Al-Arafah Islami Bank organises LMS training

Al-Arafah Islami Bank has launched a GoLive and Training Programme for litigation management system (LMS) at the bank’s head office in Dhaka today.
9 January 2024, 15:10 PM

Forex reserves fall after $1.27b ACU payment

Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.
9 January 2024, 13:08 PM

Five banks hold 82% of deposits in small accounts

Sonali, Agrani, Bank Asia, Islami Bank and Global Islami Bank hold Tk 3,849 crore in no-frills accounts
8 January 2024, 20:30 PM

Credit card issuance creeps along

Credit card issuance by banks in Bangladesh witnessed slower growth in 2023 thanks to tightening of regulations by NBR
8 January 2024, 20:00 PM

Nasiruzzaman re-appointed BKB chairman

Md Nasiruzzaman has been re-appointed as chairman of the Bangladesh Krishi Bank (BKB) for another three-year term.
8 January 2024, 15:04 PM

MTB to sell Pragati Life Insurance’s products

Pragati Life Insurance recently signed a bancassurance agreement with Mutual Trust Bank (MTB), enabling the bank’s customers to conveniently access and purchase the life insurer’s diverse range of insurance products.
8 January 2024, 14:45 PM

Midland Bank disburses loans among farmers

Midland Bank and the Society for Family Happiness and Prosperity (FHP), a non-governmental organisation, recently signed an agreement under which the bank will directly disburse loans to farmers at 4 percent interest rate.
8 January 2024, 14:40 PM

Prime Bank partners with Syngenta Bangladesh to promote agri-finance

Prime Bank PLC and Syngenta Bangladesh Ltd, an agri-business company, have joined hands to ease financing to farmers and agricultural input sellers.
8 January 2024, 14:35 PM

BRAC Bank inks deal with Le Meridien Dhaka

BRAC Bank recently signed an employee banking agreement with Le Meridien Dhaka, a BHL Group unit, enabling the hotel’s co-workers and other BHL Group entities to access exclusive banking services provided by the bank.
8 January 2024, 14:25 PM

Walton Plaza launches new website

Walton Plaza recently launched a new website with an updated look and improved functionality as part of its efforts to become the number one online sales network of electronics products by this year.
6 January 2024, 15:42 PM

Deposits in micro-savers' accounts rise 12%

The deposits in no-frills accounts hit Tk 3,849 crore in Jul-Sep quarter
6 January 2024, 15:13 PM

City Bank gets $45 million Murabaha trade finance from ITFC

It is ITFC's highest trade finance extended to a commercial bank
6 January 2024, 11:20 AM

Liquidity crunch widens fault lines in banking system

An intensifying liquidity crisis is making a majority of Bangladeshi banks turn to call money market and central bank
5 January 2024, 01:30 AM

Interest rates on treasury bills hit record as govt borrows more

Bangladesh is seeing an increase in interest rate of treasury bills , an indication of further rise
5 January 2024, 01:00 AM

Financial account deficit swells as outflows intensify

Central bank data highlights continuing financial account deficit in the face of international currency outflow
4 January 2024, 17:10 PM

Rafiqul Islam made BFIU executive director

Md Rafiqul Islam has recently been promoted to the post of executive director of the Bangladesh Financial Intelligence Unit (BFIU), an anti-money laundering agency.
4 January 2024, 16:12 PM

Standard Bank gets new vice-chairman

Standard Bank has recently elected a sponsor director for the post of vice-chairman of the bank.
4 January 2024, 16:07 PM

EXIM Bank launches EXIM Scholars

EXIM Bank has launched a new investment product named “Exim Scholars” to provide financial support to the students and professionals for their higher studies abroad.
4 January 2024, 16:03 PM

MTB to sell Green Delta’s insurance products

Mutual Trust Bank (MTB) recently signed a bancassurance agreement with Green Delta Insurance Company, enabling the bank to sell the insurer’s insurance solutions to its retail customers.
4 January 2024, 15:57 PM

National Bank inks MoU with Pinata Air International

National Bank has signed a memorandum of understanding (MoU) with Pinata Air International, a subsidiary of Sheltech Group.
4 January 2024, 15:50 PM