GP Launches Bangladesh’s First Fixed Wireless Broadband

National Bank Limited launched the 'Nischinto Oboshor' savings scheme on September 5, 2024. The event was attended by Managing Director and CEO Touhidul Alam Khan, along with Deputy Managing Directors Sheikh Akhter Uddin Ahmed, Imran Ahmed, and Md. Abdul Matin. The scheme offers attractive pension benefits upon maturity for deposits of varying tenures and amounts.

Southeast Bank PLC’s International Division has achieved ISO certification from Bureau Veritas (Bangladesh), marking a first for a bank's international division in Bangladesh. The certification, presented by Bureau Veritas's Mahmudul Islam Khan to Southeast Bank's Managing Director Nuruddin Md Sadeque Hossain, recognizes the bank's adherence to global quality standards in international trade operations.

Investit Asset Management Limited has launched its first open-end mutual fund, "Investit Growth Fund," with an initial size of Tk25 crore. The fund, sponsored by Investit, is backed by a trust deed signed with Sandhani Life Insurance on September 2, 2024. BRAC Bank will act as the custodian. The fund aims to offer superior risk-adjusted returns by focusing on growth stocks, with Tk2.5 crore contributed by the sponsor and the rest from individual and institutional investors.

HSBC Bangladesh has been recognized as the International Retail Bank of the Year for the fourth consecutive year by the Asian Banking & Finance (ABF) Awards. Additionally, HSBC Bangladesh secured the Best Marketing and Brand Initiative of the Year award for the second consecutive year.

Prime Bank has launched "Prime Hasanah Payroll Banking," a new Islamic payroll banking service designed to meet the demand for Shariah-compliant financial solutions. Inaugurated by the bank's deputy managing director at its Dhaka head office, this service aims to support Islamic banking needs for SMEs and corporate clients through its 146 branches across Bangladesh. 

Summit Communications recently faced a reversal of the Bangladesh Telecommunication Regulatory Commission's (BTRC) decision to allow the company to transfer shares without paying a 5.5 percent fee. This decision, initially made in June, came under scrutiny due to Summit's close political ties, including connections to the Awami League leadership.