The newly appointed board of National Bank PLC (NBL) will scrutinise all waived and written-off loans and interests, regardless of whether they were justified or not.

Mohammad Abdul Awal (Sumon) has been elected the chairman of the risk management committee of Mercantile Bank PLC..The election was held at the bank’s 448th board meeting in Dhaka recently, the bank said in a press release..Awal, former chairman of Express Insurance Limited, is the m

Eastern Bank PLC recently opened its 38th sub-branch at Chandaikona of Raiganj upazila in Sirajganj..M Khorshed Anowar, Eastern Bank’s retail and SME banking head, inaugurated the sub-branch, the bank said in a press release..The bank has been gradually expanding its sub-branch netwo

Al-Arafah Islami Bank PLC opened its 224th branch in Chandpur recently..Farman R Chowdhury, managing director and CEO of the bank, inaugurated the branch as the chief guest, the bank said in a press release..Chowdhury said that the country’s socioeconomic development is possible alon

The interests of both consumers and producers of goods, including essential food commodities, need to be kept in mind during market monitoring, said Salehuddin Ahmed, finance and commerce adviser to the interim government, yesterday..While there will be regular market monitoring to prevent

Community Bank Bangladesh PLC recently held its 56th board meeting at the Police Headquarters in Dhaka..Inspector General of Police (IGP) Md Mainul Islam, who is the chairman of the bank, presided over the meeting, said a press release..During the meeting, a number of important decis

Meghna Bank PLC recently signed a memorandum of understanding (MoU) with Sheba.XYZ, an on-demand service delivery platform in Bangladesh..Kimiwa Saddat, deputy managing director of the bank, and Ronald Micky, chief operating officer of the on-demand service delivery platform, penned the Mo

The newly formed board of United Commercial Bank PLC held their first meeting at the bank’s corporate head office in Dhaka yesterday..Sharif Zahir, chairman of the bank, presided over the meeting, the bank said in a press release..Reviewing its overall financial condition, the bank e

Southeast Bank PLC has provided financial support worth Tk 20 lakh to Habiganj Agricultural University for agricultural research under its special corporate social responsibility (CSR) fund..Nuruddin Md Sadeque Hossain, managing director of the bank, handed over a cheque to Prof Md Abdul B

EXIM Bank yesterday held its 175th emergent board meeting at the bank’s head office in Dhaka..Md Nazrul Islam Swapan, chairman of the bank, presided over the meeting, according to a press release..Md Nurul Amin Faruk and Anjan Kumar Saha, directors of the bank, and SM Rezaul Karim an

Eastern Bank PLC inaugurated its 21st priority centre for customers at Uttara Model Town in Dhaka yesterday..Located at Canyon Tower on Sonargaon Janapath Road, the centre will offer personalised and world-class banking services to clients, the bank said in a press release..Ali Reza

Bank Asia has recently organised its 47th Shariah Supervisory Committee meeting at Bank Asia Tower in the capital’s Karwan Bazar..Mufti Shahed Rahmani, chairman of a reconstituted Shariah Supervisory Committee of the bank, Maulana Shah Mohammad Wali Ullah, member secretary, and Maulana Muh

In the first week of July, the Bangladesh Bank and Islami Bank Bangladesh completed a US dollar-taka trade, a typical mutual currency deal, which was supposed to replenish the central bank’s dwindling forex reserves and provide the cash-strapped Shariah-based lender with some liquidity support.<

The International Division of Southeast Bank PLC has been awarded the International Organisation for Standardization (ISO) certification by the Bureau Veritas (Bangladesh) Pvt Ltd, a globally recognised certification body for establishing a quality management system..Nuruddin Md Sadeque Ho

Union Bank’s newly constituted board of directors held their first meeting at the bank’s head office in Dhaka recently..Md Fariduddin Ahmed, chairman of the bank, presided over the meeting, the bank said in a press release..Md Humayun Kabir, Mohammed Saiful Alam, Shahidul Islam Zahid

Pubali Bank PLC recently organised an orientation programme for newly recruited probationary junior officers..A total of 136 officers took part in the five-day long programme at the bank’s head office in Dhaka..The course is designed to familiarise the participants with the concepts,

Mohammad Abdul Mannan has recently been made chairman of the reconstituted board of directors of First Security Islami Bank PLC..Previously, Mannan served as managing director of Islami Bank Bangladesh PLC for a long time, according to a press release..Although there were some previo

A new chairman has been appointed at state-owned Agrani Bank, according to a letter issued by Financial Institutions Division under the Ministry of Finance yesterday..The appointee, Syed Abu Naser Bukhtear Ahmed, was once appointed by the government in 2004 to serve as the managing directo

BRAC Bank’s branch network logged net deposit growth of Tk 1,600 crore in August this year..This is a commendable achievement as the growth has been accomplished despite the unstable political situation in the country, which caused prolonged disruption of banking operations, according to a

Shahjalal Islami Bank PLC recently donated a financial relief package worth Tk 1.50 crore for flood-affected people in different districts of the country under its corporate social responsibility (CSR) programme..The aid will be deposited to the Chief Adviser’s Relief and Welfare Fund for