Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.
Sonali Bank PLC has announced a 100-day special programme from 5 February to 15 May this year in order to create major breakthroughs in all business indicators and achieve targets for 2025..Md Shawkat Ali Khan, managing director and CEO of the bank, inaugurated the special programme at the
Bank Asia PLC has introduced the “Hajj Deposit Scheme” to help individuals with low or limited income save for one of the five pillars of Islam – Hajj..Recognising the financial challenges many face in accumulating the necessary funds for this significant spiritual journey, the bank offers
Prime Bank PLC recently signed a partnership agreement with Edison Real Estate Limited to provide benefits to its customers..Md Nazeem A Choudhury, deputy managing director of the bank, and Md Aminur Rashid, chairman and CEO of the real estate company, signed the deal at the realtor’s offi
Mercantile Bank PLC recently held a “Town Hall Meeting” at the Chittagong Club in the port city..Mati Ul Hasan, managing director of the bank, attended the meeting as the chief guest, according to a press release..Hasan delivered a speech highlighting non-performing loans, future pla
Education and Planning Adviser Wahiduddin Mahmud said the recommendations of the taskforce committee have been handed over to the chief adviser, and all advisers were asked to choose at least one recommendation that can be implemented during their tenure.
BRAC Bank signed a partnership agreement with Bangladesh Parjatan Corporation (BPC) to introduce seamless payment solutions for local and international tourists..Khairuddin Ahmed, head of merchant acquiring, retail banking of BRAC Bank, and Md Nazrul Islam, general manager (commercial) of
NRB Bank PLC recently donated 2,500 waste bins to Chattogram City Corporation (CCC) as part of its corporate social responsibility initiative, marking a significant step towards environmental sustainability..Tarek Reaz Khan, managing director of the bank, handed over the donation of waste
The Commercial Bank of Ceylon PLC has collaborated with It’s Humanity Foundation (IHF), a non-profit organisation in Dhaka, for a corporate social responsibility initiative, aimed at providing vocational training to underprivileged young adults..This programme, facilitated through IHF’s “H
Prime Bank PLC has extended agricultural loans to 40 farmers in Kalia upazila of Narail as part of its commitment to fostering the growth and development of the country’s agricultural sector..Prime Bank organised an open credit programme with farmers of the district yesterday, said a press
Mutual Trust Bank PLC (MTB) organised “MTB Annual Town Hall 2025” in Dhaka recently..MTB’s Annual Town Hall 2025 served as a platform to celebrate past achievements, outline future strategies, and reinforce the bank’s position as a trusted financial institution in Bangladesh..The eve
Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
IFIC Bank PLC held its “Annual Business Conference 2025” at IFIC Tower in the capital’s Purana Paltan yesterday..Md Mehmood Husain, chairman of the bank, attended the conference as the chief guest, the bank said in a press release..Syed Mansur Mustafa, managing director of the bank,
Union Bank PLC recently appointed Mohammad Iqbal to the post of deputy managing director (DMD)..Prior to this role at the 4th generation Shariah-based bank, Iqbal served as a senior executive vice-president and head of business and CAMLCO at Citizens Bank, according to a press release..
Midland Bank PLC recently launched a Kotiadi branch at Shahidullah Bhaban on C&B Road in Kotiadi, Kishoreganj..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the branch as the chief guest, the bank said in a press release..In his speech, Zaman thanked the audie
EXIM Bank PLC organised a “Special Business Development Meeting” for the Dhaka region at the bank’s head office in Dhaka on Saturday..Md Akhter Hossain, managing director (current charge) of the bank, attended the meeting as the chief guest, the bank said in a press release..In his s
SBAC Bank PLC arranged the “Annual Business Development Conference 2025” at the Le Meridien Dhaka in the capital on Saturday..Md Moklesur Rahman, chairman of the bank, inaugurated the conference as the chief guest, according to a press release..Habibur Rahman, managing director and C
