IPDC Finance’s profit falls 62% to Tk 34 crore in 2023

IPDC Finance Ltd’s profit nosedived 62 percent year-on-year to Tk 34.14 crore in 2023
31 March 2024, 06:11 AM

BRAC Bank, VIPB Asset Management ink deal on custodian services

BRAC Bank and VIPB Asset Management Company have signed a custodial service agreement.
30 March 2024, 15:20 PM

India's forex reserves jump to record high

It hit a record high of $642.63 billion as of March 22
30 March 2024, 10:14 AM

Eastern Bank to hold AGM on April 29

Eastern Bank will organise its 32nd annual general meeting virtually on April 29.
28 March 2024, 16:45 PM

Trust Bank Shariah supervisory committee holds 58th meeting

The Trust Bank Shariah Supervisory Committee held its 58th meeting at the bank’s head office in Dhaka on Wednesday.
28 March 2024, 15:50 PM

Al-Arafah Islami Bank launches International Islami debit card

Al-Arafah Islami Bank, in collaboration with Mastercard, has launched ‘International Islami Debit Card’.
28 March 2024, 15:42 PM

Pubali Bank, BD Tax Technology sign deal on mobile banking services

Pubali Bank recently signed an agreement with BD Tax Technology for preparation, processing and submission of income tax through the Pubali PI mobile banking app.
28 March 2024, 15:35 PM

Credit card use slightly up

Customers spent Tk 2,678 crore in Jan this year, up from Tk 2,674 crore in Dec 2023
28 March 2024, 15:27 PM

High bad loans a 'big threat' to financial sector: BB

The central bank said in quarterly review on money and exchange rate
28 March 2024, 14:30 PM

Forex reserves fall by half a billion in a week

It hit $19.45 billion on March 27, down from $19.98 billion on March 20
28 March 2024, 12:02 PM

Social Islami Bank opens seven sub-branches

Social Islami Bank has opened seven sub-branches in five districts across the country.
27 March 2024, 15:35 PM

City Bank made Tk 638 crore profit in 2023

City Bank reported a consolidated net profit after tax of Tk 638 crore for the financial year 2023, which represented a 33.5 percent rise in net profit compared to the previous year.
27 March 2024, 15:03 PM

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination
26 March 2024, 15:40 PM

BRAC Bank organises ‘TARA Uddokta Mela’

BRAC Bank has organised an exposition to promote locally made products by women entrepreneurs and create a market for their “Made in Bangladesh” products.
26 March 2024, 15:18 PM

Prime Bank launches Islamic banking services in MyPrime

Prime Bank has launched “Hasanah” Islamic banking services on its mobile banking app “MyPrime”.
26 March 2024, 15:03 PM

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched
26 March 2024, 14:38 PM

Sonali Bank holds meeting on RFCD, offshore Banking

Sonali Bank has arranged a meeting on enhancing facilities of Resident Foreign Currency Deposit (RFCD) accounts and offshore banking policy.
25 March 2024, 15:30 PM

MFS faces growing risk of fraud

The mobile financial service (MFS) has enhanced our access to goods and services, diversified payment methods, and expanded commercial opportunities, but the sector still faces challenges.
25 March 2024, 15:20 PM

National Bank opens relocated Maijdee Court branch

National Bank recently opened a relocated branch at Jahangir Tower in Maijdee Court in Noakhali.
25 March 2024, 14:50 PM

Shahjalal Islami Bank, BB strike deal on credit guarantee facilities

Shahjalal Islami Bank recently signed a participation agreement with Bangladesh Bank to provide credit guarantee facilities for green products or projects or initiatives under a refinancing scheme of the central bank.
25 March 2024, 14:25 PM