ONE Bank will arrange syndicated finance worth Tk 2110 million for financing Argon Spinning Limited for setting up a specialized spinning mill.

The World Bank on Wednesday projected that Bangladesh’s GDP growth would hit 11-year low to 5.4 per cent in the current fiscal year because of fallout from the political unrest in the first half of the year.

Abdus Samad was re-elected Chairman of Executive Commitee of the Board of Al-Arafah Islami Bank Limited.

bKash is offering 20 percent cash back to its customers for use of the service at Deshi Dosh outlets to mark the coming Bangla New Year or Pahela Baishakh, the mobile financial service provider said in a statement yesterday.

A “Business Development Conference” organised by Al-Arafah Islami Bank Limited was held at the bank’s head office on Wednesday. Badiur Rahman, Chairman of the bank attended the conference as chief guest, said a press release.

The 69th foundation training course for the newly-recruited Management Trainee officers of Prime Bank Limited was concluded at HR Training & Development Center of the bank recently.

NCC Bank Limited recently organised a conference for the executives and officers of the bank branches in greater Noakhali and Comilla. Golam Hafiz Ahmed, acting Managing Director of the bank attended the conference as chief guest, said a press release.

Engr Farasath Ali has been re-elected chairman of NRB Commercial Bank at its 18th board meeting held recently, says a press release.

Bangladesh Bank on Tuesday extended six months time limit for authorised dealer branches of all scheduled banks to submit their application through the hard copy of taking approval on behalf of their customers to work as local agent for their foreign companies.

Sonali Bank yesterday filed another case against Hall-Mark Group on charges of taking over Tk 60.27 crore in loan on fake documents.