Q1 profit sees a 16pc increase for Mercantile Bank

Mercantile Bank has reported a 16 per cent upturn in profit for the Q1 of 2021. The bank has been listed on...

Tk454 cr profit after tax reported by BRAC Bank for the year 2020

A net profit after tax (NPAT) of Tk 454 crore by the BRAC Bank Limited (BBL) on a standalone basis and an...

Interbank cheque clearing system restored by Bangladesh Bank

Bangladesh Bank, on April 18, has restored the interbank cheque clearing system in a major relief for users but a backlog of...

Standard Chartered Bank recipient of the ‘Best Mobile Banking App’ award

Standard Chartered Bank Bangladesh is the recipient of the best mobile banking app award at The Global Economics Awards 2021. This is...

Bank Asia Limited appoints Tania Nusrat Zaman as Director

Bank Asia Limited has appointed Tania Nusrat Zaman as their new director. In 1987, she began her career as...

Mutual Trust Bank promotes Md Khalid Mahmood Khan as DMD

Mutual Trust Bank has recently promoted Md Khalid Mahmood Khan as their new deputy managing director with effect from 1st of April.

Handset bundle offer inaugurated by the Community Bank and Robi

Robi and Community Bank Bangladesh have recently inaugurated a handset bundle campaign for the bank’s employees and members of the Bangladesh Police...

EzyBank is introduced by Dhaka Bank Limited

‘EzyBank’, a Digital Account Opening application, was recently inaugurated by Dhaka Bank Limited. Managing Director and CEO of Dhaka Bank Limited, Mr....

Shortened operation hours for banks and bourses as customers panic

Stock Exchanges and banks will be operating with shortened working hours from April 5 as the government has mandated restrictions of public...

Karmasangsthan Bank promotes Mahmuda Yasmin and Md Anissuzaman to general managers

Karmasansthan Bank has promoted Mahmuda Yasmin and Md Anisuzzaman to the position of general managers and joined the head office on March...

6% cash and 5.5% stock dividends announced One Bank Limited

Cash and stock dividends of 6 per cent and 5.5 per cent respectively have been recommended by the One Bank Limited for...

Prime Bank promoted Shams Abdullah Muhaimin & ANM Mahfuz as DMD

Prime Bank Limited has recently promoted Shams Abdullah Muhaimin and ANM Mahfuz as their new Deputy Managing Directors. Before...

Humaira Azam enthroned as the first woman to become CEO and MD of a...

The newly appointed chief executive officer and managing director of Trust Bank, Humaira Azam, has achieved the distinction of being the first...

Prime Bank promotes Faisal Rahman to AMD

Prime Bank has promoted Faisal Rahman to additional managing director position. Before the promotion, Faisal has served as the...

ASIAMONEY’s Best Digital Bank award goes to City Bank

A leading global financial publication, ASIAMONEY, has recently awarded City Bank for their outstanding contributions in digital banking in Bangladesh with an...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...