Banking
Economy grows by 3.78% in Oct-Dec, slowest in three quarters
The Bangladesh Bureau of Statistics says in quarterly GDP estimate
UCB plans to take over troubled National Bank
United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders.
Meghna Bank approves 12.50% dividend
Meghna Bank approved a 12.50 percent dividend, including 10 percent cash dividend, for the year that ended on December 31, 2023.
Shahjalal Islami Bank holds 871st executive meeting
Shahjalal Islami Bank recently organised the 871st meeting of its executive committee at its corporate head office in Dhaka.
NCC Bank gets PCI-DSS certification for card data security
NCC Bank recently achieved the Payment Card Industry Data Security Standard (PCI-DSS) certification for card data security.
Bank Alfalah's profit triples
The multinational bank made Tk 43 crore in 2023, up from the previous year's Tk 13 crore
City Bank eyes takeover of BASIC Bank
State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank — a development that comes less than a week after the government decided in principle to merge four state banks
Islam re-elected as Jamuna Bank chairman
Md Saidul Islam has recently been re-elected as chairman of Jamuna Bank for another one year.
Shahjalal Islami Bank gives nod to investment proposals in board meeting
Shahjalal Islami Bank recently organised the 376th meeting of the Board of Directors of the bank at its corporate head office in Dhaka.
BRAC Bank gets new DMD
BRAC Bank recently promoted an official to the post of deputy managing director (DMD), effective from April 1.
Social Islami Bank MD attends APIF meeting in Saudi Arabia
Zafar Alam, managing director and CEO of Social Islami Bank, recently attended the 22nd meeting of the participants committee of Awqaf Properties Investment Fund (APIF) in Jeddah, Saudi Arabia, as a shareholder of the APIF.
Mercantile Bank donates funds to SWAC
Mercantile Bank recently donated Tk 5 lakh to the Society for the Welfare of Autistic Children (SWAC) as part of corporate social responsibility of the bank.
Bank Alfalah, Bangladesh Bank strike deal on green finance
Bank Alfalah Bangladesh recently signed a memorandum of understanding (MoU) with the Bangladesh Bank for green financing at reduced rates with support of the central bank.
Standard Bank elects Hoque as executive committee chairman
Md Zahedul Hoque has recently been elected as chairman of the Executive Committee of Standard Bank.
Meghna Bank to use Eastern Bank’s payment gateway
Eastern Bank recently signed a payment gateway agreement with Meghna Bank.
BRAC Bank to sell Pragati Life Insurance’s products
Pragati Life Insurance recently signed a bancassurance agreement with BRAC Bank, enabling the latter’s customers to conveniently purchase the insurer’s diverse range of insurance products.
AB Bank launches Islamic banking service
AB Bank has launched an Islamic banking service, named “Ahlan”.
Eastern Bank organises training on sustainable finance
Eastern Bank has organised a training programme to enhance knowledge and capacity of its employees in sustainable finance.
