Cash subsidy for exports surges. Only garment yields expected results

The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.
17 May 2024, 00:00 AM

Business leaders call for interest rate ceiling

The Bangladesh Bank told businesspeople that the lending rates will not exceed 14 percent, according to the leaders of several trade bodies.
16 May 2024, 16:30 PM

Islami Bank, Mastercard name winners of Transfast-Islami Bank Remittance Campaign

Islami Bank Bangladesh and Transfast, a remittance brand of Mastercard, declared the winners of the “Transfast-Islami Bank Remittance Campaign”.
16 May 2024, 15:37 PM

Jamuna Bank Q1 profit up 23%

In Jan-Mar, the bank made a profit of Tk 164 crore this year, up from Tk 134 crore last year
16 May 2024, 13:11 PM

Dhaka Bank’s Q1 profit highest in 4 years

The bank's profit rose 26% year-on-year to Tk 60.39 crore in Jan-Mar period of 2024
16 May 2024, 12:37 PM

Islamic banks lose Tk 8,496 crore deposits in a month

Deposits in Islamic banks reduced, but in Islamic banking branches of conventional banks rose
15 May 2024, 15:40 PM

IFIC Bank gets new DMD

IFIC Bank has recently promoted an official to the post of deputy managing director (DMD).
15 May 2024, 15:05 PM

ShareTrip Pay, MTB strike deal to launch travel wallet solution

Mutual Trust Bank recently signed a strategic alliance agreement with ShareTrip Pay, the country’s first travel wallet and a concern of ShareTrip, to launch a travel wallet solution.
15 May 2024, 15:00 PM

Southeast Bank provides financial aid to farmers from CSR fund

Southeast Bank recently provided financial assistance to grassroots level farmers across the country from the bank’s special corporate social responsibility (CSR) fund to help their cultivation and facilitate purchases of agri-based machinery.
15 May 2024, 14:47 PM

Bangladesh’s outlook remains bright despite global uncertainty

Despite global uncertainty, Bangladesh’s outlook has remained bright and the economy is expected to grow steadily, said a top economist of the Hongkong and Shanghai Banking Corporation (HSBC).
15 May 2024, 14:37 PM

Bangladesh Bank imposed entry restriction to hide weakness: journalists

Journalist leaders demand easy access to info at the central bank
15 May 2024, 13:11 PM
15 May 2024, 11:31 AM

City Bank’s profit grows marginally in Q1 

City Bank registered a 2.7 percent year-on-year growth in profit to Tk 92.44 crore in January-March of 2024
15 May 2024, 09:01 AM

Finance minister infected with Covid-19

Cabinet Secretary for Coordination and Reforms Mahmudul Hossain Khan told The Daily Star
15 May 2024, 08:41 AM

EBL signs agreement with US State Department to launch Climate Change Adaptation Award

Eastern Bank PLC (EBL) has entered into an agreement with the US Department of State to collaborate on the EBL Climate Change Adaptation Award
15 May 2024, 05:13 AM

IFIC Bank gets new AMD

IFIC Bank has recently promoted an official to the post of additional managing director (AMD).
14 May 2024, 16:28 PM

Mahbubur, Jahangir elected PDBL chairman, vice-chairman

Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank, and Mohammad Jahangir, managing director and CEO of Rupali Bank, have been elected as chairman and vice-chairman respectively of Primary Dealers Bangladesh Limited (PDBL).
14 May 2024, 16:24 PM

NRB Bank, AMZ Hospital sign deal on service facilities

NRB Bank has recently signed an agreement with AMZ Hospital Ltd on service facilities.
14 May 2024, 16:00 PM

Prime Bank wins 3 awards at Asset Triple A Awards 2023

Prime Bank won accolades in three categories at The Asset Triple A Awards 2023 in Bangladesh for its contribution to sustainable finance.
14 May 2024, 15:53 PM

SBAC Bank launches ‘SBAC Smart Banking Services’

SBAC Bank recently launched a new digital products platform, styled “SBAC Smart Banking Services”, in celebration of the bank’s 11th founding anniversary.
14 May 2024, 15:45 PM