Yield on Treasury bills surges to a decade high

yield on Treasury bills has hit 11 percent for the first time in more than a decade
3 December 2023, 15:05 PM

Mercantile Bank distributes agri machinery in Keraniganj

Mercantile Bank PLC distributed agricultural machinery, including power tillers, among five farmers in the Keraniganj area of Dhaka on Saturday as part of the bank’s corporate social responsibility.
3 December 2023, 15:00 PM

IFIC Bank holds remittance road show in UK

IFIC Bank PLC recently organised a road show styled “IFIC Bank Remittance Road Show 2023” in Bradford, United Kingdom to increase the inflow of remittance to Bangladesh through legitimate banking channels.
3 December 2023, 14:56 PM

StanChart partners with TMSS

Standard Chartered Bangladesh has partnered with Thengamara Mohila Sabuj Sangha (TMSS), a non-governmental organisation, to boost quality of life, build resilience, and drive productivity across Bangladesh’s rural farming communities.
3 December 2023, 14:42 PM

Union Bank adopts PLC suffix

Union Bank Ltd has changed its name to Union Bank PLC.
2 December 2023, 15:25 PM

Citizens Bank re-elect Musuduzzaman, Shoeb

Citizens Bank PLC has recently re-elected Masuduzzaman as chairman of the executive committee and Chowdhury Mohammed Hanif Shoeb as chairman of the risk management committee of the board of directors of the bank.
2 December 2023, 15:15 PM

HSBC teams up with Brac

The Hongkong and Shanghai Banking Corporation Ltd (HSBC) in Bangladesh has signed a transformative partnership agreement with Brac, trailblazers in the microfinance industry, marking a significant step towards digitising the latter’s collection and disbursement processes.
2 December 2023, 15:02 PM

Midland Bank strikes MoU with GR Metal

Midland Bank has signed a memorandum of understanding (MoU) with GR Metal, an exporter of non-ferrous items.
2 December 2023, 14:55 PM

Bank Asia inks remit deal with Commerce Plex

Bank Asia Limited has signed a remittance service agreement with Commerce Plex Limited, a wholly owned subsidiary of Simpaisa.
2 December 2023, 14:47 PM

Premier Bank opens Gulshan Avenue branch

Premier Bank PLC launched a branch at Simple Tree Anarkali on Gulshan Avenue in Dhaka today.
30 November 2023, 15:37 PM

Southeast Bank wins Mastercard Excellence Awards

Southeast Bank PLC has won awards in two categories at the “Mastercard Excellence Awards 2023”.
30 November 2023, 15:30 PM

Islami Bank wins Mastercard Excellence Awards

Islami Bank Bangladesh PLC has clinched an award in the category of “Excellence in Mastercard Prepaid Business (Domestic)” at the “Mastercard Excellence Award 2023”.
30 November 2023, 15:17 PM

iFarmer strikes deal with Prime Bank

iFarmer, a tech-enabled one-stop solution for smallholder farmers, has signed an agreement with Prime Bank to accelerate financing for farmers with the intention to empower female farmers in Bangladesh.
30 November 2023, 15:10 PM

BB withdraws interest rate spread limit

Bangladesh Bank today withdrew the 4 percent interest rate spread limit as the banking regulator introduced a new lending rate formula in July this year..The new interest rate formula has helped keep the interest rates of all kinds of loans at a logical level and maintain a tolerable depos
29 November 2023, 16:21 PM

HSBC recognised by Euromoney

The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has been voted as “Market Leader” in Bangladesh for the 14th time and “Best Service” in the country for the 6th time in a row in the Euromoney Cash Management Survey 2023.
29 November 2023, 15:23 PM

Brac Bank wins Mastercard Excellence Awards

Brac Bank has won the highest number of awards – five in five categories – at the “Mastercard Excellence Awards 2023” in recognition of its outstanding business and innovation in various card issuing and acquiring segments.
29 November 2023, 14:46 PM

Bank Asia celebrates 24th anniversary

Bank Asia Limited has celebrated its 24th founding anniversary with the theme “Partnering Progress”.
29 November 2023, 14:40 PM

Gold hits all-time high of Tk 109,000 a bhori

The new price will be effective from November 30
29 November 2023, 13:28 PM

NBR names 9 top VAT depositor firms of FY22

Five made it to the list for consecutive second year
29 November 2023, 13:19 PM

BB updates audit firm list for financial institutions

Bangladesh Bank (BB) has recently updated its list of accountancy firms eligible for auditing banks and non-bank financial institutions.
28 November 2023, 16:15 PM