Sonali, BDBL sign MoU to proceed with merger plan

Sonali Bank and Bangladesh Development Bank PLC (BDBL) have finally decided to start proceedings to merge their operations today
12 May 2024, 06:52 AM

Southeast Bank’s profit declines 36% in first quarter 

Southeast Bank made a profit of Tk 92.15 crore in the first quarter of 2024, a decrease of 36 percent year-on-year
11 May 2024, 07:16 AM

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 corporate social responsibility (CSR) fund to help their cultivation and facilitate purchases of agri-based machinery.
9 May 2024, 15:55 PM

Premier Bank’s profit grows 8%

Premier Bank reported an 8 percent year-on-year profit of Tk 79.02 crore in the first quarter of 2024
9 May 2024, 10:40 AM

Exporters to win, consumers to bear the brunt

The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
8 May 2024, 16:51 PM

Dhaka Bank, VISA launch debit card for WeGro's farmers

Dhaka Bank and VISA launched a co-branded debit card for WeGro Technologies’ farmers, for whom the Swiss Agency for Development and Cooperation (SDC) has been working for a long time.
8 May 2024, 16:35 PM

Khalilur Rahman becomes the new chairman of National Bank

The Bangladesh Bank has recently appointed Khalilur Rahman as the chairman of National Bank.
8 May 2024, 16:07 PM

IFIC Bank joins hands with Diabetic Association

IFIC Bank recently signed a memorandum of understanding (MoU) with the Diabetic Association of Bangladesh (DAB) to address the challenges posed by chronic disease in Bangladesh.
8 May 2024, 15:52 PM

EBL Connect wins Digital CX Award

EBL Connect, an online banking platform of Eastern Bank, recently won the “Outstanding Digital CX – Cash Management Platform 2024” award from The Digital Banker at the Digital CX Awards 2024 in Singapore.
8 May 2024, 15:47 PM

Exim Bank signs deal to sell Popular Life’s insurance products

Exim Bank has signed an agreement with Popular Life Insurance to start selling the latter’s life insurance policies through bancassurance.
8 May 2024, 15:43 PM

Jamuna Bank opens Chandina branch in Cumilla

Jamuna Bank opened a Chandina Branch in Cumilla, affirming its commitment to delivering efficient and modern banking services to the community.
8 May 2024, 15:35 PM

IFIC Bank, Swisscontact strike MoU to uplift entrepreneurs in char areas

IFIC Bank has signed a memorandum of understanding (MoU) with Swisscontact, an independent non-profit development organisation, in a bid to uplift entrepreneurs from char areas in the northern districts of Bangladesh.
8 May 2024, 15:30 PM
8 May 2024, 15:15 PM

Prioritise sustainable revenue generation, IMF tells Dhaka

IMF mission concluded its 15-day visit to Bangladesh today
8 May 2024, 13:15 PM

IFIC Bank’s Q1 profit tumbles 35%

 IFIC Bank PLC reported a 35 percent year-on-year fall in profit for the first quarter of 2024
8 May 2024, 10:21 AM

BB abandons SMART to make bank interest rate fully market-based

The Bangladesh Bank today scrapped the SMART formula in order to make interest rates in the banking system fully market-based
8 May 2024, 09:50 AM

Bangladesh Bank launches crawling peg, sets Tk 117 per USD as mid-point 

Bangladesh Bank today introduced the crawling peg exchange rate system and allowed banks to buy and sell US dollars freely at around Tk 117. 
8 May 2024, 09:28 AM

Bangladesh Bank hikes policy rate by 50 basis points to 8.5%

Bangladesh Bank today raised the policy rate by 50 basis points to 8.5 percent to bring down the runaway inflation
8 May 2024, 09:01 AM

Shahjalal Islami Bank's first-quarter profit up 28%

Shahjalal Islami Bank (SIBL) reported a 28 percent year-on-year increase in profit in the January-March quarter
8 May 2024, 07:28 AM

Shahjalal Islami Bank strikes MoU with ICD

Shahjalal Islami Bank recently signed a memorandum of understanding (MoU) with the Islamic Corporation for the Development of the Private Sector (ICD), a member institution of the Islamic Development Bank (IsDB) Group.
7 May 2024, 15:31 PM