Dhaka Bank unveils CRM booths at MRT line-6 stations

Dhaka Bank PLC has recently unveiled cash recycler machine (CRM) booths at the Farmgate and Karwan Bazar MRT stations in the capital, marking a significant advancement in delivering convenient digital banking services to metro commuters..Faruque Ahmed, managing director of Dhaka Mass Trans
4 August 2025, 14:04 PM

Omar Faruk Khan appointed MD of Islami Bank

Md Omar Faruk Khan has recently been appointed as the managing director (MD) of Islami Bank Bangladesh PLC..Prior to this appointment, Khan was serving as the bank’s acting managing director (current charge), according to a press release. .He also previously held the position of acti
4 August 2025, 14:02 PM

Pubali Bank donates bus to Sylhet Agricultural University

Pubali Bank PLC has donated a bus to Sylhet Agricultural University as part of its corporate social responsibility (CSR) initiatives..Mohammad Ali, managing director and CEO of Pubali Bank PLC, handed over the dummy key to Prof Md Alimul Islam, vice-chancellor of Sylhet Agricultural Univer
4 August 2025, 14:00 PM

UCB reports Tk 7,783cr in net deposits

United Commercial Bank PLC (UCB) has secured Tk 7,783 crore in net deposits and opened over 300,000 new accounts, a testament to the bank’s dynamic leadership and the unwavering dedication of its employees..These achievements were shared at the bank’s 42nd annual general meeting (AGM), hel
4 August 2025, 13:55 PM

Eastern Bank signs payroll banking deal with Transcom Electronics, Bangladesh Lamps

Eastern Bank PLC (EBL) has recently entered into a payroll banking agreement with Transcom Electronics PLC and Bangladesh Lamps PLC to provide comprehensive payroll banking solutions for employees of both companies..Under the arrangement, EBL will offer a suite of services, including salar
4 August 2025, 13:46 PM

BRAC Bank launches ‘SME Means BRAC Bank’ campaign

BRAC Bank PLC has unveiled a new brand positioning campaign, titled “SME Means BRAC Bank”, introducing the lowest-ever lending rate for unsecured loans to cottage, micro, small, and medium enterprise (CMSME) entrepreneurs..As part of the campaign, the bank has reduced its lending rate to a
3 August 2025, 14:20 PM

Bank Asia holds 49th meeting of Shariah supervisory committee

Bank Asia PLC has recently held the 49th meeting of its Shariah supervisory committee at Bank Asia Tower in the capital’s Karwan Bazar..Shahed Rahmani, chairman of the Shariah supervisory committee, presided over the meeting, according to a press release..During the meeting, the chai
3 August 2025, 14:17 PM

Prime Bank strikes deal with Neeshorgo Hotel & Resort

Prime Bank PLC has entered into a strategic partnership agreement with Neeshorgo Hotel & Resort, offering the bank’s cardholders discounts and enhanced payment convenience at one of the country’s leading hospitality destinations..Joarder Tanvir Faisal, executive vice-president and head of
3 August 2025, 14:10 PM

Dhaka Bank signs payroll banking deal with Purbani Group

Dhaka Bank PLC has recently signed a payroll banking agreement with Purbani Group, covering its concerns Karim Textiles Limited, Purbani Fabrics Limited, and Purbani Yarn Dyeing Limited..Sheikh Mohammad Maroof, managing director and CEO of Dhaka Bank PLC, and Shafiqul Islam Sarkar, managin
3 August 2025, 14:06 PM

Shahjalal Islami Bank holds half-yearly business conference

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director
2 August 2025, 15:26 PM

Midland Bank, TallyKhata join forces to support small businesses

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi
2 August 2025, 15:24 PM

City Bank posts 21% rise in profit in H1

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually
2 August 2025, 15:18 PM

Dhaka Bank declares 10% dividend

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha
2 August 2025, 15:15 PM

Shabbirul Alam made BB executive director

Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin
31 July 2025, 15:01 PM

Prime Bank holds SME financing awareness programme in Saidpur

Prime Bank PLC recently organised an awareness programme titled “SME Cluster Financing Awareness Programme” for the small garments cluster in Saidpur, Nilphamari, aiming to promote inclusive and accessible financial services for the region’s thriving SME garment sector..Nawshad Mustafa, di
31 July 2025, 14:52 PM

UCB organises entrepreneurship development programme in Bogura

United Commercial Bank PLC (UCB) recently organised a month-long skills training initiative, titled the “Entrepreneurship Development Programme”, in Bogura, aimed at empowering aspiring and existing entrepreneurs who currently remain outside the formal banking and financial ecosystem..The
31 July 2025, 14:43 PM

Southeast Bank opens 11 agent banking outlets

Southeast Bank PLC has recently unveiled 11 new agent banking outlets, reaffirming its commitment to promoting financial inclusion and extending banking services to every corner of the country, particularly in rural and semi-urban areas across eight districts of Bangladesh..The districts c
31 July 2025, 14:39 PM

BB issues 17-point cybersecurity directive amid rising threats

Banks, NBFIs, MFS providers asked to strengthen digital defences immediately
30 July 2025, 18:29 PM

BRAC Bank promotes Masud Rana to AMD

BRAC Bank PLC has promoted M Masud Rana to the post of additional managing director (AMD), effective from August 1 this year..Prior to this promotion, Rana had been serving as deputy managing director and chief financial officer (CFO) concurrently, according to a press release..He jo
30 July 2025, 15:08 PM

Shahjalal Islami Bank launches mobile app ‘ShahjalalTouchPay’

Shahjalal Islami Bank PLC yesterday launched a mobile app, “ShahjalalTouchPay”, aimed at providing fast, secure, and convenient banking services to customers..AK Azad, chairman of the bank, inaugurated the app as the chief guest at the bank’s corporate head office in Dhaka, according to a
30 July 2025, 14:57 PM