Dhaka Bank wins ADB’s ‘Momentum Award’

By Star Business Desk
8 September 2025, 14:47 PM
UPDATED 8 September 2025, 20:46 PM
Dhaka Bank PLC has won the “Momentum Award” at the 11th Trade and Supply Chain Finance Programme (TSCFP) Awards 2025, organised by the Asian Development Bank (ADB) in Singapore recently..This is the second consecutive year that Dhaka Bank has received recognition from the ADB for its exper

Dhaka Bank PLC has won the "Momentum Award" at the 11th Trade and Supply Chain Finance Programme (TSCFP) Awards 2025, organised by the Asian Development Bank (ADB) in Singapore recently.

This is the second consecutive year that Dhaka Bank has received recognition from the ADB for its expertise and efficiency in international trade finance.

Steven Beck, head of trade and supply chain finance at the ADB, and Neha Noronha, unit head for South Asia of trade and supply chain finance, presented the award to Md Mostaque Ahmed, deputy managing director and chief emerging market officer of Dhaka Bank PLC, at the event, according to a press release.

In 2024, Dhaka Bank was named "Leading Partner Bank in Bangladesh" for executing the highest number of transactions in collaboration with the ADB.

Each year, the ADB confers the Momentum Award on the bank within its TSCFP network that demonstrates the greatest year-on-year growth in international trade transactions.

This latest accolade reaffirms Dhaka Bank's continued success in strengthening its global footprint while delivering enhanced services to clients and partners worldwide.

Since 2009, Dhaka Bank has been an enlisted issuing bank under the ADB's TSCFP, leveraging the platform to promote and expand international trade for both corporate and SME clients, thereby contributing to Bangladesh's economic development.

The ceremony brought together around 200 representatives from the ADB's partner banks and financial institutions across the globe.