BRAC Bank has opened a dedicated client service unit in a bid to facilitate international trade for its corporate and institutional customers..Tareq Refat Ullah Khan, acting managing director and CEO of the bank, inaugurated the service unit at the bank’s head office in the capital’s Gulsh

The LC margin can be set up based on the banker-customer relationship

ONE Bank has promoted Md Anwarul Islam to the post of deputy managing director (DMD) with effect from January 1 this year..Prior to his promotion to DMD, Islam was concurrently serving the bank as a senior executive vice-president, chief legal officer and head of recovery division, said a

BRAC Bank has been awarded with the “Remittance Award 2024” by the Ministry of Expatriates’ Welfare and Overseas Employment for attaining the 4th position in terms of remittance volume among all the banks in the country during the fiscal year 2023-24..Asif Nazrul, adviser to the Ministry o

Remittance inflow also broke single-month record in December

Bangladesh Bank (BB) has extended a total of Tk 12,500 crore in emergency funds to three beleaguered banks to dress up their balance sheet ahead of the year’s end. 

AKM Abdul Alim has been elected as the vice-chairman of Standard Bank PLC..The election was held at the 404th meeting of the board of directors of the bank in the capital recently, said a press release..He is a member of the audit committee and observer of the Shariah Supervisory Com

Syed Manzur Elahi, founding chairman of MTB and Pioneer Insurance Company Limited, has been elected as the chairman of Mutual Trust Bank PLC (MTB)..He served the bank as vice-chairman and chairman of the board executive committee for the last two years, said a press release..Elahi is

Mercantile Bank PLC has appointed Md Zahid Hossain as a deputy managing director (DMD) and chief business officer (CBO). .Hossain previously served Bank Asia PLC as the senior executive vice-president and divisional head, the bank said in a press release..With over 29 years of exper

NRBC Bank PLC has organised the BAMLCO Conference 2024 at a hotel in Cox’s Bazar recently..Around 300 officials, comprising all of the bank’s branch heads and branch anti-money laundering compliance officers, participated in the event..Md Rabiul Islam, managing director and CEO (curr

IFIC Bank has expanded its operations to Jagannathpur upazila of Sunamganj with a new branch..Md Rafiqul Islam, deputy managing director and chief of branch business of the bank, inaugurated the branch as the chief guest, said a press release..During the inauguration, Islam said IFIC

Midland Bank PLC has signed a memorandum of understanding (MoU) with Easy to Europe, a consultancy firm based in Germany, and Tripzik Limited, a travel company, for an online cash management solution..Mohd Javed Tarek Khan, head of the bank’s institutional banking division, Md Zahid Hasan,

The Bangladesh Bank (BB) today relaxed the limit on foreign currency that can be taken abroad for the treatment of individuals injured during the July-August mass uprising that ousted the previous regime.

The Bangladesh Financial Intelligence Unit has requested information on the bank accounts of 12 journalists within three working days. 

NRBC Bank PLC has extended its banking operations to Kathalia upazila of Jhalakathi with a new branch. .This is the 109th branch of the bank, the commercial lender said in a press release..AKM Mostafizur Rahman, director and chairman of the risk management committee of the bank, inau

Mercantile Bank PLC has opened a sub-branch on Main Road at Kasari Para in Meherpur to provide easy and tech-savvy banking services to customers..This is the 45th sub-branch of the bank which will be conducted under the Chuadanga branch..Mati Ul Hasan, managing director of the bank,

Pubali Bank PLC has opened a sub-branch in the capital’s Kalabagan area with a view to provide advanced banking services for its customers..Mohammad Ali, managing director and CEO of the bank, inaugurated the sub-branch yesterday as the chief guest, the bank said in a press release..

Trust Bank PLC has signed a strategic agreement with bKash Limited to provide payroll banking facilities for the latter’s employees..Mahboob Hossain, senior executive vice-president of the bank, and Mohammed Ferdous Yusuf, chief human resources officer of bKash, penned the deal at the bank

BRAC Bank has signed a partnership agreement with North South University (NSU) to deliver advanced cash management solutions..Prof Abdul Hannan Chowdhury, vice-chancellor of NSU, and Tareq Refat Ullah Khan, deputy managing director and head of corporate and institutional banking at the ban

A rise in foreign trade is helping the port recover from the global economic downturn