Pubali Bank Limited has opened a branch at Mathbaria in Pirojpur recently. Syed Moazzem Hussain, executive committee chairman of the board of directors of the bank, formally inaugurated the branch as chief guest, said a press release.

Apollo Hospitals has recently signed a corporate agreement with Social Islami Bank Limited (SIBL) to provide priority corporate benefits and medical services for the bank’s card holders and their dependents.

Bangladesh Bank has asked all private commercial banks and foreign banks operating in Bangladesh to disburse at least 2.5 per cent of their respective total loans/advances for agricultural and rural sectors. The central bank on Monday issued a circular to this effect that would come into force fr...

National Credit and Commerce (NCC) Bank has taken a new approach to banking for cluster financing to help innovative initiatives flourish across the country. The private sector bank has already offered a maximum of Tk 5 lakh collateral-free loans to the entrepreneurs of different sectors in Tanga...

Bangladesh Bank (BB) has taken a tough stance against private and foreign banks who will fail to reach their targets of farm loan disbursement.In case of failure, the banks will have to deposit the money with the central bank for one year.

Sonali Bank Ltd, the largest commercial bank of the country, received best brand award from Bangladesh Brand Forum, a wing of international survey organisation Nielsen. Mustaque Ahmed, managing director and CEO (additional charge), received the award on recently on behalf of the bank at a city ho...

Mercantile Bank Ltd. has appointed Faruq M. Ahmed as deputy managing director (DMD) of the bank, says a press release. Prior to joining Mercantile Bank, Ahmed was DMD of AB Bank. The banking expert Ahmed started his career with AB Bank as probationary officer in 1984 after completing his Honours...

Talukdar Noman Anwar has joined HSBC Bangladesh as head of marketing and communications with effect from today, the bank said in a statement yesterday. A marketing graduate from Dhaka University, he has over 15 years of professional experience including 10 years of marketing and brand management...

Dutch Bank Bank Ltd (DBBL) has been sponsoring Mosabbir Cancer Care Centre (MCCC) for its palliative care programme for poor cancer patients. AS part of it, DBBL recently provided an ambulance for the marginally inn cancer patients.

The Bangladesh Bank (BB) has detected various irregularities in commercial banks, including waiver of the principal amount of loans, and warned the banks against such malpractices. The irregularities found through an investigation were presented at a meeting of the chief executives of all banks y...