Mohammad Muslim Chowdhury, former comptroller and auditor general of Bangladesh and secretary to the Finance Division, has been appointed as director and chairman of Sonali Bank for the next three years..The Financial Institutions Division under the finance ministry yesterday issued a circ

Shimanto Bank recently donated money equivalent to one day’s salary of bank officials and also from the bank’s corporate social responsibility fund for the flood-affected people in different districts of the country..The financial aid will be given to the Chief Adviser’s Relief and Welfare

Southeast Bank recently donated a financial relief package worth Tk 3 crore for flood-affected people in different districts of the country, namely Feni, Cumilla, Noakhali, Lakshmipur, Brahmanbaria, Chattogram, Khagrachari, Rangamati, Habiganj and Sunamganj..Of the sum, the bank deposited

Al-Arafah Islami Bank recently launched its Keranihat branch in Chattogram’s Satkania Upazila..Khalilur Rahman, chairman of KDS Group and president of the Chattogram Metropolitan Chamber of Commerce & Industry, inaugurated the bank’s 222nd branch as chief guest, according to a press releas

Islami Bank Bangladesh declared a financial relief package worth Tk 10 crore for flood-affected people in different districts of the country..The decision was taken on Tuesday during a board of directors meeting, which was held virtually, according to a press release..Md Obayed Ullah

Pubali Bank recently organised its “2nd Business Conference-2024” for operation managers, sub-branch managers and Islamic banking window managers in the Bogura region..Mohammad Ali, managing director and chief executive officer of the bank, attended as chief guest, according to a press rel

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation

The S Alam Group is trying to sell properties that are not mortgaged to banks

The interim government has already contacted various foreign organisations seeking their assistance

Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a

Bangladesh Bank permitted Mohammed Saiful Alam and his family to seize multiple banks and funnel enormous sums as loans

The family of former land minister Saifuzzaman Chowdhury Javed lost its grip on United Commercial Bank (UCB) yesterday as the Bangladesh Bank dissolved the lender’s board of directors.

The central bank issued three separate letters to the banks

Employees of Trust Bank recently donated a financial aid package worth Tk 1 crore to people in flood-hit districts of the country..It was deposited to the Chief Advisor’s Relief and Welfare Fund to meet essential humanitarian needs of the flood victim, according to a press release..D

Employees of ONE Bank recently donated the equivalent of one day’s salary to flood-affected people in different districts of the country..The money will be given to the Chief Adviser’s Relief and Welfare Fund for flood victims, the bank said in a press release..The bank’s employees f

Employees of IFIC Bank recently donated the equivalent of one day’s salary for flood-affected people in different districts of the country..The bank issued a cheque worth Tk 1 crore for the Chief Adviser’s Relief and Welfare Fund on August 25, according to a press release..The bank a

Imports, remittances and forex reserves are likely to increase, the leading chamber says

Southeast Bank recently signed a memorandum of understanding (MoU) with Pragati Life Insurance Limited to provide banking services, including payroll banking, collection, and payment services..Nuruddin Md Sadeque Hossain, managing director of the bank, and Md Jalalul Azim, managing directo

BRAC Bank recently signed a strategic partnership agreement with agrochemical company Syngenta to offer agricultural financing solutions to marginal farmers across the country..Syed Abdul Momen, deputy managing director and head of SME banking of the bank, and Mohammad Hedayet Ullah, manag

However, the turnover saw a 34% jump from the previous day