BASIC Bank employees want merger with another state bank

They submitted a memorandum to Bangladesh Bank governor
16 April 2024, 14:11 PM

Community Bank declares 10.40% cash dividend

Community Bank Bangladesh has declared a 10.40 percent cash dividend for the year 2023 today.
16 April 2024, 13:50 PM

IMF lowers Bangladesh’s economic growth forecast

Bangladesh economy to grow 5.7% in FY24, the lender says
16 April 2024, 13:44 PM

Prime Bank’s profit up 20% in 2023

Prime Bank’s profit rose 20 percent year-on-year to Tk 480 crore in 2023.
15 April 2024, 15:45 PM

Credit card use slightly down in Feb

Plastic money transactions fell 4.77% to Tk 3,057 crore
15 April 2024, 13:26 PM

BB gets five merger proposals from banks

No new proposal will be accepted before the completion of the five, BB says
15 April 2024, 11:27 AM

Economy grows by 3.78% in Oct-Dec, slowest in three quarters

The Bangladesh Bureau of Statistics says in quarterly GDP estimate
9 April 2024, 15:46 PM

UCB plans to take over troubled National Bank  

United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders. 
9 April 2024, 13:46 PM

Meghna Bank approves 12.50% dividend

Meghna Bank approved a 12.50 percent dividend, including 10 percent cash dividend, for the year that ended on December 31, 2023.
8 April 2024, 15:22 PM

Shahjalal Islami Bank holds 871st executive meeting

Shahjalal Islami Bank recently organised the 871st meeting of its executive committee at its corporate head office in Dhaka.
8 April 2024, 15:15 PM

NCC Bank gets PCI-DSS certification for card data security

NCC Bank recently achieved the Payment Card Industry Data Security Standard (PCI-DSS) certification for card data security.
8 April 2024, 15:05 PM

Bank Alfalah's profit triples

The multinational bank made Tk 43 crore in 2023, up from the previous year's Tk 13 crore
8 April 2024, 12:10 PM

City Bank eyes takeover of BASIC Bank

State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank — a development that comes less than a week after the government decided in principle to merge four state banks
8 April 2024, 10:16 AM

Islam re-elected as Jamuna Bank chairman

Md Saidul Islam has recently been re-elected as chairman of Jamuna Bank for another one year.
7 April 2024, 15:32 PM

Shahjalal Islami Bank gives nod to investment proposals in board meeting

Shahjalal Islami Bank recently organised the 376th meeting of the Board of Directors of the bank at its corporate head office in Dhaka.
7 April 2024, 15:27 PM

BRAC Bank gets new DMD

BRAC Bank recently promoted an official to the post of deputy managing director (DMD), effective from April 1.
6 April 2024, 16:00 PM

Social Islami Bank MD attends APIF meeting in Saudi Arabia

Zafar Alam, managing director and CEO of Social Islami Bank, recently attended the 22nd meeting of the participants committee of Awqaf Properties Investment Fund (APIF) in Jeddah, Saudi Arabia, as a shareholder of the APIF.
6 April 2024, 15:47 PM

Mercantile Bank donates funds to SWAC

Mercantile Bank recently donated Tk 5 lakh to the Society for the Welfare of Autistic Children (SWAC) as part of corporate social responsibility of the bank.
6 April 2024, 15:43 PM

Bank Alfalah, Bangladesh Bank strike deal on green finance

Bank Alfalah Bangladesh recently signed a memorandum of understanding (MoU) with the Bangladesh Bank for green financing at reduced rates with support of the central bank.
4 April 2024, 16:30 PM

Standard Bank elects Hoque as executive committee chairman

Md Zahedul Hoque has recently been elected as chairman of the Executive Committee of Standard Bank.
4 April 2024, 16:20 PM