Banks in Bangladesh today refixed the rates at which they would buy US dollars from exporters and foreign exchange houses that mobilise remittances from migrant workers.

Anwarul Islam, director of the department of offsite supervision at Bangladesh Bank, was promoted to be the executive director of the central bank today.

AB Bank and GD Assist, a subsidiary of Green Delta Insurance Company, signed an agreement recently offering the lender’s cardholders up to 10 per cent discount on different services under the latter’s health package. 

Shahjalal Islami Bank Ltd’s profit rose more than 36 per cent year-on-year to Tk 101.57 crore in the July-September quarter.

The High Court today wanted to know what action has been taken against the persons, including five deputy governors of Bangladesh Bank, who were reportedly involved in the financial scam of Tk 3,700 crore.

City Bank has announced that it would provide Bangladeshi migrants in Malaysia 2 per cent of whatever they send home as remittance on top of the 2.5 per cent provided by the government as an incentive. 

Bank Asia has signed an “Issuing Bank Agreement” with the Export-Import (Exim) Bank of India to avail a “Trade Assistance Programme” (TAP). 

Brac Bank in collaboration with the Department of Fire Service and Civil Defence conducted a fire-safety and emergency evacuation drill at the bank’s head office in Dhaka as part of its continuous effort to ensure workplace safety and security for its people.

A professor of the Institute of Business Administration (IBA) at the University of Dhaka has been elected president of Asia Marketing Federation. 

Standard Chartered Saadiq Bangladesh recently hosted the fourth session of its “Living Islam” series, titled “Islamic Perspective on Wealth Creation, Accumulation, and Distribution.”

City Bank in collaboration with bKash launched Shariah-based savings scheme “City Islamic DPS Savings” through bKash app in Dhaka on Monday.                                                                                                                                   

The Hong Kong and Shanghai Banking Corporation (HSBC) along with Bangladesh Bank has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the central bank.

Bangladesh Bank today asked banks to draw up citizen charter such that clients will be able to get financial services smoothly.

City Bank launched its first-ever Shariah-based savings scheme City Islamic DPS Savings today.

Bank Asia Limited has achieved the most prestigious Standard Information Security Certification, namely ‘PCI DSS’.

The services automated teller machine (ATM) of banks faced a disruption in many areas due to the partial failure of the national grid.

Bangladesh is currently weathering a period of heightened external pressure and economic headwinds like it has done since the outbreak of the coronavirus pandemic and kept growing, said a top official of a multinational bank.  

Bangladesh Bank Governor Abdur Rouf Talukder yesterday said they are trying to help strengthen the country’s securities market as it should be a major source of long-term funding for entrepreneurs and thereby assist in reducing non-performing loans in the banking sector.

Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.

When the term “metaverse” was first used around 30 years ago by Neal Stephenson, an American speculative fiction writer, in his science-fiction novel, Snow Crash, he could barely have anticipated that the term would be on everyone’s lips in 2022.