Banks
Mansur attending central bank conference in India
Bangladesh Bank (BB) Governor Ahsan H Mansur went on a visit to India yesterday to attend a high-level policy conference of central banks from the Global South..Two other members of the central bank are accompanying Mansur during the visit. They are Deputy Governor Md Habibur Rahman and Ex
Jashim Uddin becomes Bangladesh Development Bank MD
Md Jashim Uddin was appointed as managing director and CEO of Bangladesh Development Bank PLC yesterday..Prior to joining his new assignment, Jashim Uddin had been working at Janata Bank PLC as deputy managing director, the bank said in a press release..He started his professional ba
BRAC Bank's branch network achieves Tk 10,000cr deposit growth in Jan-Oct
BRAC Bank’s branch network has achieved a milestone by making a net deposit growth of Tk 10,000 crore within the first ten months of 2024, spanning January to October..Despite a challenging economic environment, the bank obtained this impressive growth driven by the lender’s strong market
Prime Bank signs deal with Concord Architects & Interior Decor
Prime Bank PLC recently signed an agreement with Concord Architects & Interior Decor Limited, an interior design firm in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Anup Kumar Sarkar, chief marketing officer of Concord Group, penned the deal at the bank’s c
Bank Asia wins SAFA award for best-presented annual report
Bank Asia PLC recently won “SAFA Best Presented Annual Report Award 2023” for integrated reporting among all the participating institutions..Rumee A Hossain, director and chairman of the executive committee of the bank, and ANM Mahfuz, additional managing director, received the award and c
Pubali Bank receives two accolades at Mastercard Excellence Awards
Pubali Bank PLC recently won two awards in different categories at the Mastercard Excellence Awards in recognition of the bank’s contributions to fostering financial inclusion and building a robust digital economy..Mastercard, the US-based payment solutions provider, awarded the commercial
Star Interview / Bank owners’ forum was useless during AL time
The Bangladesh Association of Banks (BAB), the private bank owners’ forum, will work with the central bank governor and the finance adviser to rejuvenate the banking sector, weakened under 15 years of Awami League rule, said its new chairman Abdul Hai Sarker.
Defaulted loans may double next year
The defaulted loan figure is set to double as the Bangladesh Bank is set to tighten the classification rules for all types of loans by March next year to meet the International Monetary Fund’s loan conditions.
HSBC facilitates sustainable finance arrangement for Viyellatex Group
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has structured a $65 million Sustainability Linked Loan for Viyellatex Group, a vertically integrated garment manufacturer and exporter based in Bangladesh, to support their sustainability priorities following global Loan Ma
Abu Jafar promoted to Al-Arafah Islami Bank DMD
Al-Arafah Islami Bank PLC recently promoted its official SM Abu Jafar to the post of deputy managing director (DMD)..Prior to the promotion, Jafar had been serving as senior executive vice-president since 2021, according to a press release..He started his professional banking career
Prime Bank signs banking services deal with Kashpia Group
Prime Bank PLC recently signed a banking services agreement with Kashpia Group..Md Shahin Howlader, managing director of Kashpia Printing & Packaging Ind Ltd, and Md Nazeem A Choudhury, deputy managing director of the bank, penned the deal at the bank’s corporate office in Dhaka, said a pr
Eastern Bank wins awards at Mastercard Excellence Awards
Eastern Bank PLC (EBL) recently won four awards in different categories at the Mastercard Excellence Awards 2024..The lender was honoured with these awards for excellence in Business (Innovation), Credit Business (Domestic), POS Acquiring Business, and Online Acquiring Business categories
Pubali Bank holds ‘CLS Agent Conference’
Pubali Bank PLC recently organised “CLS Agent Conference-2024” at the bank’s head office in the capital’s Dilkusha..Mohammad Ali, managing director and CEO of the bank, attended the conference as the chief guest, the bank said in a press release..Md Shahnewaz Khan and Mohammad Anisuz
Southeast Bank holds training on bank-rating
Southeast Bank PLC recently organised a training programme on “Overview of CAMELS Rating for Banks and Internal Credit Risk Rating System (ICRRS)” at the bank’s training institute in Dhaka..All divisional heads and in-charges at the head office, along with all heads of branches and manager
Citizens Bank organises event on green banking
Citizens Bank PLC recently organised an awareness building event on “Green Banking & Sustainable Finance” at the bank’s Training Academy in the capital’s Motijheel..A total of 35 participants from divisional or departmental heads of the head office and operation managers from branches acro
Dhaka Bank wins three awards at ‘Mastercard Excellence Awards’
Dhaka Bank PLC won three awards at the “Mastercard Excellence Awards 2024” for creating a milestone towards digitalising the financial services of the country’s banking sector..The lender clinched the “Excellence in Mastercard Credit Business (Domestic) 2023-24” award for 100 percent domes
NRB Bank holds 'Annual Risk Conference'
NRB Bank PLC recently arranged its “Annual Risk Conference 2024” at the bank’s head office in the capital’s Gulshan..It is a part of the bank’s augmented commitment to build a robust culture of business, governance and risk management in alignment with regulatory expectations..This y
Bank Asia jointly holds women’s entrepreneurship workshop
Bank Asia PLC, in collaboration with “BIC, Uttoron”, organised a workshop, styled “Women Entrepreneurship Development & Access to Banking Finance”..A total of 53 women entrepreneurs took part in the daylong workshop, the bank said in a press release..Md Shaminoor Rahman, senior execu