Exim Bank to take over troubled Padma Bank

Struggling Padma Bank is set to be taken over by Shariah-based Exim Bank as part of the Bangladesh Bank plan to rein in the runaway defaulted loans to a reasonable level and bring good governance to the banking sector.
14 March 2024, 18:00 PM

SBAC Bank, BB sign deal on credit guarantee for women entrepreneurs

SBAC Bank has signed a participation agreement with Bangladesh Bank for a credit guarantee facility.
14 March 2024, 16:18 PM

Pubali Bank, ONE Bank ink deal on fund transfer

Pubali Bank and ONE Bank recently signed an agreement for enabling fund transfers between Pubali Bank’s mobile banking app (PI) and ONE Bank’s mobile financial service (OK Wallet).
14 March 2024, 15:10 PM

NCC Bank, BB strike deal on credit guarantee facilities

NCC Bank recently signed two participatory agreements with Bangladesh Bank to provide credit guarantee facilities under the central bank’s refinance schemes.
14 March 2024, 14:53 PM

Trust Bank organises School Banking Conference in Barishal

Trust Bank has recently organised a school banking conference as the lead bank under the guidance of Bangladesh Bank.
13 March 2024, 14:25 PM

Dhaka Bank, bKash strike deal on cash management services

Dhaka Bank has signed an agreement with bKash to provide 24/7 cash management services to the distributors, agents and merchants of the mobile financial service (MFS) provider.
13 March 2024, 14:00 PM

BB outlines tough measures for wilful defaulters

The Bangladesh Bank yesterday introduced strict measures for wilful defaulters as the authorities look to restore people’s confidence in the banking sector in the face of escalating defaulted loans.
12 March 2024, 18:00 PM

Global Islami Bank, BB pen deals on credit guarantee products

Global Islami Bank (GIB) recently signed two agreements with the Bangladesh Bank to provide credit guarantees for women entrepreneurs under a refinance scheme and guarantee facilities for the agro-product processing sector.
12 March 2024, 16:30 PM

HSBC, Maersk Bangladesh collaborate to digitise freight collections

The Hongkong and Shanghai Banking Corporation (HSBC) recently signed an agreement on digitalising freight collection with Maersk Bangladesh, one of the leading companies in the shipping industry.
12 March 2024, 15:50 PM

Dhaka Bank, BB ink deals on credit guarantee products

Dhaka Bank recently signed two participation agreements with Bangladesh Bank to provide credit guarantees for women entrepreneurs under a refinance scheme of Tk 3,000 crore and guarantee facilities for the agro-product processing sector under another refinance scheme of Tk 1,400 crore. 
12 March 2024, 15:35 PM

Social Islami Bank inks MoU with bKash on linked account services

Social Islami Bank recently signed a memorandum of understanding (MoU) with bKash on linked account services.
11 March 2024, 16:07 PM

National Bank, Mastercard launch ‘Prepaid Umrah Card’

National Bank and Mastercard jointly launched the country’s first-ever multi-currency “Prepaid Umrah Card”.
11 March 2024, 16:03 PM

Dhaka Bank holds managers’ conference

Dhaka Bank recently organised a ‘managers’ conference 2024’ at the Radisson Blu Dhaka Water Garden.
11 March 2024, 15:55 PM

Nine banks in ‘red zone’

Nine banks, including four state-run ones, have fragile financial health, says a recent report of the Bangladesh Bank.
10 March 2024, 18:00 PM

SBAC Bank opens sub-branch in Sylhet

South Bangla Agriculture and Commerce (SBAC) Bank has opened a sub-branch at Boteshwar in Sylhet.
10 March 2024, 16:05 PM

AB Bank holds training programme for women entrepreneurs in Rangpur

AB Bank organised a daylong training programme for women entrepreneurs in Rangpur, aimed at developing their business skills.
10 March 2024, 15:53 PM

Pubali Bank gets ‘Remittance Award’

Pubali Bank has been awarded the “Remittance Award” by the Centre for Non-Resident Bangladeshis for outstanding contribution to remittance collection in 2023.
10 March 2024, 15:45 PM

NCC Bank strikes deal with Brain Station 23 on advanced fintech solutions

NCC Bank has signed an agreement with Brain Station 23, a software development company, for implementation of retail internet banking, mobile banking and wallet solution “NCC Always”.
10 March 2024, 15:40 PM

BRAC Bank sets up ‘front desk’ at Beza to serve investors

BRAC Bank has set up a dedicated “Front Desk” at the one stop service (OSS) centre of the Bangladesh Economic Zones Authority (Beza) to provide banking services to economic zone investors.
10 March 2024, 15:30 PM

Shahjalal Islami Bank holds risk management committee meeting

Shahjalal Islami Bank recently organised the 63rd meeting of the risk management committee of its board of directors.
9 March 2024, 15:10 PM