Md Anisul Haque was elected chairman of Social Islami Bank Limited (SIBL) in its 266th board meeting held Sunday. Mohammad Azam and A Jabbar Mollah have also become vice-chairmen, said a press release. Md Anisul Haque is the finance director of Hamdard (Waqf) Bangladesh. He has been also a direct...

Millennium Information Solution Limited , a Gartner-awarded Islamic banking solution (IBS) software company, is now moving to Asian countries with its flagship product 'Ababil' to cope with the rising demand of Islamic Shariah-based banking. Mahmud Hossain, Chief Executive Officer (CEO) and Co...

The country's leading economists and bankers Sunday identified severe weaknesses of state-owned commercial banks (SCBs) and risks related to ensuring financial stability and management operations as the major challenges to maintenance of sustainable development of the country's overall banking se...

A follow-up meeting on loans under consumers’ credit scheme was held at Pubali Bank head office recently, says a press release. Helal Ahmed Chowdhury, managing director of Pubali Bank Limited, presided over the Meeting. M.A. Halim Chowdhury, additional managing director, Mahbub Mustafizur Rahman...

The 111th branch of United Commercial Bank (UCB) was opened at Anowara, Chittagong on Sunday. Chairman of Parliamentary Standing Committee on Ministry of Textiles and Jute Akhtaruzzaman Chowdhury and UCB chairman and managing director M. Shahjahan Bhuiyan were present at the branch opening cerem...

Standard Chartered Bank inaugurated an employee banking kiosk on the premises of British American Tobacco Bangladesh (BATB) office recently, says a press release. The kiosk is a unique dedicated space for the BATB employees to avail themselves of the bank’s services. The kiosk has an ATM machine ...

Islami Bank Bangladesh Limited has launched iTransfer and iRecharge services. It will introduce new horizon in the banking sector of Bangladesh, the officials said on Sunday. Through iTransfer one can transfer upto Tk 5 lakh from his account to other’s and through iRecharge one can upload money i...

A five-day Small and Medium Enterprises (SMEs) fair will begin on December 20 at the Bangabandhu International Conference Centre (BICC) in the city. Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country’s apex trade body, is organising the fifth SME fair, according to a ...

The central bank has decided to start special inspection to verify the reports submitted by banks on their holding and utilisation of foreign exchange, officials said. The Bangladesh Bank (BB) has initiated the latest move against the backdrop of allegations of concealment of facts in the repo...

Eastern Bank Limited (EBL), organised a workshop on “Global Trade Services and Challenges in Bangladesh” at The Peninsula Chittagong on December 6, says a press release. International Chamber of Commerce rules and regulations, global practices and different challenges for Bangladesh were discusse...