Banking
NRB Bank holds ‘Year-to-Date Business Conference’
NRB Bank PLC yesterday organised the “Year-to-Date Business Conference 2025 (Q1)” at the bank’s corporate head office in Gulshan, Dhaka, with the slogan ‘Not Just Banking, But Promise”..Iqbal Ahmed, founder chairman and present chairman of the bank, inaugurated the conference as the chief
26 April 2025, 14:17 PM
ONE Bank opens 113th branch in Chandpur
ONE Bank PLC has recently launched a new branch in Chandpur, marking the 113th branch of the bank, according to a press release..KH Rashed Akhtar Zaman, senior executive vice-president and head of branch distribution at the bank, inaugurated the branch as the chief guest..On this occ
26 April 2025, 14:11 PM
Dhaka Bank, JP Morgan partner to improve Bangladesh’s inward remittance
Dhaka Bank PLC has entered into a strategic partnership with JP Morgan Payments to enhance inward remittance services in Bangladesh, leveraging JP Morgan Payments’ Xpedite Select Receipt, a sophisticated cross-currency payment and receipt solution..Christine Tan, managing director and head
26 April 2025, 14:06 PM
Prime Bank, BFDS to work on hassle-free banking for freelancers
Prime Bank PLC has recently entered into a strategic partnership agreement with the Bangladesh Freelancer Development Society (BFDS) to empower the burgeoning freelancer community in Bangladesh..M Nazeem A Choudhury, deputy managing director of the bank, and Tanjiba Rahman, chairman of BFD
26 April 2025, 14:05 PM
Prime Bank logs 59% profit growth in Q1
Prime Bank PLC has reported a 59 percent year-on-year growth in net profit after tax (NPAT) for the first quarter (Q1) of the financial year 2025..According to a press release, the NPAT rose to Tk 209 crore, compared to Tk 132 crore during the corresponding period of the previous year..
24 April 2025, 15:17 PM
Romana Rouf Chowdhury re-elected as chairman of Bank Asia Securities
Romana Rouf Chowdhury has been re-elected as chairman of Bank Asia Securities Limited..The reappointment was confirmed during the company’s 14th annual general meeting (AGM), held on April 23, 2025, according to a press release..Chowdhury is also one of the directors of Bank Asia PLC
24 April 2025, 15:03 PM
Eastern Bank, CPA deal to launch digital banking services at Chattogram port
Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Chittagong Port Authority (CPA) to inaugurate advanced digital banking services at Chattogram Port..Rear Admiral SM Moniruzzaman, chairman of CPA, and Ali Reza Iftekhar, managing director and chief executive off
24 April 2025, 14:54 PM
StanChart, Biman collaborate to open 'regional treasury centre'
Standard Chartered Bank has entered into a strategic partnership agreement with Biman Bangladesh Airlines, to establish the airline’s first Regional Treasury Centre (RTC)..Md Shafiqur Rahman, managing director and CEO of the national flag carrier, and Naser Ezaz Bijoy, chief executive offi
24 April 2025, 14:49 PM
City Bank gets two new DMDs
City Bank PLC has promoted Md Nurul Azam Mozumder and Kamrul Mehedi to the position of deputy managing directors (DMDs)..Prior to assuming this new role, Mozumder was serving the bank as a senior executive vice-president and head of medium business, concurrently, said a press release. .
23 April 2025, 15:09 PM
Abdul Mannan made chairman of Central Shariah Board executive committee
Mohammad Abdul Mannan, chairman of First Security Islami Bank PLC, has recently been appointed as chairman of the executive committee of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB)..The appointment was confirmed during the 69th meeting of the executive committee of th
23 April 2025, 14:50 PM
BRAC Bank signs deal with QuiqSend for app-based remittances
BRAC Bank has entered into a remittance agreement with QuiqSend, an Australian fintech enterprise, to offer a streamlined, app-based remittance solution for Bangladeshi wage earners residing in Australia..Md Shaheen Iqbal, deputy managing director and head of treasury and financial institu
23 April 2025, 14:27 PM
Pubali Bank Securities holds 15th annual general meeting
Pubali Bank Securities Limited, an investment company and a subsidiary of Pubali Bank PLC, organised its 15th annual general meeting (AGM) on Tuesday..The meeting was conducted virtually and was presided over by Md Abdur Razzak Mondal, chairman of the investment company, according to a pre
23 April 2025, 14:24 PM
Global Islami Bank opens Kotchandpur sub-branch
Global Islami Bank PLC has recently inaugurated the Kotchandpur sub-branch in Jhenaidah..Md Zamal Mollah, independent director and vice-chairman of the bank, inaugurated the sub-branch as the chief guest, the bank said in a press release..The inaugural ceremony was presided over by S
23 April 2025, 14:13 PM
NCC Bank launches ‘Freelancer Account’
NCC Bank PLC has launched a new banking product, the “Freelancer Account”, specifically designed to support the growing community of freelancers in Bangladesh..This innovative account aims to deliver tailored financial solutions that empower freelancers while promoting greater financial in
22 April 2025, 14:00 PM
Dhaka Bank signs payroll banking deal with York Hospital
Dhaka Bank PLC has signed a payroll banking agreement with York Hospital Limited..HM Mostafizur Rahaman, senior executive vice-president and head of retail business division at the bank, and SM Jaglul A Mozumdar, managing director of the hospital, signed the agreement at the latter’s headq
21 April 2025, 14:33 PM
Meghna Bank opens training institute in Mohakhali
Meghna Bank PLC has inaugurated a new training institute, titled “Centre for Excellence”, in Mohakhali, Dhaka recently..The initiative is designed to elevate employee competencies, enhance job performance, foster engagement, and ultimately support the bank’s sustained success by equipping
21 April 2025, 14:27 PM
StanChart launches ‘Freelancer Account’ to empower digital entrepreneurs
Standard Chartered Bangladesh has unveiled the “Freelancer Account”, a tailored banking solution designed to meet the evolving financial needs of the country’s dynamic freelance community..Lutful Habib, head of wealth and retail banking at the multinational bank, and Tanjiba Rahman, chairm
21 April 2025, 14:21 PM
Prime Bank unveils integrated app to simplify retail investment
Prime Bank PLC, in collaboration with Prime Bank Securities Limited, has unveiled a bank-broker integrated platform through its MyPrime app, marking a significant step towards transforming retail investing in Bangladesh..This innovative integration enables customers to manage both their ba
20 April 2025, 14:25 PM
AB Bank opens relocated Rokeya Sarani branch
AB Bank PLC has recently inaugurated its relocated Rokeya Sarani branch at PR Tower on Begum Rokeya Sarani in Kafrul, Dhaka, offering enhanced and modern banking facilities..Syed Mizanur Rahman, managing director and CEO (Acting) of the bank, inaugurated the relocated branch as the chief g
20 April 2025, 14:14 PM
IFIC, Farazy Hospital sign MoU for healthcare services
IFIC Bank PLC has signed a memorandum of understanding (MoU) with Farazy Hospital Limited, aimed at extending healthcare benefits to its customers, cardholders, and employees..Ferdousi Begum, head of SME and retail products at the bank, and M Mokter Hossen, managing director of the hospita
19 April 2025, 14:30 PM