A default rate exceeding one-third of total loans poses a severe challenge, he said

Md Khalid Mahmood Khan has been appointed managing director and chief executive officer (CEO) of Southeast Bank PLC, effective today..Prior to his appointment, Khan served at Mutual Trust Bank PLC as an additional managing director and chief business officer, according to a press relea

Pubali Bank PLC has recently launched a co-branded credit card with the University of Dhaka at the Nawab Ali Chowdhury Senate Bhaban on the university campus..Prof Niaz Ahmed Khan, vice-chancellor of the University of Dhaka, inaugurated the card as the chief guest, according to a press rel

IFIC Bank PLC has appointed Sheikh Akhter Uddin Ahmed as a deputy managing director (DMD), effective from November 25, 2025..Ahmed began his professional banking career at National Bank PLC as a probationary officer in 1998, according to a press release. .He developed strong foundati

Al-Arafah Islami Bank PLC has signed a memorandum of understanding (MoU) with Sunlife Insurance Company Limited, enabling seamless premium collection, enhanced data security, real-time reporting, and efficient financial reconciliation across Sunlife’s operational network..This partnership

Uttara Bank PLC has launched a Contact Centre in Dhaka today. Md Abul Hashem, managing director and chief executive officer of Uttara Bank PLC, inaugurated the centre as the chief guest, according to a press release..Equipped with modern and advanced technology, the centre will provi

Today, fresh Tk 350 crore liquidity support approved for the to-be-merged banks, taking the total to Tk 35,300 crore

National Bank PLC has launched the “Remittance Cash Payment Automation” system, marking a bold step forward in the bank’s digital transformation..Adil Chowdhury, managing director of National Bank PLC, inaugurated the new system at the bank’s head office in Dhaka on Tuesday, according to a

Pubali Bank PLC recently organised the “CLS Agent Conference-2025” at its head office in Motijheel, Dhaka..Mohammad Ali, managing director and CEO of Pubali Bank PLC, attended the conference as the chief guest, according to a press release..Ali emphasised increasing the efficiency of

BB adds that net NPL is a more reliable measure for boards, shareholders, and foreign investors

This is the highest bad loan ratio since 2000

It did not clarify what would constitute essential travel

Mahtab Osmani has been appointed as the deputy managing director (DMD) and head of corporate business, international banking, and export finance at Bank Asia PLC, effective from November 25, 2025..Osmani brings 24 years of distinguished experience from Standard Chartered Bank, where he pro

Moody’s Investors Service, recently rebranded as Moody’s Ratings, has reaffirmed Eastern Bank PLC’s (EBL) B2 rating, which remains capped by Bangladesh’s sovereign rating..The reaffirmation reflects EBL’s solid capital base, consistent profitability, strong asset quality, and adequate liqu

Pragati Insurance Limited, a non-life insurer and the bancassurance partner of Midland Bank PLC, has successfully settled its first non-life motor car insurance claim..The bank organised a function at its Gulshan branch recently to mark the occasion, according to a press release..Md Rashed Ak

Prime Bank PLC has launched “Prime Banijjo”, the country’s first AI-powered digital LC management platform, marking a major milestone in Bangladesh’s trade digitisation journey..The event featured an interactive experience session where corporate clients and trade partners explored the pla

NCC Bank PLC has recently launched an exclusive portfolio of premium cards with global digital payment solutions provider Mastercard under a strategic collaboration agreement..The portfolio includes three premium cards -- the Multicurrency Business Debit Card, the Multicurrency Platinum De

BRAC Bank PLC Sunday launched a new Platinum Multicurrency Debit Card on the Mastercard network, offering customers a convenient and secure way to manage both local and international transactions..Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank PLC, and Syed Mohammad Kamal,

Meghna Bank PLC recently arranged a daylong training programme on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for branch officials of the Khulna zone..Mohammad Mokter Hossain, additional director of the Bangladesh Financial Intelligence Unit (BFIU), and Shaha

City Bank PLC, in partnership with Mastercard, has launched the first-ever credit card under the Mastercard network in Bangladesh, named the “City Bank Mastercard World Elite Credit Card”..Designed for affluent and high-net-worth customers, the card provides a wide range of exclusive lifes