United Commercial Bank PLC (UCB) has secured Tk 7,783 crore in net deposits and opened over 300,000 new accounts, a testament to the bank’s dynamic leadership and the unwavering dedication of its employees..These achievements were shared at the bank’s 42nd annual general meeting (AGM), hel

Eastern Bank PLC (EBL) has recently entered into a payroll banking agreement with Transcom Electronics PLC and Bangladesh Lamps PLC to provide comprehensive payroll banking solutions for employees of both companies..Under the arrangement, EBL will offer a suite of services, including salar

An official analysis flags 14 state and autonomous entities as 'very high risk' with liabilities more than 60 times greater than available cash and equivalents

Central bank raises Sukuk quota for Islamic units to 80%

BRAC Bank PLC has unveiled a new brand positioning campaign, titled “SME Means BRAC Bank”, introducing the lowest-ever lending rate for unsecured loans to cottage, micro, small, and medium enterprise (CMSME) entrepreneurs..As part of the campaign, the bank has reduced its lending rate to a

Bank Asia PLC has recently held the 49th meeting of its Shariah supervisory committee at Bank Asia Tower in the capital’s Karwan Bazar..Shahed Rahmani, chairman of the Shariah supervisory committee, presided over the meeting, according to a press release..During the meeting, the chai

Prime Bank PLC has entered into a strategic partnership agreement with Neeshorgo Hotel & Resort, offering the bank’s cardholders discounts and enhanced payment convenience at one of the country’s leading hospitality destinations..Joarder Tanvir Faisal, executive vice-president and head of

Dhaka Bank PLC has recently signed a payroll banking agreement with Purbani Group, covering its concerns Karim Textiles Limited, Purbani Fabrics Limited, and Purbani Yarn Dyeing Limited..Sheikh Mohammad Maroof, managing director and CEO of Dhaka Bank PLC, and Shafiqul Islam Sarkar, managin

Its profit declined 2% year-on-year

The move aims at better aligning the taka with market fundamentals, the brokerage house says

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha

Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.

Bangladesh Bank (BB) will intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.

Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.

Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin

Prime Bank PLC recently organised an awareness programme titled “SME Cluster Financing Awareness Programme” for the small garments cluster in Saidpur, Nilphamari, aiming to promote inclusive and accessible financial services for the region’s thriving SME garment sector..Nawshad Mustafa, di

United Commercial Bank PLC (UCB) recently organised a month-long skills training initiative, titled the “Entrepreneurship Development Programme”, in Bogura, aimed at empowering aspiring and existing entrepreneurs who currently remain outside the formal banking and financial ecosystem..The