SBAC Bank holds money laundering prevention workshop

SBAC Bank PLC recently organised a training workshop on preventing money laundering and combating terror financing at the bank’s training institute in the capital..Md Altaf Hossain Bhuyan, deputy managing director of the bank, attended the workshop as the chief guest, the bank said in a pr
27 November 2024, 14:40 PM

Eastern Bank partners with Bida to launch daycare centre

Eastern Bank PLC (EBL) and the Bangladesh Investment Development Authority (Bida) have jointly opened a daycare centre at the Bangladesh Economic Zones Authority (BEZA) office in Dhaka..Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bida, and Ali Reza Iftekhar, managing direct
27 November 2024, 14:22 PM

Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB

The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
27 November 2024, 14:08 PM

Bank Asia aims to give half of its loans to SME, retail

Bank Asia PLC plans to increase its lending to retail and small and medium enterprises (SME) to about 50 percent of its total loan portfolio, according to its Managing Director Sohail RK Hussain..“We have extensive experience in the SME sector and are now placing stronger focus on it,” he
26 November 2024, 18:27 PM

IFIC Bank donates computers to female students in Khulna

IFIC Bank PLC recently donated desktop computers and educational materials to students of Khulna Collegiate Girls’ School and KCC Women’s College to inspire young women to embrace technology and enhance their digital skills..The bank did it under its campaign, styled “Stand Beside Women in
26 November 2024, 15:45 PM

National Bank recognised as top remittance receiver

National Bank Limited (NBL) was recognised as the “Top Remittance Bank Receiver 2024” at the “Bangladesh Remittance Fair 2024” held in New York of the United States..The bank got the recognition for being the second highest receiver of remittances sent from the United States to Bangladesh,
26 November 2024, 15:44 PM

Pubali Bank signs insurance agreement with Delta Life

Pubali Bank PLC signed a group hospitalisation insurance agreement with Delta Life Insurance Company Limited as part of a strategic collaboration aimed at improving healthcare benefits for the bank’s employees..Ismat Ara Huq, general manager of the human resources division of the bank, and
26 November 2024, 15:20 PM

BB removes ICB Islamic Bank MD for fund embezzlement

However, the displaced official said the allegations are yet to be proved
26 November 2024, 12:54 PM

Renata raises Tk 536cr through bonds, preference shares

Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending. 
25 November 2024, 18:00 PM

NRB Bank gets new AMD

NRB Bank PLC has promoted Md Shakir Amin Chowdhury to the post of additional managing director (AMD)..Prior to this position, Chowdhury had been serving as a deputy managing director, the bank said in a press release..He has 38 years of banking experience..He started his bankin
25 November 2024, 14:53 PM

EBL, Danish embassy collaborate to promote climate action

The Embassy of Denmark in Bangladesh and Eastern Bank PLC (EBL) signed a joint declaration of intent yesterday..Under this, the embassy will collaborate with the bank on the “EBL Climate Change Action Award” with the common goal of promoting climate change adaptation and mitigation in Bang
25 November 2024, 14:53 PM

Bank Asia organises ‘Agent Business Meet-2024’

Bank Asia PLC recently organised a daylong “Agent Business Meet-2024” at the BURO Institute of Innovation and Development, Tangail to review business strategies and compliance..Prof MA Baqui Khalily, chairman of the board risk management committee and board audit committee of the bank, ina
25 November 2024, 14:53 PM

Jamuna Bank leads workshop on anti-money laundering and terrorist financing

Bangladesh Financial Intelligence Unit (BFIU) recently organised a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” for officials of all scheduled banks working in Thakurgaon..Jamuna Bank PLC acts as the lead bank in the workshop, the bank said in a press r
25 November 2024, 14:53 PM

Electronic filing of tax return doubles since July

Over 5 lakh submitted e-returns since July 1 to November 24
25 November 2024, 14:18 PM

BB officials demonstrate seeking removal of two deputy governors

They sought removal of Nurun Nahar and Habibur Rahman
24 November 2024, 15:08 PM

Al Arafah Islami Bank holds ‘School Banking Campaign’ in Cumilla

Al-Arafah Islami Bank recently organised a “School Banking Campaign” with the theme of “One School, One Branch, One Bank, All Banking Services” at Ibn Taymiyya School and College in Cumilla, aiming to instill the spirit of saving among students..Husne Ara Shikha, executive director of the
24 November 2024, 14:23 PM

National Bank arranges ‘Strategic Review Meeting’

National Bank recently arranged a “Strategic Review Meeting” at its training institute in the capital, focusing on current and future action plans..Md Touhidul Alam Khan, managing director and CEO of the bank, attended the meeting as chief guest, according to a press release..Khan pr
24 November 2024, 14:16 PM

Bank accounts of Shuchona Foundation frozen

Saima Wazed Putul, daughter of former prime minister Sheikh Hasina, is the founder of the foundation
24 November 2024, 14:09 PM

NCC Bank organises training on financial literacy for entrepreneurs

NCC Bank PLC, in collaboration with the Department of Youth Development (DYD), recently organised a three-day training programme on “Financial Literacy & Technical Skill Development for Women Empowerment”..A total of 100 entrepreneurs participated in the training, conducted at the Gram Unn
24 November 2024, 14:04 PM

Jalalabad Gas logs Tk 7,331cr revenue

Jalalabad Gas Transmission and Distribution System Ltd announced that they chalked up a total revenue of Tk 7,331.37 crore from the sales of 3917.819 million cubic metres (MMCM) of gas for the fiscal year 2023-24..The company deposited Tk 185.82 crore into the government exchequer in the f
24 November 2024, 13:53 PM