BRAC Bank recently launched a new initiative under the “Women Leadership Development Program” with a view to developing personal and professional growth opportunities for female co-workers..In light of this, the bank also set a target to be a top runner in women's empowerment and female le

Businessman Tanveer Ahmed has been elected as the vice-chairman of Meghna Bank PLC..Ahmed possesses a 15-year business experience in the readymade garment (RMG) industry and construction sector and has led the Elegant Group from the frontline since 2007 in Bangladesh, according to a press

Social Islami Bank PLC organised a programme, styled “Account Opening Campaign and Tree Plantation” at the Habibullah Bahar University College in the capital’s Shantinagar yesterday..Under the initiative of the bank’s Kakrail branch, the five-day event will end on October 28, the bank said

Commercial Bank of Ceylon PLC recently opened its relocated sub-branch of CEPZ offshore banking unit at the Commercial Complex of Chattogram Export Processing Zone (CEPZ), South Halishahar in Chattogram..Najith Meewanage, chief executive officer of the bank, inaugurated the branch, the ban

Ibn Sina Diagnostic and Consultation Center, Uttara recently signed an agreement with Al-Arafah Islami Bank PLC to avail the bank’s payroll privilege services..Md Fazlur Rahman Chowdhury, deputy managing director of the bank, and Golam Mortuza Mashud, general manager (accounts and finance)

Trust Bank PLC has promoted its senior executive vice-president Md Kamal Hossain Sarker to the post of deputy managing director (DMD) with effect from October 1..Prior to his new assignment, Kamal Hossain Sarker was also serving as the bank’s head of CRM division, according to a press rele

Mohammad Ali joined Rajshahi Krishi Unnayan Bank (Rakub) as the chairman on Tuesday..Ali was a renowned professor of economics at Rajshahi University, the bank said in a press release..He started his professional career as a lecturer at Chittagong University in 1982..During his

Mutual Trust Bank (MTB) PLC organised a press meet, titled “A Quarter Century of Trust & Progress”, to mark its 25th founding anniversary at the Samson H Chowdhury Auditorium of MTB Tower in the capital’s Bangla Motor..Syed Mahbubur Rahman, managing director and CEO of the bank, attended t

AB Bank PLC recently signed a memorandum of understanding (MoU) with Heritage Resort Limited, located at Nawapara in Narsingdi’s Madhabdi..Tarique Afzal, managing director and CEO of the bank, and Menhazur Rahman Bhuiyan, managing director of the resort, penned the MoU at the latter’s offi

Pubali Bank PLC recently held an orientation programme for newly recruited deputy junior officers. .A total of 218 officers took part in the five-day programme, which aimed to familiarise participants with the bank’s concepts, principles, rules, regulations, laws and practices..Moham

RSB Industrial Limited, a Chattogram-based industrial entity in the clothing, fashion, textile and fabrics sectors, recently signed a payroll banking agreement with Eastern Bank PLC..M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Anj

Midland Bank PLC yesterday signed a memorandum of understanding (MoU) with Sea Pearl Beach Resort & Spa, located on Inani Beach in Cox’s Bazar..Md Abdul Awal, group director of sales and marketing at the resort, and Md Rashed Akter, head of retail distribution division and chief bancassura

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days

The government has appointed managing directors for six state-owned commercial banks after keeping the posts vacant for more than a month.

Mohammad Zahid Hossain joined Bangladesh Krishi Bank as its chairman on Sunday..Hossain previously performed his responsibilities as a principal economist for the South Asia Department at the Asian Development Bank (ADB), said a press release..He worked at the Manila-based multilater

Bengal Commercial Bank PLC recently opened a new branch in Narayanganj. This is the 30th branch of the bank, according to a press release..Md Jashim Uddin, chairman of the bank, inaugurated the branch..Ghulam Mohammed Alomgir, vice-chairman of the bank, and Mohammad Hatem, president

Southeast Bank PLC recently held its 745th board meeting at the bank’s head office in Dhaka..MA Kashem, chairman of the bank, presided over the meeting, the bank said in a press release..As one of the leading financial institutions in the country, the bank continues to show steady gr

Bank Asia PLC is currently offering home finance and investment facilities at its "lowest-ever profit rate", making it easier for people to build or own their dream homes..Under Bank Asia’s Islamic Banking services, customers can avail home finance or investment at a profit or rent rate of

The new measure will be effective from November 1 this year

Agrani Bank PLC yesterday opened the Bashundhara Residential Area branch in Dhaka to expand its banking services further..This is the 979th branch of the bank, according to a press release..Wahida Begum, chief executive officer (current charge) of the bank, inaugurated the branch as