Mohammad Mamdudur Rashid has recently been appointed as managing director (MD) and chief executive officer (CEO) of United Commercial Bank PLC..Rashid was serving NCC Bank PLC as managing director and CEO prior to joining his new job, the bank said in a press release..He began his il

Prime Bank PLC yesterday opened a sub-branch at Prime Tower in the capital’s Nikunja..This move marks a milestone in the bank’s ongoing strategy to expand its reach and provide convenient banking services across the country, said a press release..“We are excited to open our doors in

Agrani Bank PLC arranged its 940th board meeting at the bank’s head office in the capital yesterday..Syed Abu Naser Bukhtear Ahmed, chairman of the bank, presided over the meeting, the bank said in a press release..At the beginning of the meeting, Ahmed was warmly greeted with flower

The award will promote climate change adaptation and mitigation

Migrant Bangladeshis sent in $2.40 billion in September, 8.12% higher than August

Md Moklesur Rahman has been elected chairman of South Bangla Agriculture and Commerce (SBAC) Bank. The election was held at the 186th board meeting of the bank at its head office in Dhaka yesterday..Rahman, one of the sponsor directors of the bank, was serving as the vice-chairman prior to

Sheikh Mohammad Maroof, a veteran banker with almost three decades of experience in the industry, joined Dhaka Bank PLC as managing director (MD) with effect from October 1, 2024..Maroof was serving City Bank as additional managing director and chief business officer prior to his new role,

Pubali Bank PLC recently organised an “Orientation Program” for its newly recruited probationary junior officers..A total of 148 junior officers took part in the five-day-long programme, according to a press release..Mohammad Ali, managing director and chief executive officer of the

Trust Bank PLC recently organised its “Managers’ Meet 2024” at the Radisson Blu Dhaka Water Garden hotel in the capital..General Waker-Uz-Zaman, Chief of Army Staff of Bangladesh Army and chairman of the bank, attended the programme as chief guest, the bank said in a press release..D

Al-Arafah Islami Bank PLC has recently stepped into 30 years of operations in the banking sector of Bangladesh..The bank chalked out numerous programmes, including discussion meetings and prayer ceremony, at its head office, all branches and sub-branches across the country marking the 30th

The amount hit $589 million in the first two months of FY25

Southeast Bank elects its founding chairman MA Kashem as its new chairman

The Bangladesh Bank (BB) today expanded the size of the refinancing fund meant for marginalised communities to Tk 750 crore from previous Tk 500 crore, with a priority to extend financial coverage to flood victims across Bangladesh. .The refinance fund is for the small bank account h

MA Kashem was elected as chairman of Southeast Bank PLC at the bank’s 743rd board meeting yesterday..Kashem is the founder chairman and sponsor director of the bank, said a press release..He is the chairman of Rose Corner (Pvt) Limited and a member of North South University Trust and

Headed by Bangladesh Bank governor, the nine-member task force became operational with immediate effect

Eastern Bank PLC yesterday opened a priority banking centre at its Uposhohor branch on Shahjalal Uposhohor Road at NK Trade Centre in Sylhet town..This is the 22nd “Priority Centre” of the bank to offer personalised and world-class banking services to its clients, the bank said in a press

The banks’ unclassified rescheduled loan also rose, according to Financial Stability Report 2023

United Commercial Bank (UCB) PLC is on the verge of incurring losses of around Tk 75 crore as one-third of its total share market investment has been on a lone stock that has undergone price manipulation.

United Commercial Bank (UCB) recently signed an agreement with BAF Shaheen College Chattogram to enhance the tuition fee payment process..Md Sekander-E-Azam, head of transaction banking at the bank, and Group Captain Saleh Ahmed Khan, principal of BAF Shaheen College, penned the deal at BA

Community Bank Bangladesh PLC recently organised its 57th board meeting at the Police Headquarters in the Gulistan area of Dhaka..Md Mainul Islam, inspector general (IG) of Bangladesh Police and chairman of the bank, presided over the meeting, according to a press release..During the