Pubali Bank Ltd, once a government owned problem bank, recuperated by overhauling its services under private management that now has a vision to put it on the top. The bank has been able to recover most of its bad loans worth Tk 600 crore from different state owned corporations and change the mi...

IFIC Bank Limited announced ‘Literary Award-2011’ to encourage creative literary writings in Bengali language. Chairman of the bank Salman F Rahman announced it at a press conference held at a city hotel on Saturday, says a press release. Chairman of the bank’s executive committee Mohammad ...

The employees of Janata Bank Limited (JBL) accorded a reception to bank's director AKM Shahjahan Kamal as he was appointed administrator of Lakshmipur zila pari-shad. Local politicians, leaders of labour organisations and people from all walks were present at the reception ceremony, said a pre...

Bangladesh Bank needs highly skilled manpower for operating sophisticated tasks and the role of proper training is vital to develop professional efficiency, BB Governor Atiur Rahman yesterday said. He termed training as an endless process, saying that there is no alternative to it. Atiur Ra...

The inward remittance inflow reached US$ 6.07 billion in the first half of current fiscal, registering 11.06 per cent growth over the same a year ago, showed the central bank’s figures. In the same period of last fiscal, the remittance amounted to $ 5.46 billion. The provisionally released ...

The Asian Development Bank (ADB) is extending a $300 million energy infrastructure loan to help Bangladesh address critical power shortages that are undermining the economy and slowing poverty reduction efforts. The ADB's Board of Directors has approved the loan for the Power System Efficiency...

National Bank Limited has opened its 153rd branch at Muktagacha in Mymensingh yesterday. Neaz Ahmed, managing director and CEO of the bank, formally inaugurated the branch as chief guest while AKM Shafiqur Rahman, deputy managing director and company secretary of the bank, presided over the in...

NCC Bank Limited opened its 87th branch with online facility at Boalkhali, Chittagong on Wednesday. Director of the bank SM Abu Mohsin formally inaugurated the branch as chief guest while chairman of the bank Md Nurun Newaz Salim presided over the function, said a press release.

BASIC Bank Limited has opened its 45th branch in Faridpur district town yesterday. Sheikh Abdul Hye Bachchu, ex-MP and chairman of BASIC Bank, inaugurated the branch as chief guest. Prof Dr Kazi Akhter Hossain and Md Anwarul Islam, members of the board of directors of the bank, also attended t...

Eastern Bank Limited (EBL) provided a large number of blankets to Dhaka Metropolitan Police (DMP) for distributing among the poor cold-hit people across the country. Ali Reza Iftekhar, managing director and CEO of the bank, formally handed over the consignment to Benazir Ahmed, commissioner of...