The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.

Prime Bank PLC recently organised its “Annual Risk Conference 2024” in Marina Yasmin Chowdhury Conference Hall at its office in the capital’s Niketan in a bid to foster a better risk management culture..The conference was attended by approximately 200 participants, including branch operati

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5

Trust Bank PLC recently organised a daylong workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” at Hotel Star Pacific at East Dargah Gate in Sylhet..Mohammad Abul Hashem, director (inspection) of the Bangladesh Bank Sylhet office, attended the workshop as the

Al-Arafah Islami Bank PLC recently signed an agreement with BHT Industries Limited to provide “AIB PLC Payroll Privilege Services” (APPS) for the latter’s employees..Md Fazlur Rahman Chowdhury, deputy managing director of the bank, and Md Mashrifur Rahman, director of BHT Industries, penne

Prime Bank PLC recently organised a “BAMLCO Conference-2024” for its branch anti-money laundering compliance officers (BAMLCOs) across the country at its head office in the capital’s Gulshan..AKM Ehsan, executive director and acting head of Bangladesh Finance Intelligence Unit (BFIU), inau

BRAC Bank PLC recently signed an agreement with Pran-RFL Group, a leading conglomerate in Bangladesh, to offer advanced cash management solutions and supply chain financing to optimise their working capital and financial operation..Tareq Refat Ullah Khan, deputy managing director and head

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