Bank Asia plans to accelerate the expansion of retail and SME lending, strengthen its presence at home and abroad, widen its agent network, and continue leading digital innovation in the coming years. The private bank wants to expand SME and retail loans to at least 50 percent of the total portfolio within the next three years.
Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.
Interview of Sohail R K Hussain, Managing Director, Bank Asia
The bank's Jan-Sep profit declined 42% year-on-year
Though the government allocates Tk 100 crore in the national budget every year for the development of women entrepreneurship, not a single penny of this money gets used as the entrepreneurs lack awareness on how to ensure optimum utilisation of the fund.
Bank Asia PLC suffered a 31.7 percent year-on-year decrease in profit to Tk 208.9 crore in 2023
A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
Its Jan-Sep profit hits Tk 382 crore this year, up from Tk 312 crore last year
Around 1.6 lakh customers have so far taken the loan
A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
Its Jan-Sep profit hits Tk 382 crore this year, up from Tk 312 crore last year
Around 1.6 lakh customers have so far taken the loan
Bank Asia has decided to be a sponsor shareholder of a proposed digital bank by investing Tk 12.50 crore, said the private bank today.
Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia
Chowdhury’s far-reaching thoughts opened doors of economic development and introduced new dimensions to the country's trade and industry
A branch of Bank Asia has been locked down as a coronavirus positive patient visited the bank two days back.
Bank Asia and the World Savings and Retail Banking Institute (WSBI) recently hosted a three-day event to share ideas on how banks and other financial institutions may bring more than