Banks

Banks

Meghna Bank organises annual risk conference

Meghna Bank PLC has organised the “Annual Risk Conference-2024” at its head office in the capital’s Gulshan area recently..ANM Moinul Kabir, director of the Department of Off-Site Supervision (DOS) of the Bangladesh bank, was the chief guest at the conference, said a press release..M

3h ago

Eastern Bank arranges ‘student agency night’ in Chattogram

Eastern Bank PLC recently organised a programme, styled “Student Agency Night”, at Hotel Agrabad in Chattogram..The event brought together leading education agencies that provide guidance to students seeking higher education opportunities abroad, the bank said in a press release..Dur

3h ago

National Bank holds regional business conference in Dhaka

National Bank organised its regional business conference for Dhaka at Anchor Tower in the capital’s Banglamotor yesterday..Abdul Awal Mintoo, chairman of the bank, was the chief guest at the conference, according to a press release..Mintoo said National Bank continues to play a vital

3h ago

Social Islami Bank wins remittance award

Social Islami Bank PLC has been honoured with the “Remittance Award 2024” by the Ministry of Expatriates' Welfare and Overseas Employment for securing second place in bringing remittances to the country for fiscal year 2023-2024..The award recognises the bank’s significant contribution to

3h ago

AB Bank partners with Axentec for cloud integration

AB Bank PLC has entered into a strategic agreement with Axentec PLC, a subsidiary of Robi Axiata PLC, to enhance its data centre management through the adoption of cloud technology..The agreement was formalised at the bank’s head office in the capital’s Gulshan area, according to a press r

3h ago

Shawkat Ali Khan appointed as Padma Bank chairman

Md Shawkat Ali Khan, chief executive officer and managing director of Sonali Bank PLC, was appointed as the chairman of Padma Bank PLC..Khan recently chaired the 120th board meeting at Padma Bank's head office in the capital’s Gulshan, according to a press release from the bank..Befo

5h ago

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today

6h ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

1d ago

First Security Islami Bank: Almost 90pc of Tk 2,254cr loan to Sikder Group sours

As much as 89.3 percent of the credit extended by First Security Islami Bank, when controlled by the major Awami League beneficiary S Alam Group, to AL-affiliated Sikder Group by violating banking rules and regulations has become defaulted.

2d ago

Agrani Bank receives 'Remittance Award 2024'

Agrani Bank PLC has received the “Remittance Award 2024” for collecting a significant amount of foreign remittances in the banking sector for the fiscal year 2023-2024..Asif Nazrul, adviser to the Ministry of Expatriates’ Welfare and Overseas Employment, handed over the award to Md Anwarul

2d ago

Uttara Bank arranges business development conference

Uttara Bank PLC has organised a programme titled “Business Development Conference & Future Planning for 2025” at Jol Torongo, an army welfare trust resthouse, in Cox’s Bazar recently..Azharul Islam, chairman of the bank, attended the conference as the chief guest, the bank said in a press

2d ago

Al-Arafah Islami Bank gets new AMD

Al-Arafah Islami Bank PLC has appointed Mohd Rafat Ullah Khan as its additional managing director (AMD)..Khan will also serve the bank as the chief risk officer concurrently, the bank said in a press release..He has more than 30 years of experience in the banking industry..Prio

2d ago

Islami Bank wins remittance award

Islami Bank Bangladesh PLC has received the “Remittance Award 2024” for collecting the highest remittances in the fiscal year 2023-2024..Asif Nazrul, adviser to the Ministry of Expatriates’ Welfare and Overseas Employment, handed over the award to Mohammed Monirul Moula, managing director

2d ago

EBL honours 30 partners at excellence summit

Eastern Bank PLC (EBL) has honoured some 30 partner companies for their significant contribution toward development of digital services and solutions of the bank at the “EBL Digital Excellence Summit 2024”..The event brought together key partners, merchants of EBL and industry leaders to c

2d ago

Midland Bank signs MoU with Expose Furniture

Midland Bank PLC has signed a memorandum of understanding (MoU) with Expose Furniture, a furniture manufacturer and retailer company in Bangladesh..Alamgir Biplob, managing director of the furniture manufacturer, and Md Rashed Akter, head of retail distribution division and chief bancassur

2d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

2d ago

Prime Bank gets first female independent director

Nazia Kabir, a partner at the legal advisory firm “Syed Ishtiaq Ahmed & Associates” and an advocate at the High Court Division of the Supreme Court of Bangladesh, has recently joined Prime Bank PLC as the first female independent director..Nazia is a member of both the Bangladesh Supreme C

3d ago

Union Bank organises exec committee meeting

Union Bank PLC recently arranged the 4th meeting of the newly formed executive committee of the bank at its head office in the capital’s Gulshan..Md Fariduddin Ahmad, chairman of the executive committee of the bank, presided over the meeting, according to a press release..Md Humayun

3d ago