Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

Romo Rouf Chowdhury has been re-elected as the chairman of Bank Asia PLC..The reappointment was confirmed at a recent meeting of the bank’s board of directors, held at its head office in Dhaka, according to a press release issued by the bank..Chowdhury is a sponsor shareholder and sp

ONE Bank PLC has celebrated the 26th anniversary of the commencement of its commercial operations in Bangladesh’s banking industry..To mark the occasion, the bank organised a series of programmes across its branches and corporate head office nationwide..ASM Shahidullah Khan, chairman

Social Islami Bank PLC has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate seamless registration, contribution collection, and API integration under the Universal Pension Schemes..Md Mahiuddin Khan, executive chairman of the NPA,

Global digital payment solutions provider Mastercard, in partnership with Mutual Trust Bank PLC and Pathao Pay, a digital payment platform in Bangladesh, yesterday launched a range of youth-oriented real-time companion prepaid cards, offering a personalised and enhanced payment experience..<p

Jamuna Bank PLC has entered into a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate the collection of contribution instalments for various schemes under the Universal Pension Scheme..The bank is entitled to commence its collection services shortly a

Trust Bank PLC recently organised a daylong workshop, titled “Prevention of Money Laundering and Combating the Financing of Terrorism (AML & CFT)”, for its senior officials from the Dhaka region..The initiative was aimed at raising awareness and enhancing the compliance capabilities of the

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

Professor Akhand Mohammad Akhtar Hossain, an economist with extensive national and international experience, has been appointed as the chief economist of Bangladesh Bank, effective from 1 July..Hossain began his academic career as a lecturer in the Department of Economics at Jahangirnagar

Mercantile Bank PLC has recently conducted a month-long foundation training programme for the 14th batch of its management trainee officers..A total of twenty-four officers took part in the programme..Mati Ul Hasan, managing director of the bank, inaugurated the training as the chief

SBAC Bank PLC yesterday signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate and promote the Universal Pension Schemes..Md Mahiuddin Khan, executive chairman of the NPA, and Md Rabiul Islam, managing director and chief executive officer (curren

Eastern Bank PLC (EBL) has entered into a strategic partnership agreement with the Norwegian Refugee Council (NRC), an independent humanitarian organisation..Sehnaz Ozdamar, country director for Bangladesh at NRC, and Ali Reza Iftekhar, managing director and chief executive officer of the

The Bangladesh Financial Intelligence Unit wants the information by July 15

Daffodil International University (DIU), in collaboration with Pubali Bank PLC, recently organised an “Industry-Academia Collaboration Summit 2025” at its campus in Dhaka..Mohammad Ali, managing director and CEO of the bank, inaugurated the summit as the chief guest, according to a press r

Midland Bank PLC yesterday signed a memorandum of understanding (MoU) with Pizza Hut, the US-based international restaurant chain..Md Nazmul Huda Sarkar, chief technology officer of the bank, and Farhan Hadi, head of marketing of Pizza Hut Bangladesh, signed the MoU at the bank’s head offi

Bank Asia PLC, in collaboration with Bangladesh Bank (BB), has recently organised a month-long entrepreneurship development training programme in Chattogram under the central bank’s Skills for Industry Competitiveness and Innovation Programme (SICIP) project..Md Mokbul Hossain, executive d

Prime Bank PLC, in collaboration with the Institute of Business Administration (IBA) at the University of Dhaka, has launched a new initiative, titled “Entrepreneurship & Business Development Certification Programme”, aimed at aspiring entrepreneurs across the country..M Nazeem A Choudhury

BRAC Bank PLC recently organised the “Agent Meet 2025” in the Barishal region, aimed at strengthening field-level engagement and accelerating financial inclusion..The event brought together agent banking partners from six southern districts -- Patuakhali, Barishal, Jhalokathi, Pirojpur, Bh

Dhaka Bank PLC has launched a nationwide campaign, titled “30 Years of Trust”, to celebrate three decades of excellence in the country’s banking industry..According to a press release, the campaign will run from July 5 to August 3 this year..Md Mostaque Ahmed, deputy managing directo

Prime Bank PLC has signed a memorandum of understanding (MoU) with Excel Telecom (Pvt) Limited, an authorised national distributor of Samsung Bangladesh and a concern of the Labib Group, at the bank’s corporate head office in the capital recently..M Nazeem A Choudhury, deputy managing dire