Awards 2024 in Singapore.
Exim Bank signs deal to sell Popular Life’s insurance products
Exim Bank has signed an agreement with Popular Life Insurance to start selling the latter’s life insurance policies through bancassurance.
Jamuna Bank opens Chandina branch in Cumilla
Jamuna Bank opened a Chandina Branch in Cumilla, affirming its commitment to delivering efficient and modern banking services to the community.
IFIC Bank, Swisscontact strike MoU to uplift entrepreneurs in char areas
IFIC Bank has signed a memorandum of understanding (MoU) with Swisscontact, an independent non-profit development organisation, in a bid to uplift entrepreneurs from char areas in the northern districts of Bangladesh.
‘Policy rate hike, flexible exchange rate will be helpful for economy’
PRI Executive Director Ahsan H Mansur says
Prioritise sustainable revenue generation, IMF tells Dhaka
IMF mission concluded its 15-day visit to Bangladesh today
IFIC Bank’s Q1 profit tumbles 35%
IFIC Bank PLC reported a 35 percent year-on-year fall in profit for the first quarter of 2024
BB abandons SMART to make bank interest rate fully market-based
The Bangladesh Bank today scrapped the SMART formula in order to make interest rates in the banking system fully market-based
Bangladesh Bank launches crawling peg, sets Tk 117 per USD as mid-point
Bangladesh Bank today introduced the crawling peg exchange rate system and allowed banks to buy and sell US dollars freely at around Tk 117.
Bangladesh Bank hikes policy rate by 50 basis points to 8.5%
Bangladesh Bank today raised the policy rate by 50 basis points to 8.5 percent to bring down the runaway inflation
Shahjalal Islami Bank's first-quarter profit up 28%
Shahjalal Islami Bank (SIBL) reported a 28 percent year-on-year increase in profit in the January-March quarter
Shahjalal Islami Bank strikes MoU with ICD
Shahjalal Islami Bank recently signed a memorandum of understanding (MoU) with the Islamic Corporation for the Development of the Private Sector (ICD), a member institution of the Islamic Development Bank (IsDB) Group.
Eastern Bank, Lavender sign deal on payroll banking
Eastern Bank recently signed an agreement with Lavender Convenience Store on payroll banking.
Tk 34,000 crore investment proposals came in Jan-Mar: Bida
302 industries will make the investments
