boAt Expands in BD with DX Group Partnership

Singer Bangladesh reported a net loss of Tk 185 million in Q3 2024 due to lower-than-expected sales amid political unrest and floods, compared to a Tk 87.7 million profit in the same period last year.

Prime Bank has teamed up with MetLife Bangladesh to provide comprehensive life and medical insurance for its employees and their dependents. This partnership will protect over 9,600 individuals against medical expenses, accidents, disabilities, and loss of life. The agreement was signed in a ceremony attended by senior officials from both organizations, including Hassan O. Rashid, Managing Director and CEO of Prime Bank, and Ala Ahmad, CEO of MetLife Bangladesh.

Al-Arafah Islami Bank PLC has partnered with Star Tech Limited to offer exclusive discounts and zero percent EMI for up to 36 months on Star Tech products to the bank's La-Riba credit cardholders. Corporate customers will also receive occasional discount coupons. The agreement was signed by senior officials from both organizations at Star Tech's head office.

Eastern Bank PLC has partnered with JCX Developments to provide home loans for customers purchasing properties from the real estate company. The agreement was signed by M Khorshed Anowar, Deputy Managing Director of Eastern Bank, and M Muhit Hassan, Director of JCX Developments, at the bank's head office, with senior officials from both sides in attendance.

BRAC Bank, in partnership with Water.org and microfinance institutions, has launched a financing initiative to improve access to safe water and sanitation. The program, introduced at an event titled "Improving Lives through Water Supply and Sanitation" in Dhaka, focuses on providing financial support to rural communities and SMEs in the water and sanitation sector.

Standard Chartered Bangladesh has partnered with TK Group of Industries to provide trade solutions, including liquidity support and import financing. The agreement was signed by Luthful Arefin Khan, country head of transaction banking at Standard Chartered, and Tariq Ahmed, senior director of TK Group, at TK Group's Chattogram office.