Dhaka, June 15: The Securities and Exchange Commission (SEC) has brought changes in merchant bank and portfolio manager rules 1996, barring the merchant banks from appointing or sacking their managing directors and chief executive officers without its prior permission. The rules were amended afte...

Jamuna Bank Limited inaugurated a free sewing centre and a vocational training centre for the underprivileged women and deprived meritorious students respectively. The projects financed by Jamuna Bank Foundation are situated at Jafrabad, Mohammadpur in the city.

Today, M.H. Business School, Presidency University has arranged a seminar on Modern Banking at it's Aman Conference Hall. Mr. Syed Mahbubur Rahman, Managing Director & CEO of BRAC Bank Ltd was present in the seminar as guest speaker. During his speech, Mr. Syed Mahbubur Rahman has given a present...

City Bank, in the category of Outstanding New Card Launch, has won American Express marketing award for its outstanding marketing programmes in Bangladesh. This award is the recognition of the “best of the best” amongst American express’ GNS partners across 131 countries in marketing, customer se...

Trust Bank Limited and Investment Cor-poration of Bangla-desh (ICB) recently signed a deal for the issuance of Trust Bank Limited Tk 2.5 billion unsecured, subordinated and non-convertible bond.

Shahjalal Islami Bank recently signed an agreement with Banglalion Communications Limited on collection of internet bills and other payments. Md Abdur Rahman Sarker, managing director and CEO of Shahjalal Islami Bank Ltd and Neil Graham, chief executive officer of Banglalion Communications Limite...

Bangladesh Bank would introduce E-Payment Switch and E-Payment Gateway soon to make financial transitions easier, BB Governor Dr Atiur Rahman said yesterday. “The central bank will introduce E-payment Switch with World Bank fund and E-payment Gateway will be set up with our own financing,” he sai...

One of the major causes of the current global financial crisis is the absence of risk sharing which dilutes market discipline in the financial system and leads to excessive lending, high leverage, speculation and unsustainable rise in asset prices, observed participants at a two-day long internat...

Grameenphone Ltd. (GP) has recently signed an agreement with Social Islami Bank Limited (SIBL) to provide complete communication facilities under its Business Solutions package.

The conference of the executives of Head Office and managers of Dhaka-based branches of NCC Bank was held at the bank’s Head Office yesterday. Alhaj Md Nurun Newaz, chairman of the bank attended the conference as chief guest, said a press release. Vice Chairman Mostafizur Rahman was also present ...