Midland Bank Partners with BP Manufacturing

To address rising egg prices and ensure adequate supply, the government has authorized the import of 18.80 crore eggs through 42 firms, with import permits valid until January 31, according to a Commerce Ministry notification issued on November 19. This comes as two pairs of brown eggs are currently selling for Tk 48–50 in Dhaka, reflecting a 12.64% price hike from Tk 42–45 a year ago.

Prime Bank PLC has entered into a banking services agreement with Kashpia Group, enabling the latter’s employees to access preferential services such as credit cards and loan facilities. The agreement, signed at the bank's corporate office in Dhaka on November 20, also includes access to PrimePay, Prime Bank's digital portal for automated salary disbursement and round-the-clock corporate payment solutions.

Midland Bank PLC and BP Manufacturing (BD) Co. Ltd. recently signed a Memorandum of Understanding (MoU) at BP Manufacturing’s headquarters in Uttara EPZ, Nilphamari.

Bangladesh Bank (BB) will tighten loan classification rules by March 2025 to align with International Monetary Fund conditions. The move could double the current defaulted loan figure of Tk 2,84,977 crore recorded in September, already the highest in South Asia at nearly 17% of total disbursed loans.