They were involved in money laundering and illegal fund transfers by the bank’s former chairman and family members

Prime Bank PLC has signed a cash management services agreement with SMC Enterprise Limited..Hassan O Rashid, chief executive officer of Prime Bank PLC, and Sayef Nasir, managing director of SMC Enterprise Limited, signed the agreement at the bank’s corporate office in Dhaka recently, accor

Citizens Bank PLC recently organised a daylong training, titled “CMSME Financing: Guidelines, Appraisal and Documentation”, at its training academy in Dhaka..Md Mostafizur Rahman, deputy managing director of Citizens Bank PLC, inaugurated the programme as the chief guest, according to a pr

His first policy move was a 50-basis-point hike in the overnight repo rate to 9 percent

City Bank PLC has signed a partnership agreement with Unicef to equip marginalised adolescents and young people, particularly girls, with green and entrepreneurial skills under a pilot project, titled "Skills4Youth"..Rana Flowers, representative of Unicef in Bangladesh, and Mashrur Arefin, ma

Pubali Bank PLC, in collaboration with Bangladesh Bank, recently organised a seminar on the “Cashless Bangladesh Initiative” at the Rangpur Shilpakala Auditorium in Rangpur, under the central bank’s initiative..Arief Hossain Khan, executive director and spokesperson of Bangladesh Bank (BB)

The OBUs can now extend loans through authorised dealers of other banks also

The relaxed LC margin facility will remain effective until March 31, 2026

Bank Asia PLC has won the “FinTech Innovation of the Year-Financial Inclusion” award at the 3rd Bangladesh FinTech Award 2025 for its Micro Merchant initiative, which has significantly expanded digital payment access and strengthened financial inclusion at the grassroots level..Ahsan H Man

Mercantile Bank PLC has launched its premium banking segment, titled “Mercantile Priority Zenith”, at the MBL Centre on Satmasjid Road in Dhanmondi on Sunday..Mati Ul Hasan, managing director of Mercantile Bank PLC, inaugurated the centre following his address at the ceremony..He sai

Tk 20,000 crore set aside for the bank, merging five troubled lenders

Bangladesh Brand Forum organised the awards initiated by the Bangladesh Fintech Forum

Standard Chartered Bangladesh has launched the “Export Receivable Finance for Financial Institutions/Banks (RFFI)”, a trade finance solution that marks a new milestone in the country’s financial sector..The initiative, introduced in partnership with BRAC Bank PLC, is designed to enhance li

NCC Bank PLC has signed a memorandum of understanding (MoU) with Dhaka North City Corporation (DNCC), enabling NCC Bank customers to conveniently pay various fees and taxes, including holding tax, trade licence fee, hotel tax, market salami, wheel tax, and other municipal charges, through the ba

Prime Bank PLC recently organised “Prime Neera-SME Women Entrepreneurs Training and Development Programme” at Hotel Agrabad in Chattogram..The event brought together over 130 women entrepreneurs from Prime Bank as well as members of the Chattogram Women Chamber of Commerce and Industry (CW

The draft Payment System Operator Regulations seek feedback from banks, fintech firms

The central bank governor says about the to-be-merged banks

Prime Bank PLC has signed a payroll agreement with Rahim Group, a manufacturing company specialising in building materials and engineering solutions..M Nazeem A Choudhury, deputy managing director of Prime Bank, and Maruf Mohsin, executive director of Rahim Group, signed the agreement at t

Md Sawkatul Alam, executive director of Bangladesh Bank, assumed charge as the administrator of EXIM Bank PLC on Wednesday. He was appointed by the central bank as part of the ongoing merger process involving five banks..Beginning his career as an assistant director at Bangladesh Bank in 1

Bangladesh Bank has appointed a four-member administrator team, led by its Executive Director Md Salah Uddin, to oversee operations at Social Islami Bank PLC..To assist him, the central bank named Additional Directors Md Rashedul Islam, Hammada Abdul Ati and Mohammad Bazlul Karim, along wi