Rafiqul joins BASIC Bank as DMD
Md Rafiqul Islam joined BASIC Bank Limited as deputy managing director on Sunday, said a press release...
Tags : Bank
Shabnam Huq鈥檚 25th death anniv today
Today is the 25th death anniversary of Shabnam Huq, wife of Arham Masudul Huq, former chief executive officer of Dhaka Bank Foundation, said a press release...
Premier Bank fined as Iqbal withdraws fund
The Bangladesh Financial Intelligence Unit has fined Premier Bank for allowing its former chairman, HBM Iqbal, to illegally withdraw Tk 1.11 crore and $30,000 from frozen accounts, according to BFIU officials...
Govt鈥檚 bank borrowing jumps to Tk聽51,981cr
The net government borrowing from the country鈥檚 banking sector surged in the July鈥揗arch period of the 2024鈥�25 financial year compared with that in the same period a year earlier, as it ramped up borrowing to address budget deficit ahead of the financial year鈥檚 end...
Kimiwa Saddat appointed as MD and CEO (current charge) of Community Bank
Community Bank Bangladesh PLC announced the immediate appointment of Kimiwa Saddat as managing director and CEO (current charge), said a press release on Wednesday...
28-day repo scrap driving treasury bill rate hikes
Interest rates on treasury bills and bonds have climbed sharply after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
Rubana promoted as DMD at Agrani bank
Rubana Pervin has been promoted to the position of deputy managing director of Agrani Bank PLC...
India鈥檚 billionaire jeweller arrested in Belgium over $1.8bn bank fraud
Indian diamond merchant Mehul Choksi has been arrested in Belgium, his lawyer said Monday, in connection with a case of alleged bank fraud...
Nurun Nabi made DMD of Sonali Bank
Md Nurun Nabi has been promoted as deputy managing director (DMD) of state-owned Sonali Bank PLC recently...
Bangladesh Bank data shows remittance narrows payment deficit
Bangladesh鈥檚 current account deficit shrank in July-February of the current financial year due mainly to a sharp increase in remittance inflow, according to Bangladesh Bank data.
Bangladesh Bank says forex reserve crosses $21b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...
NRBs allowed to open accounts in any currency
Bangladesh Bank on Sunday allowed Non-resident Bangladeshis (NRBs) to open bank accounts in all usable foreign currencies...
Al-Arafah鈥檚 MD Farman, 3 others sent on leave
Al-Arafah Islami Bank has sent its managing director Farman R Chowdhury on a three-month mandatory leave...
Amalendu appointed as DMD of Premier Bank
Seasoned banker Amalendu Roy has been appointed as deputy managing director of The Premier Bank PLC...
Jamuna Bank鈥檚 School Banking Conference at Moulvibazar
Under the guidance of the Financial Inclusion Department of Bangladesh Bank, the School Banking Conference-2025 was successfully organised in the Moulvibazar district, with Jamuna Bank PLC taking the lead in hosting the event.
Karmasangsthan Bank holds meet at Mymensingh
Karmasangsthan Bank held 鈥楤usiness Development Meeting-2025鈥� in Mymensingh on Saturday with the participation of branch managers and field officers of Mymensingh, Netrakona and Kishoreganj regions.
Islami Bank holds meeting at Chattogram
The business review meeting of Chattogram south zone, Chattogram north zone, Khatunganj and Agrabad corporate branches of Islami Bank Bangladesh PLC was held on Friday.
鈥業nter-agency taskforce working to recover laundered money鈥�
Bangladesh Bank governor Ahsan H Mansur said that the Bangladesh Financial Intelligence Unit, the central bank and other government organisations were working to bring back laundered money by forming an inter-agency taskforce.
Banks urged to cut bad loans
Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country鈥檚 economy vibrant...
City Bank launches first American Express metal card in Bangladesh
City Bank PLC on Thursday launched the City Bank American Express Platinum Reserve Credit Card, the first-ever metal card in Bangladesh...
Tanzir Fahim鈥檚 15th death anniv today
Today is the 15th death anniversary of Tanzir Fahim Jumma, eldest son of Sajjatuz Jumma, founder chairman of Shahjalal Islami Bank PLC and former senior vice-president of Dhaka Chamber of Commerce and Industry...
Islamic banks to be merged into 2 banks: Bangladesh Bank governor
Bangladesh Bank governor Ahsan H Mansur on Wednesday聽said that there was a plan to merge Islamic banks to form two large banks...
A sign that authorities should not overlook
A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...
ADB projects 3.9 per cent GDP growth for Bangladesh in FY2024-25
The Asian Development Bank has projected that Bangladesh鈥檚 economic growth would slow to 3.9 per cent in the 2024-25 financial year, down from 4.2 per cent in FY24...
NDB to provide $1b by next 1 year: BIDA
Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun on Tuesday said that the New Development Bank would give Bangladesh $1 billion in loan by the next one year...
Pvt sector credit growth slumps to 21-year low
The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...
WB suggests reforms in four sectors
Bangladesh could attract significant investments and create millions of jobs by implementing essential reforms across four sectors, according to a World Bank Group report released today at the Bangladesh Investment Summit 2025...
Rabiul joins SBAC Bank as AMD
Md Rabiul Islam, a well-known banker with 36 years of experience, has joined SBAC Bank PLC as additional managing director...
Pubali Bank donates a bus to Islamic University of Technology
As a part of Corporate Social Responsibility, the Board of Directors of Pubali Bank PLC donated a bus to Islamic University of Technology (IUT)...
100 BRAC Bank officials get Bancassurance training
A total of 100 officials from BRAC Bank have been officially certified by the Bangladesh Insurance Academy after completing the 鈥楤ancassurance鈥� training...