Union Bank PLC recently arranged the 4th meeting of the newly formed executive committee of the bank at its head office in the capital’s Gulshan..Md Fariduddin Ahmad, chairman of the executive committee of the bank, presided over the meeting, according to a press release..Md Humayun

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

Bengal Commercial Bank PLC recently adopted “Bangla QR" code, which was earlier launched by the Bangladesh Bank, with pledges to make banking facilities more advanced and easier..Tarik Morshed, managing director and CEO of the bank, inaugurated the technology-driven Bangla QR code payment

SBAC Bank PLC recently conducted a daylong workshop on “Prevention of Money Laundering & Combating Financing of Terrorism” for officers for Khulna region of the bank in Khulna..Md Masoodur Rahman, chief anti-money laundering compliance officer of the bank, attended the workshop as the chie

New 17-member panel will work to produce globally-accepted data

Shimanto Bank PLC recently arranged a “Branch Anti Money Laundering Compliance Officers (BAMLCO) and Departmental Anti Money Laundering Compliance Officers (DAMLCO) Conference 2024” at its head office in Dhaka..AKM Ehsan, acting head of Bangladesh Financial Intelligence Unit (BFIU), attend

NCC Bank recently entered into a strategic agreement with General Pharmaceuticals Limited to provide payroll banking services as part of its cash management solutions..This partnership aims to deliver customised and privileged financial services to the drug maker’s employees..Mahbub

Eastern Bank PLC (EBL) has organised an “Annual Risk Conference 2024’ with an objective to navigate risk through vigorous risk assessment and ensure prudent risk management..The daylong conference was held at the bank’s head office in the capital’s Gulshan yesterday to review the bank’s li

Midland Bank recently signed a memorandum of understanding (MoU) with Sheba Fintech Limited to advance digital banking and financial inclusion..Md Zahid Hossain, deputy managing director of the bank, and Ilmul Haque Sajib, managing director of Sheba Fintech, penned the MoU at the bank’s he

The earlier age limit was 30

State-run Janata Bank has been partly exempted from the Bank Companies Act-1991 so that it can lend money to Beximco Group, a loan defaulter. 

National Bank Limited organised a “Regional Business Conference” for its Barishal zone officials at Hotel Grand Park in the city yesterday..Abdul Awal Mintoo, chairman of the bank, attended it as the chief guest, the bank said in a press release..During the event, Mintoo encouraged t

Ali Reza Iftekhar, managing director and CEO of Eastern Bank PLC, has been awarded the “C-Suite CEO of the Year 2024” in the Financial Institutions category at the Bangladesh C-Suite Awards 2024 at Le Méridien Dhaka..The award was presented to Iftekhar in recognition of his exceptional lea

Southeast Bank PLC recently organised an engagement programme for representatives of the leading hajj agencies at the bank’s head office in Dhaka..While inaugurating the event, MA Kashem, chairman of the bank, reaffirmed its commitment to fostering strong partnerships and providing tailore

Prime Bank PLC recently signed an agreement with Simpletree, a brand of local real estate developer Spacezero Limited..Md Ziaur Rahman, deputy managing director and chief risk officer of the bank, and Gazi Zahidul Islam, head of business development and customer management of Spacezero Ltd

BRAC Bank’s branch network recently celebrated a record achievement of a net deposit growth of Tk 12,000 crore in 2024 amid the deposit crisis in the banking industry..The bank’s branch distribution network has acquired a remarkable capability of making monthly Tk 1,000 crore net deposit g

Uttara Bank PLC opened a new branch at Chakaria in Cox’s Bazar yesterday..This is the 248th branch of the bank, according to a press release..Mohammed Rabiul Hossain, managing director and CEO of the bank, inaugurated the new branch as the chief guest..Md Rezaul Karim, deputy m

Feroz Ahmed and Md Fazlur Rahman were recently elected as vice-chairmen of AB Bank PLC at the 802nd board meeting of the bank..Ahmed was serving the bank as a director, said a press release..He is chairman of Elite Paint Group and managing director of Elite International Limited, Hex

Exim Bank opened a new branch at Tongibari in Munshiganj yesterday..This is the 154th branch of the bank, said a press release..Mohammad Feroz Hossain, managing director and CEO of the bank, inaugurated the branch as chief guest. .Hossain discussed the details of the various de