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Business & Commerce
Global goods trade has continued to recover in the third quarter of 2024 after demand for traded goods stalled in 2023 amid high inflation and rising interest rates, according to the latest WTO Goods Trade Barometer. Despite the positive signal from the barometer index, the outlook for trade re...
The first meeting of Global Islami Bank's new board of directors was held recently at the bank's Head Office in Gulshan, Dhaka. Independent Director and Chairman of the Board Mohammad Nurul Amin presided over the meeting.The bank's Independent Directors. Md. Zamal Mollah, Nurul Islam Kha...
NRBC Bank PLC. Signed an agreement with Placid Express, USA a USA-based remittance company, with a view to expanding the range of remittance services. On Wednesday at Head Office of the Bank Kabir Ahmed, Deputy Managing Director of NRBC Bank and Mohammed Rashid, Director...
BRAC Bank has entered a strategic partnership with the Mediterranean Shipping Company (MSC), the world’s largest container shipping company, to support its cashless transformation initiatives.In alignment with MSC’s vision of going cashless, the bank has deployed Real-Time Cash Deposit M...
United Commercial Bank PLC Limited (UCB), held its first board meeting with the newly-formed board today at its corporate head office. Distinguished businessman and the Chairman of UCB, Sharif Zahir presided over the meeting. Md. Shazzad Hossoin, Vice-Chairman of UCB; Md. Tanvir Khan, Chairman ...
The Bangladesh Bank will form three separate task forces on the issues of non-performing loans management, Strengthening Project and legal framework to improve the current situation of the banking sector, Association of Bankers Bangladesh (ABB) Chairman Selim RF Hussain said on Wednesday, quoting BB...
Takaful Islami Insurance Limited has settled Tk. 42,86,768 fire insurance claim in a ceremony recently. Abul Kalam Azad, Chief Executive Officer of the company handed over a cheque of the claim amounting Taka Forty Two Lac Eighty Six Thousand Seven Hundred Sixty Eight to Md. Zillur Rahman Khan,...
Farzana Lalarukh, Associate Professor of the University of Dhaka, has been appointed as the commissioner of the Bangladesh Securities and Exchange Commission (BSEC).The Financial Institutions Division of the Ministry of Finance issued a gazette notification in this regard to...
The inaugural meeting of the newly constituted Board of Directors for Union Bank PLC., appointed by Bangladesh Bank, took place on Monday at the bank’s head office. The meeting was chaired by the newly appointed Chairman, Md. Fariduddin Ahmed.Attendees included the newly appointed board member...
Southeast Bank PLC. has provided financial support to Habiganj Agricultural University for agricultural research under a special CSR fund. Financial assistance has been handed over to Professor Md. Abdul Baset, Vice-Chancellor of Habiganj Agricultural University in Presence of Nuruddin Md. Sade...
Investit Asset Management Limited (IAML) has taken move to launch its first opened mutual fund scheme named 'Investit Growth Fund'. This new fund is designed to provide investors with superior risk-adjusted returns through a focused investment strategy in growth stocks. The trust d...
The Dhaka Mercantile Co-Operative Bank Ltd. (DMCB) awarded “THE BIZZ ASIAAWARD2024” held from 26-29thAugust in Singapore. The event was organized by a USA-based organization “The World Confederation of Business (WORLDCOB).Senior Executive Officer of IT Department, Md. Mos...
Janata Bank Staff College arranged a day-long workshop on Saturday to make all General Managers of Janata Bank more aware of anti-money laundering and anti-terrorist financing practices.Md. Abdul Jabbar, the managing director of the bank attended the event as the chief guest..Two Joint Directors of ...
The newly-formed board of Social Islami Bank PLC exchanged views with the Divisional Heads and Branch Managers of Dhaka city recently at the Bank’s head office.Professor of the Department of Finance at University of Dhaka Dr. M. Sadiqul Islam, FCMA, newly elected Chairman of the Bank, was pres...
The Bangladesh Bank has reconstituted the board of directors of Fast Security Islami Bank (FSIB) PLC and appointed Abdul Mannan, former managing director of Islami Bank, as the chairman of the board.The central bank today sent a letter in this regard to Fast Security Islami B...
Eastern Bank PLC. (EBL), a leading private sector financial institution in Bangladesh, has launched Shariah-based Islamic banking services. The services will primarily be provided in 20 branches across the country through 20 Islamic Banking Windows. In the remaining branches, there will be Isla...
Dhaka Chamber of Commerce & Industry (DCCI) has applauded the interim government for taking the decision to reduce the prices of fuel oil at all stages adjusting with the international market. Dhaka Chamber President Ashraf Ahmed believes that due to this timely decision of the government, ...
Speakers at a meeting highlighted needs to improve overall governance level amongst Listed Companies also discussed ease of doing business. The discussion took place as a delegation from the Bangladesh Association of Publicly Listed companies (BAPLC), led by President Rupali Haque C...
Md Nazrul Islam Swapan, a businessman and industrialist, was unanimously elected as the chairman of the board of directors of EXIM Bank.The decision was taken at the 174th board meeting of the Exim Bank, said a press release on Thursday. Before this, Nazrul served as a member of the board of di...
Capital market expert professor Abu Ahmed has been appointed as the chairman of the Investment Corporation of Bangladesh (ICB).He has been given this responsibility for the next three years. This information was informed in a notification issued by the Financial Institutions Department of the Minist...
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