Mercantile Bank PLC recently organised the “Anti Money Laundering Conference-2024” at FARS Hotel and Resorts in the capital’s Purana Paltan..Anti-money laundering compliance officers from 152 branches, heads of different branches, senior management teams and divisional heads from the head

Prime Bank PLC recently signed a partnership agreement with Footstep Bangladesh, a non-governmental organisation in Dhaka, to install water filtration systems and solar panels..Under this agreement, the bank will install water filtration systems in eight public schools in Chattogram and so

Bank Asia PLC recently signed an agreement with ShareTrip Limited, one of the leading online travel agencies of Bangladesh..Zishan Ahammad, head of cards, alternative delivery channels and internet banking of the bank, and Arup Ratan Barua, chief finance officer of the online travel agency

Janata Bank filed a case against the industrial conglomerate S Alam Group with the Chattogram Money Loan Court on Sunday over defaulted loans amounting to Tk 1,964 crore..Chattogram Money Loan Court Magistrate Mujahidur Rahman issued an embargo on the transfer of about 7.43 crore shares of

However, the final draft of the white paper on the state of economy did not disclose the names of the lenders

Midland Bank PLC launched a new sub-branch and a SME centre at Mazed Sardar Tower-1 on Haji Osman Goni Road in the capital’s Nawabpur yesterday..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the sub-branch and SME centre as the chief guest, the lender said in a pres

Exim Bank recently opened a new branch at Mirpur DOHS in the capital..This is the 152nd branch of the bank, said a press release..Md Nazrul Islam Swapan, chairman of the bank, inaugurated it as the chief guest..In his speech, Swapan said Exim Bank has now taken an initiative to

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh recently signed an agreement with DBL Lifestyles Ltd, the flagship retail brand of DBL Group, to enhance the latter’s digital payment services..Stuart Rogers, regional head of commercial banking, international markets

Mati Ul Hasan has been appointed as managing director of Mercantile Bank..Hasan had previously been serving the bank as additional managing director and chief risk officer, the bank said in a press release..He started his professional banking career at IFIC Bank as a probationary off

IFIC Bank recently organised the “IFIC Largest Banking Network Business Conference” for Rajshahi and Rangpur zones at an auditorium in Bogura..Md Mehmood Hussain, chairman of IFIC Bank, shared insights on the bank’s future plans and key development initiatives as the chief guest, according

BRAC Bank leaders called for preparedness to face the risks likely to surface in the future as the bank organised its “Annual Risk Conference 2024”..Veteran bankers and experts weighed in on unseen risks, especially in the digital banking ecosystem and cyberspace, as the banking sector nav

Eastern Bank PLC (EBL) recently signed an agreement with Baywatch, a resort located in Cox’s Bazar..M Khorshed Anowar, deputy managing director and head of retail and SME banking of the bank, and Md Nizam Uddin Al Sumon, cluster manager (operation and sales) of the hospitality property, pe

National Bank has been able to recover about Tk 900 crore of defaulted loans as of October and initiatives are underway to recover another Tk 400 crore by this year, said its chairman, Abdul Awal Mintoo, yesterday. .He was addressing a press conference at its head office in the capital’s

Mirza Azhar Ahmad has recently joined Bank Asia PLC as deputy managing director (DMD) and chief operating officer..Ahmad started his career at Standard Chartered Bank in 1999 and served there till 2022, the bank said in a press release..He previously worked at ONE Bank PLC as senior

Midland Bank PLC recently signed a memorandum of understanding (MoU) on an online cash management solution with BP Manufacturing (BD) Co Ltd, a toy manufacturing company..Muhammad Majidul Haq Patwary, vice-president and head of institutional banking division of the bank, and Wong Chi Yu Be

Southeast Bank PLC, in collaboration with Nari Unnayan Forum -- a non-government organisation (NGO) in Bangladesh -- provided financial support to grassroots farmers from a special fund as part of its corporate social responsibility (CSR)..The finance covers areas like “increasing yield in

BRAC Bank PLC recently signed a cash management services agreement with Robi Axiata Limited to deliver advanced cash management services tailored to enhance their financial operations..Tareq Refat Ullah Khan, deputy managing director and head of corporate and institutional banking at the b

IFIC Bank PLC launched a new feature integrated QR-based cashless payment facility into the IFIC Aamar Bank App, the digital banking solution of the bank..Syed Mansur Mustafa, managing director of the bank, inaugurated the feature by making a payment at a cafeteria at IFIC Tower in the cap

The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami

The International Finance Corporation (IFC), a member of the World Bank Group, will invest $50 million in City Bank PLC to help small and medium enterprises (SMEs) in Bangladesh grow businesses, create jobs, and boost economic recovery..The international financial institution signed an agr