Salaries will be increased a minimum of 10 percent and a maximum of 50 percent

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.

AB Bank launched an internet banking app named “AB Direct" and introduced four new products in the market..Using the new app, AB Bank’s customers can now enjoy banking services from anywhere and everywhere..Alongside that, four new products, AB Ilham, AB Amani, Kotipoti Deposit Schem

Citizens Bank recently organised an “Annual Risk Conference – 2024” at its head office in the capital’s Motijheel..Mohammad Masoom, managing director and chief executive officer of the bank, presided over the conference, the lender said in a press release..Divisional heads, branch ma

Midland Bank PLC recently signed a memorandum of understanding (MoU) with chaldal.com, the largest online grocery retail platform in Bangladesh..The online grocery retailer has more than 50,000 subscribers and 200-plus business customers across Dhaka..Iftekharul Alam, chief operating

BRAC Bank has signed an agreement with Seven Rings Cement to deliver a suite of comprehensive cash management solutions designed to optimise its financial operations..As part of this collaboration, the cement producer will benefit from the bank’s cutting-edge CORPnet platform, a digital ca

Bengal Commercial Bank PLC recently organised the “Annual Risk Conference 2024” at the bank’s head office in the capital’s Gulshan, with a pledge to ensure robust risk management, regulatory compliance and to raise awareness on risk management..Tarik Morshed, managing director and CEO of t

Shahjalal Islami Bank PLC yesterday opened a sub-branch at Sorojgonj in Chuadanga to provide advanced banking services..This is the 5th sub-branch of the bank. The sub-branch will conduct all its banking activities under the Chuadanga branch of the bank..Mosleh Uddin Ahmed, managing

Mutual Trust Bank PLC (MTB) released its “10th Annual Sustainability Report for 2023”, styled “A Decade of Sustainable Commitment”, in line with the Global Reporting Initiative (GRI) standards, at its head office in the capital’s Banglamotor recently..The report highlights the bank’s effor

Prime Bank PLC has recently signed a payroll agreement with AkijBashir Group, a business conglomerate in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Shamsuddin Ahmed, deputy managing director of the business group, penned the deal at the latter’s corporate

SBAC Bank PLC held the “Annual Risk Conference 2024” at its training institute in the capital yesterday..Mohammad Nazmul Huq, chairman of the risk management committee and director of the bank, inaugurated the daylong conference as chief guest, according to a press release..Habibur R

Mercantile Bank PLC organised “Risk Conference 2024” at the bank’s head office in Dhaka yesterday..A total of 421 officials took part in the conference, the bank said in a press release..Md Mezbaul Haque, executive director of the Bangladesh Bank, inaugurated the conference as the ch

NCC Bank organised a daylong conference on “Prevention of Money Laundering & Combating the Financing of Terrorism” for branch anti-money laundering compliance officers (BAMLCOs) at the bank’s head office in Dhaka yesterday..A total of 128 BAMLCOs of the bank from across the country partici

National Bank Limited organised a “Regional Business Conference” at the Surjodip Convention Centre in Mymensingh yesterday..Abdul Awal Mintoo, chairman of the bank, inaugurated the conference as the chief guest, the commercial lender said in a press release..During the event, Mintoo

Eastern Bank PLC (EBL) recently entered into a partnership agreement with SOS Children’s Villages International in Bangladesh (SOSCV) under which the bank provided a total of Tk 0.6 crore..This collaboration will see EBL funding the total medical expenses for all the children of the villag

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce

Exim Bank PLC opened a new branch in Barguna yesterday..This is the 153rd branch of the bank, the commercial lender said in a press release..Mohammad Feroz Hossain, managing director and CEO of the bank, inaugurated the branch as the chief guest..Hossain discussed the details o

Mercantile Bank PLC launched a CRM booth at its head office in the capital yesterday, offering 24/7 cash deposit and withdrawal services through a single machine..Mati Ul Hasan, managing director of the bank, inaugurated the facility as chief guest, the bank said in a press release..

Bank Asia PLC has awarded its employees for their remarkable performance in the deposit mobilisation campaign..The award-giving ceremony was organised at Bank Asia Tower in the capital’s Karwan Bazar yesterday, the bank said in a press release..Sohail RK Hussain, managing director of

Southeast Bank PLC recently provided financial support of Tk 25 lakh to Sylhet Agricultural University in a bid to facilitate research activities in the agricultural sector under the bank’s special corporate social responsibility (CSR) fund..The financial assistance was handed over to Prof