Banking

Banking

Shahjalal Islami Bank holds half-yearly business conference

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director

10h ago

Midland Bank, TallyKhata join forces to support small businesses

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi

10h ago

City Bank posts 21% rise in profit in H1

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually

10h ago

Dhaka Bank declares 10% dividend

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha

10h ago

Bangladesh applauds 20% US tariff as ‘good news’ for apparel industry

Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.

1d ago

BB to intervene in forex market

Bangladesh Bank (BB) will intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.

2d ago

Private credit growth target lowered amid low appetite

Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.

2d ago

Shabbirul Alam made BB executive director

Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin

2d ago

Shahjalal Islami Bank holds half-yearly business conference

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director

10h ago

Midland Bank, TallyKhata join forces to support small businesses

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi

10h ago

City Bank posts 21% rise in profit in H1

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually

10h ago

Dhaka Bank declares 10% dividend

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha

10h ago

Bangladesh applauds 20% US tariff as ‘good news’ for apparel industry

Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.

1d ago

BB to intervene in forex market

Bangladesh Bank (BB) will intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.

2d ago

Private credit growth target lowered amid low appetite

Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.

2d ago

Shabbirul Alam made BB executive director

Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin

2d ago

Prime Bank holds SME financing awareness programme in Saidpur

Prime Bank PLC recently organised an awareness programme titled “SME Cluster Financing Awareness Programme” for the small garments cluster in Saidpur, Nilphamari, aiming to promote inclusive and accessible financial services for the region’s thriving SME garment sector..Nawshad Mustafa, di

2d ago

UCB organises entrepreneurship development programme in Bogura

United Commercial Bank PLC (UCB) recently organised a month-long skills training initiative, titled the “Entrepreneurship Development Programme”, in Bogura, aimed at empowering aspiring and existing entrepreneurs who currently remain outside the formal banking and financial ecosystem..The

2d ago