Pran-RFL Group yesterday announced that its consumer electronics brand RFL Electronics has secured a $23 million loan from British International Investment (BII), the development finance institution of the UK, as the local conglomerate aims to boost its refrigerator production.

Bank Asia has been listed as one of top 10 banks in sustainability ratings for 2020 and 2021 of Bangladesh Bank. The rating is based on four factors -- sustainable finance, green refinance, corporate social responsibility and core banking sustainability.

Four Chinese airlines said Friday they will buy a total of 292 planes from Airbus in a $37 billion windfall for the aviation giant, as the industry rebuilds after the coronavirus pandemic.

IPDC Finance Limited has recently been recognised in the “Sustainability Rating” by Bangladesh Bank for 2021.

Islami Bank Bangladesh has been listed as one of top 10 banks in sustainability ratings for 2020 and 2021 of the Bangladesh Bank. 

Leading mobile phone operator Grameenphone termed the telecom watchdog’s latest ban on its SIM sales as an unexpected move, stating that it will take its next course of action after assessing the regulator’s letter related to the bar.

The Bangladesh Association of Software and Information Services (BASIS) is set to promote local IT products and services in the European market.

French tyre group Michelin said Tuesday it plans to transfer its activities in Russia to local management, the latest foreign firm to exit the country following Moscow’s invasion of Ukraine.

Islami Bank Bangladesh signed an agreement with Pran-RFL Group recently enabling use of its point of sale (POS) machines at the latter’s sales outlets. 

Islami Bank Bangladesh signed an agreement with Pran-RFL Group recently enabling use of its point of sale (POS) machines at the latter’s sales outlets. 

South Bangla Agriculture and Commerce (SBAC) Bank has appointed an additional managing director recently. 

LG Electronics in Bangladesh, the global leader in technology and manufacturing, has signed a partnership agreement with Rangs Industries.

Mobile financial service provider bKash has set up free health camps at 10 areas in the flood-hit Sylhet, Sunamganj and Habiganj districts in order to help the people affected by the flood.

As part of its financial inclusion drive, Bank Asia Ltd has disbursed agriculture loans among 220 marginal women farmers with a view to making them financially solvent. 

Midland Bank Ltd recently introduced two new deposit schemes -- MDB Double Benefit Plus Scheme and MDB Saalam Double Benefit Plus Scheme -- on the occasion of the ninth anniversary of the private commercial lender.

Cellfin, the omni-channel banking app of Islami Bank Bangladesh Ltd (IBBL), recently rolled out a dual currency-supported virtual prepaid card of Mastercard.

Guardian Life Insurance Ltd has recently signed an agreement with Transcom Beverages Ltd over group insurance.

Gree air conditioners have been an integral part of Padma Bridge ever since construction began on the high-anticipated mega project.

Malek Spinning Mills, one of the largest listed companies of its kind in Bangladesh, has decided to issue a zero-coupon bond worth Tk 290 crore to finance its expansion, particularly for buying land.

Unilever Bangladesh has introduced a refill machine in Bangladesh for dispensing liquid products among consumers as part of an innovative approach in reducing plastic use.