HSBC Bangladesh's profit rose 9 percent year-on-year to Tk 1,086.13 crore in 2024, thanks to an increase in interest income.

Md Touhidul Alam Khan has been appointed as the managing director (MD) and CEO of NRBC Bank PLC, effective from May 5, 2025..Prior to joining NRBC Bank, Khan was serving National Bank Limited as the managing director and CEO, concurrently, according to a press release..With over 32 y

Md Fazlur Rahman, a director, has been elected as the chairman of AB Bank PLC..Prior to assuming this new role, Rahman served the bank concurrently as president and managing director, according to a press release issued by the bank..His visionary leadership has guided the institution

Prime Bank PLC has declared a 20 percent dividend, comprising a 17.50 percent cash dividend, for the financial year ending on December 31, 2024..The declaration was made during the bank’s 30th annual general meeting (AGM), which was held virtually on Monday, according to a press release.</

Trust Bank PLC recently organised “SME Night 2025” under the theme “Rise & Thrive: Honouring the Spirit of Entrepreneurship” at the Radisson Blu Chattogram Bay View in the port city..Ahsan Zaman Chowdhury, managing director and CEO of the bank, attended the event as the chief guest, accord

Pubali Bank PLC has convened a two-day seminar on “Islamic Banking & Finance” at its head office in Motijheel, Dhaka recently..Mohammad Ali, managing director and CEO of the bank, joined the seminar as the chief guest, the bank said in a press release..The participants engaged in in-

Shahjalal Islami Bank PLC has recently promoted Imtiaz U Ahmed to the post of additional managing director (AMD)..The promotion acknowledges Ahmed’s substantial contributions to the bank across various domains of business and operations. .Notably, he has played a pivotal role in enha

Citizens Bank PLC launched the Panchrukhi sub-branch in the Araihazar upazila of Narayanganj yesterday..According to a press release, Md Mostafizur Rahman, managing director (currently in charge), presided over the inauguration ceremony as the chief guest..Md Abdul Latif, deputy mana

NRBC Bank PLC recently convened the 200th meeting of its board of directors at the bank’s head office in Dhaka..Md Ali Hossain Prodhania, an independent director and chairman of the bank, presided over the meeting, the bank stated in a press release..“Our 200th board meeting marks a

Midland Bank PLC has recently inaugurated the Ashulia sub-branch at East Jamgora, located in the Yearpur area of Savar Upazila, Dhaka..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the sub-branch as the chief guest, according to a press release..In his address

Social Islami Bank PLC has inaugurated a dedicated “hajj booth” at the Ashkona Hajj Camp in Uttara, Dhaka, as part of its ongoing commitment to delivering prompt and high-quality services to hajj pilgrims..Md Nazmus Saadat, deputy managing director of the bank, inaugurated the booth recent

Once approved, the policy will apply to Sonali, Rupali, Janata, Agrani, BASIC and BDBL

The move aims to support the bank’s Basel-III regulatory capital requirements

BB seeks govt approval to extend deadline

A delegation from JP Morgan Payments, led by Christine Tan, managing director and head for Asia Pacific at Financial Institutions Group (FIG) sales and payments, recently met with Nuruddin Md Sadeque Hossain, managing director of Southeast Bank PLC, at the bank’s head office in Dhaka recently.</

Padma Bank PLC recently held 125th board meeting at its head office in Dhaka, according to a press release..Md Shawkat Ali Khan, chairman of Padma Bank and managing director and CEO of Sonali Bank PLC, presided over the meeting..Kazi Md Talha, chief executive officer (current charge)

BRAC Bank’s branch network recorded a net deposit growth of Tk 5,000 crore in the first quarter of 2025, reflecting sustained momentum in deposit mobilisation..This accomplishment builds upon a consistent upward trajectory in deposit accumulation by the bank’s distribution network over the

Jamuna Bank PLC has recently entered into a corporate health agreement with Universal Medical College & Hospital Limited..Mirza Elias Uddin Ahmed, managing director and CEO of the bank, and Ashish Kumar Chakraborty, managing director of the medical college and hospital, signed the agreemen

Rashed A Chowdhury and Arif Dowla have been elected chairman and vice-chairman, respectively, of Mutual Trust Bank (MTB) PLC..Their appointments were confirmed during the 320th meeting of the bank’s board of directors, held recently at its head office in Dhaka, according to a press release

The bank attributed the loss to rising interest expenses and continued non-recovery from loan defaulters