Banking

Agro Series of Exhibitions commence in Dhaka

The 8th Food Bangladesh 2025 International Expo and the 5th Food Pack Bangladesh International Expo, held under the banner of the Agro Series of Exhibitions, commenced yesterday at the International Convention City Bashundhara in Dhaka..Thijs Woudstra, deputy head of mission at the Embassy
8 May 2025, 15:00 PM

Premier Bank opens hajj booth in Ashkona

Premier Bank PLC has recently inaugurated a dedicated booth to provide specialised services for hajj pilgrims at the Ashkona Hajj Camp in Uttara, Dhaka..Mohammad Abu Jafar, managing director and CEO of the bank, inaugurated the booth as the chief guest, according to a press release..
7 May 2025, 15:25 PM

Prime Bank signs MoU with BB to train SME entrepreneurs

Prime Bank PLC has recently signed a memorandum of understanding (MoU) with the Bangladesh Bank with the objective of providing training to marginal, cottage, micro, small, and medium enterprise (CMSME) entrepreneurs across the country..The initiative aims to equip them with modern busines
7 May 2025, 15:23 PM

Mercantile Bank signs MoU with Bangladesh Bank

Mercantile Bank PLC has recently signed a memorandum of understanding (MoU) with the Bangladesh Bank, marking a significant step towards implementing the entrepreneurship development programme under the Skills for Industry Competitiveness and Innovative Programme (SICIP)..This strategic in
7 May 2025, 15:19 PM

Community Bank hosts conference for management trainee officers

Community Bank Bangladesh PLC recently organised a discussion on banking responsibility, titled “Coffee with the Captain”, for its management trainee officers at its head office in Dhaka..Kimiwa Saddat, managing director (current charge) of the bank, presided over the session, according to
7 May 2025, 15:15 PM

Bank Asia strikes MoU with Bangladesh Bank

Bank Asia PLC has signed a memorandum of understanding (MoU) with the Bangladesh Bank to implement an entrepreneurship development initiative titled the Skills for Industry Competitiveness and Innovation Program (SICIP)..Nurun Nahar, deputy governor of Bangladesh Bank (BB), and Sohail RK H
7 May 2025, 15:09 PM

Touhidul Alam made MD of NRBC Bank

Md Touhidul Alam Khan has been appointed as the managing director (MD) and CEO of NRBC Bank PLC, effective from May 5, 2025..Prior to joining NRBC Bank, Khan was serving National Bank Limited as the managing director and CEO, concurrently, according to a press release..With over 32 y
6 May 2025, 15:21 PM

Fazlur Rahman elected as chairman of AB Bank

Md Fazlur Rahman, a director, has been elected as the chairman of AB Bank PLC..Prior to assuming this new role, Rahman served the bank concurrently as president and managing director, according to a press release issued by the bank..His visionary leadership has guided the institution
6 May 2025, 15:12 PM

Prime Bank declares 20% dividends

Prime Bank PLC has declared a 20 percent dividend, comprising a 17.50 percent cash dividend, for the financial year ending on December 31, 2024..The declaration was made during the bank’s 30th annual general meeting (AGM), which was held virtually on Monday, according to a press release.</
6 May 2025, 15:00 PM

Trust Bank organises ‘SME Night 2025’ in Chattogram

Trust Bank PLC recently organised “SME Night 2025” under the theme “Rise & Thrive: Honouring the Spirit of Entrepreneurship” at the Radisson Blu Chattogram Bay View in the port city..Ahsan Zaman Chowdhury, managing director and CEO of the bank, attended the event as the chief guest, accord
6 May 2025, 14:55 PM

Pubali Bank holds seminar on Islamic banking and finance

Pubali Bank PLC has convened a two-day seminar on “Islamic Banking & Finance” at its head office in Motijheel, Dhaka recently..Mohammad Ali, managing director and CEO of the bank, joined the seminar as the chief guest, the bank said in a press release..The participants engaged in in-
6 May 2025, 14:35 PM

Shahjalal Islami Bank gets new AMD

Shahjalal Islami Bank PLC has recently promoted Imtiaz U Ahmed to the post of additional managing director (AMD)..The promotion acknowledges Ahmed’s substantial contributions to the bank across various domains of business and operations. .Notably, he has played a pivotal role in enha
5 May 2025, 14:55 PM

Citizens Bank opens Panchrukhi sub-branch

Citizens Bank PLC launched the Panchrukhi sub-branch in the Araihazar upazila of Narayanganj yesterday..According to a press release, Md Mostafizur Rahman, managing director (currently in charge), presided over the inauguration ceremony as the chief guest..Md Abdul Latif, deputy mana
5 May 2025, 14:50 PM

NRBC Bank holds 200th board meeting

NRBC Bank PLC recently convened the 200th meeting of its board of directors at the bank’s head office in Dhaka..Md Ali Hossain Prodhania, an independent director and chairman of the bank, presided over the meeting, the bank stated in a press release..“Our 200th board meeting marks a
5 May 2025, 14:47 PM

Midland Bank opens Ashulia sub-branch

Midland Bank PLC has recently inaugurated the Ashulia sub-branch at East Jamgora, located in the Yearpur area of Savar Upazila, Dhaka..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the sub-branch as the chief guest, according to a press release..In his address
5 May 2025, 14:28 PM

Social Islami Bank sets up hajj booth in Ashkona

Social Islami Bank PLC has inaugurated a dedicated “hajj booth” at the Ashkona Hajj Camp in Uttara, Dhaka, as part of its ongoing commitment to delivering prompt and high-quality services to hajj pilgrims..Md Nazmus Saadat, deputy managing director of the bank, inaugurated the booth recent
5 May 2025, 14:21 PM

Most banks fail to finalise annual financial reports

BB seeks govt approval to extend deadline
4 May 2025, 16:28 PM

Southeast Bank boosts cross-border remittance capability with JP Morgan Payments solution

A delegation from JP Morgan Payments, led by Christine Tan, managing director and head for Asia Pacific at Financial Institutions Group (FIG) sales and payments, recently met with Nuruddin Md Sadeque Hossain, managing director of Southeast Bank PLC, at the bank’s head office in Dhaka recently.</
4 May 2025, 15:18 PM

Padma Bank holds 125th board meeting

Padma Bank PLC recently held 125th board meeting at its head office in Dhaka, according to a press release..Md Shawkat Ali Khan, chairman of Padma Bank and managing director and CEO of Sonali Bank PLC, presided over the meeting..Kazi Md Talha, chief executive officer (current charge)
4 May 2025, 14:30 PM

BRAC Bank’s branch network posts Tk 5,000 crore deposit growth in Q1 of 2025

BRAC Bank’s branch network recorded a net deposit growth of Tk 5,000 crore in the first quarter of 2025, reflecting sustained momentum in deposit mobilisation..This accomplishment builds upon a consistent upward trajectory in deposit accumulation by the bank’s distribution network over the
4 May 2025, 14:25 PM