Business

BIAC signs MoU with BCCCI

A Memorandum of Understanding (MoU) was concluded on Wednesday at a simple ceremony between Bangladesh International Arbitration Centre (BIAC) and Bangladesh China Chamber of Commerce and Industry (BCCCI) at BIAC Secretariat in Dhaka.The MoU was signed by the Chief Executive Officer of BIAC, Kaiser ...

Business

BRAC Bank customers get security tips on cards, online transactions

BRAC Bank regularly informs its customers to strictly maintain the confidentiality of card information and password for the safety and security of online and card-based transactions. In a series of awareness communications, BRAC Bank has disseminated safety and security tips for transactions th...

Business

AIBL approves 15pc cash dividend

The 27th Annual General Meeting (AGM) of Al-Arafah Islami Bank Ltd. was held on Thursday virtually.The meeting was presided over Alhajj Salim Rahman, Chairman, Board of Directors of the Bank. The meeting approved 15% Cash Dividend for the Shareholder for the year ended on 31st December 2021.Vice Cha...

Business

Padma Bank inks deal with Flora for digital transformation

Padma Bank and Flora Systems Ltd signed an agreement regarding the Digital Transformation of the bank at it’s Gulshan Corporate Head Office on Wednesday.Tarek Reaz Khan, Managing Director and CEO of Padma Bank and Mustafa Rafiqul Islam, Chairman & Managing Director of Flora Systems Ltd sig...

Business

SBAC Bank holds 148th board meeting

South Bangla Agriculture & Commerce (SBAC) Bank Ltd 148th Board meeting was held at its Head Office recently. Abdul Kadir Molla, Chairman of the Board of Directors of the Bank presided over the meeting.On the occasion of the 47th martyrdom anniversary of Father of the Nation Bangabandhu She...

Business

PRAN joins hands with ACDI/VOCA for dairy development

PRAN Dairy Limited and US-based international organization ACDI/VOCA have signed a deal to strengthen dairy development in Southern Bangladesh. They signed the deal to help the dairy sector in the Southern districts under the USAID-funded ‘Feed the Future Bangladesh Nutrition program&rsqu...

Business

Pubali Bank holds business confce

Pubali Bank Limited's 2nd Business Conference-2022 of regional and corporate branch managers was held at the bank’s head office auditorium on Thursday.Monzurur Rahman, chairman of the Board of Directors of Pubali Bank Ltd was the chief guest at the conference with the participation of all ...

Business

Premier Bank, SEHEO organise open farm credit disbursement program

The Premier Bank Limited and Socio Economic Health Education Organization (SEHEO), an NGO/MFI, arranged an Open Agriculture Credit Disbursement Program at the auditorium of Johan Dream Valley Park & Resort in Jhenaidah recently. Monira Begum, Deputy Commissioner of Jhenaidah, attended the p...

Business

NBL holds business review meeting of Khulna, Shariatpur zones

The business review meeting 2022 of Khulna and Shariatpur Region of National Bank limited was held at the Bangladesh Rice Research Institute, Regional Station, Faridpur on Wednesday.Md. Mehmood Husain, Managing Director and CEO of the bank presided over the meeting.The Managers of 46 branches of Khu...

Business

MetLife settles insurance claims of Tk 1,279 cr in F1 2022

MetLife Bangladesh customers have received 1,279 Crore Taka from their insurance policies in the first six months of 2022 (January – June). This amount includes amount received from policy maturity, and claims from loss of life and medical needs. Customers of MetLife Bangladesh enjoy...

Business

HSBC wins Asian banking and finance award

HSBC Bangladesh has been awarded the '2022 Asian Banking and Finance Awards' for International Retail Bank of the Year for the second time in a row and the 'Branch Innovation of the Year - Silver' in Bangladesh.HSBC Bangladesh has been able to secure the award for two consecutive yea...

Business

Jamuna Bank holds business conference of Sylhet zone

Jamuna Bank Limited organized Sylhet Zone Half Yearly Business Conference 2022 recently.Senior management officials of the Bank exchanged their views with new customers, panel lawyers and officers of 6 branches of that zone regarding business and growth. Chairman of Jamuna Bank Ltd and Jamuna B...

Business

MoU signed to implement USAID-funded nutrition activity

ACDI/VOCA signed a Memorandum of Understanding (MoU) with the Department of Livestock Services (DLS), Government of Bangladesh, on the collaboration regarding the implementation of the USAID funded ‘Feed the Future Bangladesh’ Livestock and Nutrition Activity.The MoU is signed aiming to ...

Business

Grameenphone launches robust data packs

Grameenphone, the digital connectivity partner, has launched robust hourly first-of-its-kind data packs "Hourly Unlimited Data Campaign" for its customers.Creating optimum value for money, the Hourly Unlimited Data Campaign features two products – 2 hours of unlimited Internet (cap 8...

Business

Shakawath Hossain new co-chairman of BIHA

Bangladesh International Hotel Association (BIHA) has selected Md Shakawath Hossain, Chief Executive Officer (CEO) of Unique Hotel and Resorts PLC as the Co-Chairman of its standing committee of Planning and Development for the advancement of the hotel industry in Bangladesh.Considering his contribu...

Business

IBBL plants saplings to mark Bangabandhu’s martyrdom anniversary

Islami Bank Bangladesh Limited organized a Tree Plantation program over 47th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman on Thursday at Nayapaltan, Dhaka. Mohammed Monirul Moula, Managing Director & CEO of the Bank attended the program as chief guest.&nbs...

Business

Strong ruble draws foreign workers to Russia

Over 3.12 million people entered Russia in the second quarter of 2022 to work, TASS reported on Monday citing data from FinExpertiza audit and consulting network.“In the second quarter of 2022 there were 4.16 million foreigners on migration registration… while 3.12 million people (75%) ...

Business

UNCDF features BRAC Bank’s success in digital remittance in its case study

BRAC Bank’s success story of digital remittance has been featured in the case study of United Nations Capital Development Fund (UNCDF). The study titled ‘Shifting from cash to digital remittances during the pandemic: A case study of BRAC Bank in Bangladesh’ sheds light on how ...

Business

Padma Bank upgrades and centralises CAD

Padma Bank Limited has launched a Centralized Credit Administration Department to make the overall loan collection & Reporting of CIB to BB, Documentation, Preservation of security Documents etc process easier and more transparent. The centralization revolution is going on under the supervi...

Business

IBBL distributes food marking Bangabandhu’s martyrdom anniversary

Islami Bank Bangladesh Limited organized a food distribution program marking the 47th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman on Wednesday at Jamia Darul Ulum Motijheel Madrasah. Mohammed Monirul Moula, Managing Director & CEO of the Bank addressed th...