Banking
Remittance jumps 15.59% in June
It hit $2.54 in June this year, up from $2.19 billion in the same month last year
Bangladesh cuts cash incentive for exporters further
From FY25 beginning today, the maximum rate of export incentive has been set at 10% and the minimum at 0.3%
Abdul Hai Sarker re-elected as chairman of Dhaka Bank
Abdul Hai Sarker has recently been re-elected as the chairman of Dhaka Bank for a two-year term.
Community Bank holds 54th board meeting
Community Bank Bangladesh today held its 54th board meeting at the Police headquarters in Dhaka.
Bank branches to stay close tomorrow for bank holiday
Branches of commercial banks will remain officially closed tomorrow, for which the branch-based banking services will be unavailable to clients, due to July 1 being a bank holiday
BRAC Bank launches VISA platinum Flexi Card
BRAC Bank recently launched a new “VISA Platinum Flexi Credit Card” designed for the youth and young professionals aspiring to elevate their lifestyle.
Payment period for raw material imports extended till Dec
The previously fixed 360-day usance period ended today
Jamuna Bank to set up asset management company
Asset management companies invest pooled funds from clients into various securities and assets
Sonali Bank awarded for outstanding performance in APA
Sonali Bank was awarded with the top position among the state-owned commercial banks of Financial Institutions Division (FID) under the Ministry of Finance for implementing the Annual Performance Agreement (APA) in 2022-23.
Bank Asia organises AML & CFT Conference 2024
Bank Asia organised the annual “AML & CFT Conference 2024” with the theme of “AML-CFT: Fostering & Enduring a Culture of Complianceˮ to enhance anti-money laundering (AML) and combat the financing of terrorism (CFT).
Al-Arafah Islami Bank organises conference on school banking in Bagerhat
Al-Arafah Islami Bank today organised a daylong conference on school banking in Bagerhat with the aim of making a habit of saving among students.
NRB Bank declares 10% cash dividend
NRB Bank recently announced a 10 percent cash dividend for general shareholders for the year that ended on December 31, 2023.
Global Islami Bank opens two sub-branches
Global Islami Bank recently opened two sub-branches, located at Nikunja of Dhaka and Akran Bazar of Savar respectively.
16 non-life insurers fined Tk 83 lakh for irregularities
All but Bangladesh Co-operative Insurance have already paid the fines
Another sponsor director pulls out of Islami Bank
Bangladesh Islamic Centre to sell its entire stake
Meghna Bank opens Bhulta branch in Narayanganj
Meghna Bank recently opened the 54th branch of the bank at Bhulta in Narayanganj.
Mutual Trust Bank launches bancassurance service
Mutual Trust Bank (MTB) recently launched its bancassurance service, marking a significant milestone in the banking and insurance sector in Bangladesh.
Exim Bank announces 10% cash dividend
Exim Bank announced a 10 percent cash dividend for the year that ended on December 31, 2023.
