Uttara Bank’s profit falls 26pc in Q3

Uttara Bank Limited’s profit fell 26 per cent year-on-year to Tk 45.70 crore in the July-September quarter of 2022.  
25 October 2022, 18:00 PM

City Bank’s profit up in Jul-Sep

The City Bank Ltd reported a 10.60 per cent year-on-year increase in profit at Tk 112.85 crore in the July-September quarter of 2022.  
25 October 2022, 18:00 PM

Non-banks urge BB to relax rules of interest rate cap

Non-bank financial institutions have requested the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to convince Bangladesh Bank for relaxing some rules related to interest rate cap and loan repayment given their weak financial health.
25 October 2022, 03:40 AM

One Bank booth to open at Bhomra

One Bank and Bangladesh Land Port Authority signed an agreement recently to set up a banking booth at Bhomra Land Port in Satkhira.  
24 October 2022, 18:00 PM

UCB’s profit falls 21pc

United Commercial Bank Ltd’s profit declined 21 per cent year-on-year to Tk 67.49 crore in the July-September quarter this year.  
24 October 2022, 18:00 PM

Prime Bank to issue Tk 600cr bond

Prime Bank Ltd has decided to issue an unsecured, non-convertible and redeemable subordinated bond of Tk 600 crore for seven years to enhance its capital base. 
23 October 2022, 18:00 PM

Bafeda refixes dollar rates

Banks in Bangladesh today refixed the rates at which they would buy US dollars from exporters and foreign exchange houses that mobilise remittances from migrant workers.
23 October 2022, 15:40 PM

Anwarul Islam, now executive director of Bangladesh Bank

Anwarul Islam, director of the department of offsite supervision at Bangladesh Bank, was promoted to be the executive director of the central bank today.
23 October 2022, 12:36 PM

AB Bank cardholders to get discounts at GD Assist

AB Bank and GD Assist, a subsidiary of Green Delta Insurance Company, signed an agreement recently offering the lender’s cardholders up to 10 per cent discount on different services under the latter’s health package. 
22 October 2022, 18:00 PM

Jamuna Bank reappoints MD

Jamuna Bank has reappointed its managing director and CEO for a five-year term, effective from today. 
20 October 2022, 18:00 PM

Shahjalal Islami Bank’s profit rises 36pc in Jul-Sep

Shahjalal Islami Bank Ltd’s profit rose more than 36 per cent year-on-year to Tk 101.57 crore in the July-September quarter. 
20 October 2022, 18:00 PM

Shahjalal Islami Bank’s profit rises 36%

Shahjalal Islami Bank Ltd’s profit rose more than 36 per cent year-on-year to Tk 101.57 crore in the July-September quarter.
20 October 2022, 09:51 AM

HC queries about actions taken against Tk 3,700 crore scammers

The High Court today wanted to know what action has been taken against the persons, including five deputy governors of Bangladesh Bank, who were reportedly involved in the financial scam of Tk 3,700 crore.
18 October 2022, 11:50 AM

City Bank offers 2pc extra on Malaysian remittance

City Bank has announced that it would provide Bangladeshi migrants in Malaysia 2 per cent of whatever they send home as remittance on top of the 2.5 per cent provided by the government as an incentive. 
17 October 2022, 18:00 PM

Bank Asia signs ‘issuing bank agreement’ with Exim Bank of India

Bank Asia has signed an “Issuing Bank Agreement” with the Export-Import (Exim) Bank of India to avail a “Trade Assistance Programme” (TAP). 
17 October 2022, 18:00 PM

Dhaka Bank inks issuing bank deal with Exim Bank of India

Dhaka Bank signed an issuing bank agreement with Exim Bank of India under the latter’s Trade Assistance Programme in Dhaka yesterday.
16 October 2022, 18:00 PM

Brac Bank conducts fire-safety drill

Brac Bank in collaboration with the Department of Fire Service and Civil Defence conducted a fire-safety and emergency evacuation drill at the bank’s head office in Dhaka as part of its continuous effort to ensure workplace safety and security for its people.
16 October 2022, 18:00 PM

Bank Asia launches Bangladesh’s first ATM booth for women

Bank Asia has launched the country’s first women’s ATM booth at Sonakanda in Keraniganj, Dhaka aiming to encourage females’ access to digital transactions and improving financial management.
13 October 2022, 18:00 PM

Padma Bank launches home loans

Padma Bank recently launched a slew of new home loan products designed as per the income of customers.
12 October 2022, 18:00 PM

Brac Bank, TTC Kurigram sign deal

Brac Bank recently signed an agreement with Technical Training Centre (TTC) Kurigram to provide banking services to the institution.
12 October 2022, 18:00 PM