52 digital bank licences sought

Fifty-two applications have been filed by companies such as banks, fintec firms and mobile financial service providers to roll out digital banks, Bangladesh Bank Spokesperson Md Mezbaul Haque confirmed today.
20 August 2023, 08:22 AM

Bar on Ron Haque to attend National Bank’s meetings

The bank did not take prior approval for re-electing Ron as a director
19 August 2023, 15:34 PM

Pathao wants to establish Pathao Digital Bank

The ride-sharing company will utilise its own fund
19 August 2023, 12:46 PM

Islami Bank launches remittance campaign

Islami Bank Bangladesh PLC launched a campaign styled “Islami Bank-Instant Cash Remittance Fiesta”.
17 August 2023, 18:00 PM

EBL’s webinar on vision of Bangabandhu

Eastern Bank Limited (EBL) yesterday organised a webinar titled “Father of the Nation Bangabandhu Sheikh Mujibur Rahman’s Vision of a Developed Bangladesh”, marking the 48th National Mourning Day.
17 August 2023, 18:00 PM

Dhaka Bank to invest in digital bank

Hopping on the bandwagon with other conventional lenders that will establish digital banks, Dhaka Bank yesterday said it would invest Tk 12.5 crore to become a sponsor shareholder of a proposed digital bank.
17 August 2023, 18:00 PM

BB asks 5 Shariah banks to resolve liquidity crisis

Bangladesh Bank has directed five Shariah-based banks to resolve their current liquidity crisis while three of them were asked to bring down their advance-deposit ratio (ADR) within the regulatory limit as soon as possible. 
17 August 2023, 18:00 PM

Bank Asia, Swisscontact sign MoU

Bank Asia Ltd and Swisscontact Bangladesh have signed a memorandum of understanding (MoU) to promote accessible and small-ticket-sized women-friendly savings products for the RMG workers and their community members so that their financial resilience improves.
16 August 2023, 18:00 PM

AIBL approves 15% dividends

Al-Arafah Islami Bank Ltd (AIBL) has approved 15 percent dividends, including 12 percent cash dividend, for the year that ended on December 31, 2022.
16 August 2023, 18:00 PM

NRB Bank re-elects Amin as risk management committee chair

Khandakar Ruhul Amin has been re-elected as the chairman of the risk management committee of NRB Bank Ltd at a meeting of the bank’s board of directors recently.
16 August 2023, 18:00 PM

Bangladeshis spend more abroad than foreigners do here

Bangladeshis spend higher amount of money abroad through credit cards compared to the foreign nationals roaming inside Bangladesh, according to a central bank report released yesterday.
16 August 2023, 18:00 PM

Prime Bank to set up two subsidiaries, invest in digital bank

Prime Bank has decided to set up two subsidiaries to provide financial and asset management services.
16 August 2023, 18:00 PM

DBBL to open merchant bank, invest in digital bank

Dutch-Bangla Bank Ltd (DBBL) is going to invest in a digital bank and form two subsidiaries in order to expand business in capital market, the bank said yesterday.
16 August 2023, 18:00 PM

Sonali Bank freezes accounts of 2 Myanmar banks

Sonali Bank has frozen accounts of two banks of Myanmar following sanctions imposed by the US, and further steps will be taken based on Bangladesh Bank’s opinions. 
16 August 2023, 18:00 PM

Prime Bank to set up 2 subsidiaries, invest in digital bank

Prime Bank has decided to set up two subsidiaries to provide financial and asset management services.
16 August 2023, 08:30 AM

Dutch-Bangla Bank to invest in digital bank, open merchant bank

Dutch-Bangla Bank Ltd (DBBL) is going to invest in a digital bank and form two subsidiaries in order to expand business in capital market, the bank said today.
16 August 2023, 07:37 AM

BB funds get costlier for exporters

Interest rate for loans from the Export Facilitation Pre-finance Fund will be 5 percent, up from 4 percent
13 August 2023, 15:28 PM

NCC Bank declares 10% dividends

NCC Bank Ltd approved 10 percent dividends, including 5 percent cash dividend, for the year that ended on December 31, 2022. 
10 August 2023, 18:00 PM

Prime Bank, Carnival Internet ink deal

Prime Bank Ltd and Carnival Internet, a fibre broadband internet service provider and a sister concern of Dotlines Bangladesh Ltd, recently signed an agreement on internet service.
10 August 2023, 18:00 PM

Sonali Bank holds workshop on cyber security

Sonali Bank PLC organised a workshop, styled “Cyber security Awareness”, to counter the threats of cyber-attacks in the financial sector.
9 August 2023, 18:00 PM