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Tags : bank


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Govt bank borrowing decreases in FY25

The government’s net borrowing from commercial banks decreased in the 2024–25 financial year compared with the previous fiscal year, driven largely by a surge in foreign loan inflows...

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Prime Bank partners with Excel Telecom

Prime Bank PLC has recently signed a memorandum of understanding with Excel Telecom Pvt Limited, manufacturing partner and authorized national distributor of Samsung Bangladesh, said a press release...

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MTB approves 10pc stock dividend

Mutual Trust Bank PLC on Wednesday approved 10 per cent stock dividend during its 26th annual general meeting, said a press release...

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BRAC Bank unveils IFRS S1, S2 reports in accordance with ISSB

BRAC Bank has recently published independent IFRS S1 and S2 reports, a globally aligned framework for climate and sustainability risk disclosure developed by the International Sustainability Standards Board, said a press release....

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PBPLC opens collection booth at DMCH

Pubali Bank PLC has recently opened a collection booth at Dhaka Medical College Hospital premises in the capital, said a press release...

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AIB launches general banking management workshop

Al-Arafah Islami Bank PLC on Tuesday launched a 3-day training workshop titled ‘General Banking Management’ at the bank’s training institute, said a press release...

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Forex reserves fall to $29b after ACU payment

Bangladesh Bank has paid over US$2.19 billion to the Asian Clearing Union (ACU) to settle import bills for the months of May and June, resulting in a drop in the country’s foreign exchange reserves to $29.53 billion...

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Banking system must be able to head off political interference

THE statement of the Bangladesh Bank governor that no efforts for reforms in the banking sector will be effective unless political interference is completely eliminated entails a couple of points to ponder. Although the statement is something that many experts have repeatedly made, still the statement coming from the governor once again, especially in the changed...

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ACC asked to freeze bank accounts of ex-DGFI chief Hamidul

The Dhaka Metropolitan Senior Special Judge Court on Monday allowed the Anti-Corruption Commission to freeze four bank accounts of former director general of the Directorate General of Forces Intelligence Major General (retired) Hamidul Hoque over allegations of corruption...

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MDB relocates Banani branch

Midland Bank PLC on Monday relocated its Banani branch from its previous location to Nilufar Heights, holding no B52, Kemal Ataturk Avenue, Banani in the capital Dhaka, said a press release...

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Time for govt to act now

THE banking sector has for decades been grappling with persistent challenges that have left it teetering on the edge of credibility. Despite being a vital pillar of the economic growth, the sector remains marred by corruption, poor governance, political interference, and a weak regulatory framework. As a result, public trust has eroded significantly and urgent reform is necessary to prevent a deepening crisis...

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City Bank, IBA partner for executive leadership training programme

City Bank and Institute of Business Administration of Dhaka University recently signed an agreement on strategic partnership to launch an executive Leadership development programme designed to bolster the leadership capabilities of City Bank’s emerging and senior leaders on the IBA premises, says a press release.

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My BKB App adjudged best innovative initiative

The mobile application ‘My BKB App’ by Bangladesh Krishi Bank has been recognised as the Best Innovative Initiative under the State-Owned Specialized Bank category in the ‘Innovation Showcasing’ segment of the e-Governance and Innovation Action Plan 2024–2025.

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City Bank Holds BAMLCO Conference 2025

City Bank had recently organised its Branch Anti-Money Laundering Compliance Officers Conference 2025 at a local Hotel in Dhaka with the theme Strengthening AML Practices for a Safer Financial Future, said a press release on Saturday...