Banking

Jamuna Bank signs corporate health deal with Universal Medical College & Hospital

Jamuna Bank PLC has recently entered into a corporate health agreement with Universal Medical College & Hospital Limited..Mirza Elias Uddin Ahmed, managing director and CEO of the bank, and Ashish Kumar Chakraborty, managing director of the medical college and hospital, signed the agreemen
4 May 2025, 14:19 PM

Rashed, Arif elected chairman, vice-chairman of MTB

Rashed A Chowdhury and Arif Dowla have been elected chairman and vice-chairman, respectively, of Mutual Trust Bank (MTB) PLC..Their appointments were confirmed during the 320th meeting of the bank’s board of directors, held recently at its head office in Dhaka, according to a press release
4 May 2025, 14:07 PM

Pubali Bank signs deal with Bangladesh Bridge Authority

Pubali Bank PLC has entered into an agreement with the Bangladesh Bridge Authority (BBA) for the collection of tolls on the Padma Bridge through an electronic toll collection (ETC) system, facilitated via Pubali Bank’s mobile banking application, PI..Md Rabiul Alam, deputy general manager
3 May 2025, 14:27 PM

Jamuna Bank, Bangladesh Bridge Authority sign deal

Jamuna Bank PLC has entered into an agreement with the Bangladesh Bridge Authority (BBA) to facilitate the implementation of a modern, transparent, time-efficient, and technology-driven toll collection system on the Padma Bridge..Under the terms of the agreement, both parties will collabor
30 April 2025, 14:50 PM

Mercantile Bank conducts training on money laundering prevention

Mercantile Bank PLC organised a daylong training programme titled “Prevention of Money Laundering & Combating Financing against Terrorism” for officials from the Chattogram, Feni, Noakhali, and Cumilla regions..The event was held at Chattogram Club in the port city recently..Accordin
30 April 2025, 14:18 PM

Abdus Salam elected vice-chairman of NCC Bank

Abdus Salam, a sponsor director, has been elected vice-chairman of NCC Bank PLC..The election took place during a recent meeting of the bank’s board of directors, according to a press release..Over the decades, he has distinguished himself as an authority in electromechanical install
29 April 2025, 14:42 PM

IFIC Bank to offer payroll banking services with ICB employees

IFIC Bank PLC has signed a memorandum of understanding (MoU) with the Investment Corporation of Bangladesh (ICB) to provide payroll banking services for ICB’s employees..Md Nazimul Hoque, chief manager of principal branch at the bank, and Md Anwar Shamim, general manager of ICB, signed the
29 April 2025, 14:37 PM

Al-Arafah Islami Bank opens hajj booth in Ashkona

Al-Arafah Islami Bank PLC has opened a hajj booth to provide services to hajj pilgrims at Ashkona Hajj Camp on Monday..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, inaugurated the booth as the chief guest, said a press release..In his speech, Khan said, “Haj
29 April 2025, 14:27 PM

EXIM Bank launches hajj booth at Ashkona Hajj Camp

EXIM Bank PLC yesterday launched a hajj booth at the Ashkona Hajj Camp to provide essential services to pilgrims during the hajj season..M Akhter Hossain, managing director (current charge) of the bank, inaugurated the booth as the chief guest, according to a press release..The booth
29 April 2025, 14:20 PM

Trust Bank signs MoU with Bangladesh Jail for payroll banking services

Trust Bank PLC has recently signed a memorandum of understanding (MoU) with Bangladesh Jail..Under this MoU, all personnel employed by Bangladesh Jail nationwide will be eligible to open salary accounts with Trust Bank and avail themselves of a comprehensive suite of banking services..<
29 April 2025, 14:15 PM

Prime Bank strikes MoU with ICB Asset Management

Prime Bank PLC has entered into a memorandum of understanding (MoU) with ICB Asset Management Company Limited (IAMCL) to boost the sales of units of open-end mutual funds managed by IAMCL..Prof Abu Ahmed, chairman of the Investment Corporation of Bangladesh and IAMCL, and M Nazeem A Choudh
29 April 2025, 14:06 PM

Al-Arafah Islami Bank provides Tk 10 lakh to Dhaka University

Al-Arafah Islami Bank PLC has provided financial aid worth Tk 10 lakh for the construction of a data analytics and service centre at the Department of Statistics of the University of Dhaka..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, handed over the cheque of the
28 April 2025, 14:30 PM

Trust Bank, DMTCL sign deal to set up ATM, CRM at metro rail stations

Trust Bank PLC has signed an agreement with Dhaka Mass Transit Company Limited (DMTCL) to establish the bank’s automated teller machine (ATM) or cash recycler machine (CRM) booths at various designated spaces across 16 Metro Rail stations of MRT Line-6..Md Mahboob Hossain, head of business
28 April 2025, 14:25 PM

City Bank holds branch managers’ conference

City Bank PLC has organised the “Branch Managers’ Conference 2025” with the theme “Happy Employees, Happy Customers, Happy Shareholders” at a hotel in Cox’s Bazar recently..Aziz Al Kaiser, chairman of the bank, inaugurated the conference as the chief guest, said a press release..In h
28 April 2025, 14:19 PM

BRAC Bank tops govt securities trading for third successive year

BRAC Bank has secured the top position in the secondary market trading of government securities (GSEC) for the third consecutive year, according to the latest annual report released by the Bangladesh Bank..In the financial year (FY) 2023–24, BRAC Bank expanded its market share to 13.39 per
28 April 2025, 14:14 PM

Prime Bank presents gifts to Hajj pilgrims

Prime Bank PLC has presented gift packs to Hajj pilgrims on the first Hajj flight of Biman Bangladesh Airlines..The first Hajj flight of Biman is scheduled to depart today, according to a press release..To celebrate the occasion, the national flag carrier recently organised a program
28 April 2025, 14:10 PM

Pubali Bank donates Tk 1 crore to Gynaecological Oncology Society

Pubali Bank PLC has provided a financial donation worth Tk 1 crore to the Gynaecological Oncology Society of Bangladesh for setting up a permanent office as part of its corporate social responsibility initiatives..Mohammad Ali, managing director and CEO of the bank, handed over a cheque of
28 April 2025, 13:54 PM

Insurance Academy organises training on bancassurance for Midland Bank officials

Bangladesh Insurance Academy (BIA) has organised a training programme on bancassurance for officials of Midland Bank PLC, held at the BIA’s office in Mohakhali, Dhaka recently..Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the three-day programme as the chief guest,
27 April 2025, 14:04 PM

Southeast Bank, Tropical Homes sign MoU to offer home loans

Southeast Bank PLC has signed a memorandum of understanding (MoU) with Tropical Homes Limited, a Dhaka-based real estate development company..Masum Uddin Khan, deputy managing director of the bank, and M Hoque Faishal, director (sales and marketing) of the realtor, signed the MoU in Dhaka,
27 April 2025, 13:50 PM

BRAC Bank appoints two new AMDs and DMDs

BRAC Bank has promoted four senior leadership team members to the post of additional managing directors (AMDs) and deputy managing directors (DMDs), effective from 1 April this year..Of them, Tareq Refat Ullah Khan, DMD and head of corporate and institutional banking, and Syed Abdul Momen,
26 April 2025, 14:31 PM