Over $1b in IMF, ADB loans added to forex reserves

Bangladesh’s depleted foreign currency reserves have received a boost as $1.09 billion have been added to the central bank’s account, said an official.
16 December 2023, 14:45 PM

Concord Architects strikes MoU with Eastern Bank

Concord Architects & Interior Decor Ltd (CAIDL), a concern of Concord Group, and Eastern Bank Ltd recently signed a memorandum of understanding (MoU).
16 December 2023, 14:12 PM

Prime Bank inks deal with WeGro Tech

Prime Bank PLC recently signed an agreement with WeGro Technologies Ltd, an agricultural fin-tech platform.
16 December 2023, 14:05 PM

BRAC Bank partners with freelancers' society

BRAC Bank has partnered with Bangladesh Freelancer Development Society (BFDS) to ensure easy and smooth banking services for freelancing professionals of the country.
16 December 2023, 13:55 PM

Bank Asia organises AML & CFT conference

Bank Asia Limited has recently organised the annual “AML & CFT Conference 2023” to enhance anti-money laundering and countering the financing of terrorism (AML & CFT) knowledge and awareness among all the employees of the bank for ensuring a culture of compliance and sustainable banking.
16 December 2023, 13:46 PM

Padma Bank launches new fixed deposit scheme

Padma Bank Ltd has launched a fixed deposit scheme named “Bijay-71” on the occasion of the country’s 53rd Victory Day.
14 December 2023, 15:50 PM

NRBC Bank opens sub-branch in Barishal

NRBC Bank PLC has opened the Chowmatha sub-branch of the bank in Barishal today.
14 December 2023, 15:20 PM

EBL launches co-branded credit card

Eastern Bank PLC, Entrepreneurs’ Organization (EO) and Visa jointly launched a co-branded credit card on Wednesday.
14 December 2023, 14:57 PM

Southeast Bank to raise Tk 500 crore thru bonds

Tk 450 crore will be mobilised under private placement, Tk 50 crore through public offer
14 December 2023, 08:49 AM

Bankers cut US dollar rates by Tk 0.25

Banks will buy US dollar at Tk 109.5 from exporters and sell at Tk 110
13 December 2023, 16:49 PM

First Security Islami Bank organises workshop

First Security Islami Bank PLC has organised a workshop virtually on anti-money laundering and combating financing of terrorism titled “BAMLCO Conference-2023” for its branch anti-money laundering compliance officers.
13 December 2023, 15:10 PM

NCC Bank opens Chatkhil branch

NCC Bank Ltd opened its 127th branch in Chatkhil upazila, Noakhali on Tuesday.
13 December 2023, 15:00 PM

Pubali Bank inks MoU with Air Astra

Pubali Bank PLC has signed a memorandum of understanding (MoU) with Astra Airways Ltd, widely known as Air Astra, a privately-owned passenger airline in Bangladesh.
13 December 2023, 14:52 PM

Bank Asia strikes deal with AGAM Int'l

Bank Asia Limited has signed an early wage access (EWA) agreement with AGAM International, a UK-based artificial intelligence fintech company.
13 December 2023, 14:43 PM

IMF, ADB loans to boost reserves in Dec: Bangladesh Bank

IMF will give $689 million, ADB $400 million and other sources $220 million
13 December 2023, 11:07 AM

BB removes interest cap on deposits

BB yesterday withdrew the ceiling on the interest rate of bank deposits, which was imposed on August 2021.
12 December 2023, 18:10 PM

Trades in T-bills, bonds jump in secondary market

Trading of these secured securities amounted to Tk 28,613 crore in November while it was Tk 10,932 crore in September, according to BB data
12 December 2023, 18:05 PM

Jamuna Bank unveils new logo

Jamuna Bank has unveiled its new logo at a programme held at Sheraton Dhaka in Banani today.
12 December 2023, 16:00 PM

Brac Bank to use Gates Foundation grant for women, small businesses

The Bill & Melinda Gates Foundation has approved a grant for Brac Bank to leverage the digitalisation of banking products and services to cater to a significant number of cottage, micro and small enterprises (CMSEs) and women.
12 December 2023, 15:35 PM

Al-Arafah Islami Bank strikes deal with Bangladesh Bank

Al-Arafah Islami Bank PLC has signed an agreement with Bangladesh Bank to avail Bangladesh Bank-Long Term Financing Facility (BB-LTFF).
12 December 2023, 15:30 PM