BRAC Bank has signed an employee banking agreement with Zara Zaman Technology Ltd, a software development company and the largest supplier of GRG-branded ATMs and Android POS terminals in Bangladesh..Mahiul Islam, deputy managing director and head of retail banking at the bank, and Mridha

State-owned Agrani Bank PLC has recently promoted Md Nurul Huda to the post of deputy managing director (DMD)..Prior to assuming this new role, Huda was serving the bank as a general manager, the bank said in a press release..He began his professional banking career at Agrani Bank as

SBAC Bank PLC celebrated its 12th founding anniversary on Thursday..Md Moklesur Rahman, chairman of the bank, inaugurated the celebration at the bank’s head office in the capital’s Motijheel, said a press release..Habibur Rahman, managing director and CEO of the bank, presided over t

Southeast Bank PLC has provided financial support worth Tk 50 lakh to Khulna University under its special corporate social responsibility (CSR) fund for conducting research activities. .Nuruddin Md Sadeque Hossain, managing director of the bank, handed over the cheque to Prof Md Noor Un Na

The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.

Shahjalal Islami Bank PLC has signed a memorandum of understanding (MoU) with the Hajj Agencies Association of Bangladesh (HAAB)..Mosleh Uddin Ahmed, managing director of the bank, and Syed Golam Sarwar, president of HAAB, signed the MoU at the latter’s office in the capital’s Nayapaltan o

City Bank has launched the “City Bank American Express® platinum reserve credit card”, the first American Express metal card in Bangladesh..The card brings together personalised service, international travel support, savings, and rewarding benefits tailored to suit the evolving needs of cu

Midland Bank PLC recently signed a memorandum of understanding (MoU) on digital cash management solutions with Space Tech Holdings Limited (Spacetech), a Singapore and Bangladesh joint venture company, and XSpeed Autos Limited (XSpeed), an automobile enterprise based in Bangladesh..Mohamma

Bangladesh’s Islamic banking sector would be completely restructured, he said.

SBAC Bank PLC has appointed Md Rabiul Islam to the post of additional managing director (AMD)..A banker with 36 years of experience, Islam was working at NRBC Bank as a deputy managing director (DMD) and acting managing director concurrently, before assuming this new assignment at SBAC Ban

Nurullah Chaudhury has joined Bank Asia PLC as an additional managing director (AMD) and chief wholesale banking officer on Monday..Prior to joining Bank Asia, Chaudhury was serving at City Bank PLC as a deputy managing director and head of corporate banking, concurrently, said a press rel

Pubali Bank PLC has donated a bus to the Islamic University of Technology (IUT) as part of its corporate social responsibility..Mohammad Ali, managing director and CEO of the bank, handed over the dummy key to Prof Mohammad Rafiqul Islam, vice-chancellor of the university, on its campus pr

Md Omar Faruk Khan made acting managing director

BRAC Bank has entered into a strategic partnership agreement with PHP Group, a Chattogram-based corporate business conglomerate, to provide banking solutions that will support the group’s business growth in Bangladesh..Md Ali Hossain, director of PHP Group, and Tareq Refat Ullah Khan, depu

Labour and Employment Adviser M Sakhawat Hussain yesterday warned Premier Bank of stern actions if it did not disburse the Bangladesh Bank’s cash incentive fund for payment of garment workers’ salaries ahead of Eid.

Community Bank Bangladesh PLC organised the 62nd board meeting at the police headquarters in the capital’s Gulistan on Monday..Inspector General of Police (IGP) Baharul Alam, chairman of the bank, presided over the meeting, the bank said in a press release..During the meeting, severa

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Shishu Sasthya Foundation, Bangladesh (SSF, B), to support its initiative in strengthening services for paediatric inpatients from underprivileged and marginalised families..Ahmed Shaheen, additional managing di

EBL’s board has recommended a 17.50 percent cash dividend and a 17.50 percent stock dividend

Bangladesh Bank has instructed commercial banks to ensure uninterrupted transactions through automated teller machines (ATMs), point of sale (POS) terminals, internet banking, online e-payment gateways, and mobile financial services (MFS) during the Eid-ul-Fitr holidays.

Iqbal Ahmed has been re-elected as the chairman of NRB Bank PLC..The election took place during the bank’s board of directors' meeting at its head office in the capital on Sunday, according to a press release..A seasoned businessman, Ahmed was the founding chairman of NRB Bank, and t