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Tags : bank


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Current account deficit reduced in July-Apr

Bangladesh’s current account deficit shrank sharply in the first ten months of the 2024–25 fiscal year, driven largely by a surge in remittance inflows, according to the latest data released by Bangladesh Bank...

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Rush at banks on last working day

Banking transactions across both public and private banks concluded in a busy atmosphere on Wednesday, the last working day before the Eid-ul-Azha holidays, with customers crowding branches to withdraw cash...

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AIB concludes foundation training course MTOs

Al-Arafah Islami Bank on Wednesday held the closing ceremony of its month-long foundation training course titled ‘Overall Bank Management’ as part of its one-year development programme for management trainee officers, said a press release...

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City Bank, CEAB host Chinese investors

City Bank PLC, in collaboration with Chinese Enterprises Association in Bangladesh, recently hosted a high-level business networking event for a visiting business delegation comprising of over 100 Chinese investors and businessmen, said a press release...

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Riba, money and interest paradox

THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...

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PBPLC signs deal with ACI, Shawpno

Pubali Bank PLC has recently signed an agreement with Advanced Chemical Industries PLC and ACI Logistics Limited (Shwapno) for facilitating the bank’s digital banking platform, said a press release...

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Legal flaws, decentralisation fuel banking scams: Saddat

Centralised operations, diversified revenue models, and disciplined governance are vital for the recovery of Bangladesh’s banking sector, said Kimiwa Saddat, Managing Director (current charge) of Community Bank Bangladesh PLC...

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City Bank, CEAB hold Chinese Investors’ Night

City Bank PLC, in collaboration with Chinese Enterprises Association in Bangladesh recently hosted a high-level business networking event in honour of the visiting business delegation comprising over 100 Chinese investors and businessmen, says a press release.

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Sonali Bank to receive BKMEA fees

Sonali Bank PLC signed an agreement with Bangladesh Knitwear Manufacturers and Exporters Association to collect charges-fess from various services through the Sonali Payment Gateway.

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Govt eyes over Tk 1 lakh crore loan from banks

The government has proposed to borrow Tk 1.04 lakh crore from the banking system in the upcoming financial year 2025-26, marking a 5-per cent increase from the revised bank borrowing target of Tk 99,000 crore for the current financial year.

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SC clears way for BB-appointed administrator to run Nagad

The Appellate Division of the Supreme Court on Monday paved the way for a Bangladesh Bank-appointed administrator to manage the operations of Nagad Limited, staying an earlier order by its chamber judge that had temporarily halted the central bank’s decision.

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Remittance inflow surges

Remittance inflow has soared by 29 per cent in July-May period in 2025 compared with that in the same period in the previous year...

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AB Bank, Akij Takaful sign deal

AB Bank PLC and Akij Takaful Life Insurance PLC signed an agreement under which AB Bank explored a new horizon in Islamic DPS by introducing free insurance coverage up to Tk 50 lakh for the first time for Islamic depositors...

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IFIC Bank organises workshop in Bogura

IFIC Bank PLC, a large bank in Bangladesh with over 1,400 branches and sub-branches, successfully organised a comprehensive daylong workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ in Bogura town...

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Global Islami Bank ends 42nd course

The closing ceremony of 42nd foundation course of Global Islami Bank was held at the bank’s training institute on Sunday...

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BRAC Bank achieves 73pc growth

BRAC Bank achieved a 73 per cent year-on-year growth in its Net Profit After-Tax on a consolidated basis for 2024 amid challenging market conditions...

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Shahjalal bank builds basketball court for students

As part of Shahjalal Islami Bank PLC’s corporate social responsibility, the bank provided financial assistance for the construction of a basketball court for the students of Bandura Holy Cross School and College at Nawabganj in Dhaka...

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Prime Bank sign corporate deal with Farazy Hospital

Prime Bank PLC, a leading second generation local commercial bank in Bangladesh, has recently signed an agreement with Prime Bank Signs Agreement with Farazy Hospital Limited at bank’s Gulshan corporate office...