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Islami Bank gets award for digital banking services

Islami Bank Bangladesh PLC on Thursday achieved 鈥楢ccessible Digital Banking Services鈥 award for significant role in providing disability-friendly banking services through its Cellfin app, said a press release.

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ACC sues Saad Musa Group owner, ex-NBL MD, nine directors

The Anti-Corruption Commission on Thursday filed a case against 16 people, including Saad Musa Group proprietor Mohammad Mohsin and former National Bank Limited managing director Chowdhury Moshtaq Ahmed, on charges of embezzling Tk聽404 crore from the government-declared Covid stimulus package and laundering the fund...

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Dollar market mostly stable

The foreign exchange market remained largely stable on Thursday following the Bangladesh Bank鈥檚 announcement to adopt a market-based exchange rate system in line with the International Monetary Fund鈥檚 conditions...

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Kaiser elected AB Bank chair

Kaiser A Chowdhury has been elected chairman of AB Bank PLC鈥檚 board, said a press release...

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WB approves $270m to help Bangladesh reduce flood risk

The World Bank board of executive directors on Wednesday approved $270 million financing to bolster Bangladesh鈥檚 flood recovery efforts and enhance its resilience to future disasters, including support for constructing and rehabilitating critical infrastructure, strengthening agricultural system and improving livelihoods in areas devastated by the..

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Economists for vigilance as BB frees dollar rate

Bangladesh Bank governor Ahsan H Mansur on Wednesday said that the exchange rate of the US dollar would now be determined by market forces, shifting from the country鈥檚 long-standing managed rate regime...

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Some banks may face delisting from stock market

Some banks may face delisting from Bangladesh鈥檚 stock exchanges under the Bank Resolution Ordinance 2025, which empowers Bangladesh Bank with sweeping authority to restructure or dissolve financially distressed scheduled banks...

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Uttara Bank鈥檚 42nd AGM held

Uttara Bank PLC declared 35 per cent dividends 鈥 17.50 per cent cash and 17.50 per cent stock 鈥 for the year 2024 and passed its Annual Report-2024 along with the profit and loss account in its 42nd annual general meeting held on Monday digitally, said a press release...

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Jamuna Bank to host training for entrepreneurs

Jamuna Bank PLC has signed an agreement with the Bangladesh Bank to provide training to emerging entrepreneurs under Skills for Industry Competitiveness and Innovation Programme for the 2025-2027 period, said a press release...

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Prime Bank gives agri loan, training in Birol

Reinforcing its commitment to financial inclusion and agricultural development, Prime Bank held an Open Agri Credit Disbursement and Training Program in Birol, Dinajpur, engaging 150 farmers, including both existing borrowers and potential clients from nearby areas.

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Uttara Bank鈥檚 42nd AGM held

Uttara Bank PLC declared 35 per cent 鈥 17.50 per cent cash and 17.50 per cent stock 鈥 dividend for the year-2024 and passed the Annual Report-2024 along with the profit and loss account in its 42nd Annual General Meeting held on Monday on digital platform.

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Quamrul Islam new EC chairman of NRB Bank

Md Quamrul Islam Chowdhury has recently been elected Chairman of the Executive Committee of the Board of Directors of NRB Bank PLC at a meeting of the Board of Directors.

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AIB opens trade processing unit in Ctg

Al-Arafah Islami Bank PLC on Saturday inaugurated 鈥榯rade processing unit鈥 at Zilla Parishad Bhaban in Chattogram, said a press release...

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BB gets power to take over ailing banks

The interim government has promulgated an ordinance, allowing the Bangladesh Bank, the central bank of the country, to take over any crisis-hit bank, transfer its assets and hand over the bank鈥檚 operations to a bridge bank.