Eastern Bank, icddr,b sign deal on healthcare waste management

Eastern Bank PLC signed an agreement with the International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) to provide support in healthcare waste management and addressing water scarcity in coastal Bangladesh..As part of corporate social responsibility, the total support prov
4 November 2024, 15:14 PM

Agrani Bank gets new CEO

Agrani Bank PLC yesterday promoted a deputy managing director to the post of chief executive officer (CEO) for a three-year term..The official, Md Anwarul Islam, had joined as a senior officer in 1988 and served as the general manager of Dhaka, Khulna and Faridpur, as well as the zonal hea
3 November 2024, 15:34 PM

Al-Arafah Islami Bank holds Ctg business conference

Al-Arafah Islami Bank PLC organised a “Business Development Conference-2024” for managers of its 42 Chattogram branches at a hotel in the port city recently..The event was presided over by Farman R Chowdhury, managing director and CEO, and moderated by Md Fazlur Rahman Chowdhury, deputy ma
3 November 2024, 15:33 PM

Ahmed Ismet made BDB chairman

A new chairman has been appointed to Bangladesh Development Bank PLC..The appointee, Ahmed Ismet, was an adviser to the board of Wall Street Exchange, Dubai..He previously worked as managing director (current charge) and head of consumer banking concurrently in Eastern Bank PLC, the
3 November 2024, 15:31 PM

Mirpur agri school avails MTB payroll services

Mutual Trust Bank (MTB) PLC has signed an agreement with the Mirpur Agricultural Workshop and Training School (MAWTS) recently to provide payroll banking services..Syed Mahbubur Rahman, managing director and CEO of the bank, and James Gomes, director of the MAWTS, penned the deal at the ba
3 November 2024, 15:18 PM

Southeast Bank offers cash services to bKash

Southeast Bank PLC recently signed a memorandum of understanding (MoU) with bKash to provide 24/7 cash management services to the distributors, agents and merchants of bKash through linked Southeast Bank accounts..Nuruddin Md Sadeque Hossain, managing director of the bank, and Kamal Quadir
3 November 2024, 14:49 PM

Agent banking sees rise in female participation

Women now account for 49.67 percent of the total deposits made through agent banks
3 November 2024, 04:41 AM

Cyber intelligence detects illegal transactions on dual currency credit cards

Bangladesh Bank recommends 17 cyber security measures for banks
2 November 2024, 14:47 PM

Islami Bank promotes 6 officials to DMD post

Islami Bank Bangladesh PLC has promoted six senior executive vice-presidents to the post of deputy managing director (DMD)..The promotees are Mahmudur Rahman, Md Rafiqul Islam, Muhammad Sayeed Ullah, KM Munirul Alam Al-Mamoon, M Kamaluddin Jasim and Md Maksudur Rahman, the bank said in a p
2 November 2024, 14:43 PM

Eastern Bank strikes deal with Best Western Heritage

Eastern Bank PLC recently signed an agreement with Best Western Heritage, a luxury hotel in Cox’s Bazar..M Khorshed Anowar, deputy managing director and head of retail and SME banking of the bank, and Md Shamim Hasan, head of sales and marketing of the hotel, penned the deal at the bank’s
2 November 2024, 14:42 PM

Social Islami Bank launches ‘Building a Stronger Tomorrow’ campaign

Social Islami Bank recently launched a campaign, styled “Building a Stronger Tomorrow”, at its head office in Dhaka and unveiled a new motto “Resilience, Recovery, and Rejuvenate.”.M Sadiqul Islam, chairman of the bank, inaugurated the campaign as chief guest, according to a press release.
2 November 2024, 14:29 PM

Heidelberg Materials to avail BRAC Bank solutions

BRAC Bank and Heidelberg Materials Bangladesh signed a deal recently on tailored financial services covering collection, payment and reconciliation solutions. .Terence Ong Kian Hock, managing director of the multinational building materials company, and Tareq Refat Ullah Khan, deputy mana
2 November 2024, 14:27 PM

Social Islami Bank fires 579 probationary officers appointed by S Alam

Crisis-hit Social Islami Bank has terminated 579 probationary officers who were allegedly appointed illegally by Chattogram-based conglomerate S Alam group..The human resource department of the Shariah-based lender sent letters to the 579 officers on Thursday, informing them that their ser
31 October 2024, 16:09 PM

BB governor takes charge as Saarc Finance Network chairperson

The BB governor took the charge at the 46th Saarc Finance Governors' Group Meeting held in Washington on October 24
31 October 2024, 15:33 PM

US secret service to train Bangladeshi agencies

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training
31 October 2024, 14:55 PM

United Commercial Bank launches ‘CyberSource’ for businesses

United Commercial Bank (UCB) PLC signed an agreement with Visa to launch a payment gateway solution, styled “CyberSource”, aimed at enhancing payment management for businesses and merchants..Mohammad Mamdudur Rashid, managing director and CEO of the bank, and Sabbir Ahmed, country manager
31 October 2024, 14:27 PM

Govt won't allow shortage of essentials: Salehuddin

The interim government will see to it that there is no shortage of any essential commodity even though there are financial constraints, said Finance Adviser Salehuddin Ahmed yesterday..“We have been repeatedly saying that we will not allow people to suffer for a shortage of essential commo
30 October 2024, 18:24 PM

Shawkat Ali made new MD of Sonali Bank

Md Shawkat Ali Khan has been appointed as the managing director (MD) and chief executive officer (CEO) of Sonali Bank PLC..Prior to joining Sonali Bank, Khan had been serving at Bangladesh Krishi Bank as managing director, the bank said in a press release..He started his career at Ru
30 October 2024, 15:10 PM

Social Islami Bank gets new DMD

Social Islami Bank PLC has promoted an official to the post of deputy managing director (DMD)..The official, Md Nazmus Saadat, had been serving as a senior executive vice-president and head of the managing director’s secretariat and investment wing of the bank concurrently prior to his new
30 October 2024, 15:10 PM

Nurun Newaz elected as NCC Bank chairman

Md Nurun Newaz was elected as the chairman of NCC Bank PLC in a meeting of the board of directors of the bank on Monday..As an eminent industrialist and entrepreneur of the country, Salim is the chairman of Electro Mart Ltd and Trade International Industries Ltd, the bank said in a press r
30 October 2024, 15:09 PM