Bengal Commercial Bank opens Mirpur branch

Bengal Commercial Bank PLC (BGCB) recently launched a new branch in the capital’s Mirpur..Md Jashim Uddin, chairman of the bank and president of the SAARC Chamber of Commerce and Industry, inaugurated the branch, according to a press release..Md Iqbal Hossain Chowdhury, director of t
19 March 2025, 13:26 PM

Tk 721 crore remittance case settled for just Tk 15,543 in taxes

SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case
19 March 2025, 06:45 AM

Uttara Bank announces 35% dividends

Uttara declared the dividend when many banks were not allowed to do so due to strict regulatory rules
19 March 2025, 06:03 AM

Tanveer Ahmed elected vice-chairman of Meghna Bank

Tanveer Ahmed has been appointed as the vice-chairman of Meghna Bank PLC..A distinguished business professional with 18 years of exceptional achievement in the readymade garment (RMG) sector and the construction industry, Ahmed has successfully led Elegant Group since 2007. .Under hi
18 March 2025, 14:46 PM

UCB signs MoU with Raise Project to support returnee migrant workers

United Commercial Bank (UCB) PLC recently signed a memorandum of understanding (MoU) with the Raise Project, an initiative under the Wage Earners Welfare Board (WEWB), to facilitate access to finance for returnee migrant workers aspiring to start their own businesses..Adnan Masud, addition
18 March 2025, 14:16 PM

NRBC Bank opens Borhanuddin sub-branch in Bhola

NRBC Bank PLC launched a new sub-branch in Borhanuddin upazila, Bhola yesterday..Md Hafiz Ibrahim, a former member of parliament, inaugurated the sub-branch as the chief guest, according to a press release..Mohammad Obaidul Haque, former executive director of Bangladesh Bank, princip
18 March 2025, 14:16 PM

Prime Bank partners with Mastul Foundation for charity work

Prime Bank PLC recently signed a partnership agreement with Mastul Foundation, a non-profit charity organisation in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Kazi Reaz Rahman, executive director of the foundation, signed the agreement at the bank’s corpor
18 March 2025, 14:16 PM

SBAC Bank’s MD resigns six months before end of his term

Habibur Rahman, managing director (MD) and CEO of the South Bangla Agriculture and Commerce Bank (SBAC) PLC, has resigned on personal grounds.
17 March 2025, 18:00 PM

Banks must allocate 27% of loans to SMEs by 2029: BB

Bangladesh Bank has set a target for banks and financial institutions to disburse 27 percent of their total loans to cottage, micro, small, and medium enterprises (SMEs) by 2029 to promote business growth and employment.
17 March 2025, 18:00 PM

Shahjalal Islami Bank opens ATM booth at Excellent Tiles Industries in Bhaluka

Shahjalal Islami Bank PLC launched an ATM booth at the premises of Excellent Tiles Industries Limited in Bhaluka, Mymensingh on Sunday, aiming to provide fast and round-the-clock banking services to customers..Abdul Halim, a director of the bank, inaugurated the ATM booth as the chief gues
17 March 2025, 14:12 PM

Al-Arafah Islami Bank strikes payroll banking deal with Lubana General Hospital

Al-Arafah Islami Bank PLC has signed an agreement with Lubana General Hospital Limited to provide payroll banking services for the hospital’s employees..Md Abdullah Al Mamun, deputy managing director of the bank, and Md Shah Zahirul Islam, managing director of the hospital, signed the agre
17 March 2025, 14:10 PM

Number of small accounts rises: BB

The number of Tk 10/50/100 accounts—excluding School Banking, Street Urchins, and Working Children Accounts—stood at 2.81 crore, with total deposits of Tk 46,851.15 crore during the quarter under review
17 March 2025, 13:42 PM

Azam J Chowdhury to raise his stake in Green Delta

He will buy 5.93 lakh shares from a sponsor of the same company
17 March 2025, 06:53 AM

Uzma Chowdhury elected as chairperson of Meghna Bank

Uzma Chowdhury has been elected as the chairperson of Meghna Bank PLC.
16 March 2025, 15:00 PM

Sonali Bank holds business conference in Chattogram

Sonali Bank PLC recently organised a “Divisional Business Conference-2025” for officers of Chattogram North and South at the World Trade Centre in the port city.
16 March 2025, 14:54 PM

Prime Bank partners with As-Sunnah Foundation for charity work

Prime Bank PLC recently signed a partnership agreement with As-Sunnah Foundation, a non-political and non-profit religious charity organisation based in Bangladesh.
16 March 2025, 14:15 PM

BRAC Bank organises TARA Uddokta Mela 2025

BRAC Bank organised the “TARA Uddokta Mela 2025” at the Aloki Convention Centre in the capital's Gulshan, with the aim of promoting locally crafted products from women entrepreneurs.
16 March 2025, 14:11 PM

Banks' deposit growth dropped in 2024 amid confidence crisis

Banks in Bangladesh saw slower deposit growth last year mainly due to high inflation, the people’s confidence crisis regarding some banks and a crackdown on money laundering, according to officials of the country’s central bank.
15 March 2025, 15:02 PM

NCC Bank launches four banking products for women

NCC Bank PLC recently unveiled four new banking products at the Palace Luxury Resort in Habiganj, aimed at empowering women and advancing financial inclusion within the national economy.
15 March 2025, 14:33 PM

BB gives two Islamic banks Tk 2,500cr more in emergency support

The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.
13 March 2025, 18:58 PM