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Tags : Bank


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Trust Bank secures $1b inward remittance

Trust Bank PLC has reached a significant milestone of $1 billion in inward remittance within July, capturing a 5.70 per cent market share among the 60 scheduled banks in Bangladesh to date, said a press release...

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Deplorable central bank delay in getting at wilful defaulters

THE volume of non-performing loans has increased by Tk 745.7 billion in the January–March quarter, taking the total to a record high of Tk 4,200 billion and the figure accounts for 24.13 per cent of the total outstanding loans, by far the highest in South Asia. Whilst this has happened, banks which have already identified more than 1,500 wilful defaulters, the borrowers...

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Banks asked to record opposing views of board members

The Bangladesh Bank has made it mandatory for all banks accurately documenting the board members’ opinions, including dissenting views or Notes of Dissent, in the official minutes of board and committee meetings...

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Omar Faruk becomes MD of Islami Bank

Md Omar Faruk Khan has been appointed as managing director (MD) of Islami Bank Bangladesh PLC on Sunday, said a press release...

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No BB action yet against 1,500 wilful defaulters

Although banks have already identified more than 1,500 wilful loan defaulters, the Bangladesh Bank remains indecisive over taking disciplinary action against such defaulters, exacerbating the country’s non-performing loan crisis...

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Remittance inflow surges by 29pc

Remittance inflow has soared by 29.47 per cent in July compared with that in the same month in the previous year...

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ONE Bank opens 50th sub-branch

ONE Bank PLC on Thursday opened its 50th sub-branch at Shafipur Bazar, Kaliakair in Gazipur under its Ganakbari (EPZ) Branch, said a press release...

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Agrani Bank holds review meeting

A business review meeting of Agrani Bank Dhaka Circle 2 and Main Branch was held to review the business of the main branch and the zones corporates and branches under the jurisdiction Agrani Bank Dhaka Circle 2...

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FinExcel hosts training programme on project management for banking professionals

Financial Excellence Limited, an organisation for professional training, skill development and advisory services for the financial sector, had organised a two-day training programme on project management on August 2 and August 3 at Hotel Lake Castle of Gulshan-2 in Dhaka, said a press release on Saturday...

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ACC sues ex-chair Bachchu, 16 others for embezzling Tk 30cr

The Anti-Corruption Commission has filed a case against 17 people, including former BASIC Bank Limited chairman Sheikh Abdul Hye Bachchu and its former managing director Kazi Fakhrul Islam, on charges of embezzling Tk 30 crore by approving a loan to a fake company.

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Islami Bank holds half-yearly business dev confce

Noakhali Zone of Islami Bank Bangladesh PLC has organised half-yearly business development conference at the bank’s Noakhali Zonal Office conference hall recently, said a press release.

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Midland Bank, Tallykhata sign deal

Midland Bank PLC has recently entered into a strategic partnership with TallyKhata, a digital bookkeeping and payment platform, aiming to digitally empower millions of small businesses nationwide, said a press release.

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Midland Bank, Tallykhata sign MoU

Midland Bank PLC has entered into a strategic partnership with TallyKhata, digital bookkeeping and payment platform, aiming to digitally empower millions of small businesses nationwide, says a press release.

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Ex-minister Saifuzzaman, 27 others sued

The Anti-Corruption Commission on Thursday filed a case against former land minister Saifuzzaman Chowdhury Javed and 27 others over the embezzlement of Tk 15 crore from United Commercial Bank PLC (UCB), allegedly using fake business entities...