Islami Bank Bangladesh Limited promoted three high officials as deputy managing director (DMD) to the bank recently. The newly appointed deputy managing directors are--Muhammad Abul Bashar, Syed Abdullah Mohammad Saleh, Md Habibur Rahman Bhuiyan, said a press release.

Dutch-Bangla Bank Limi- ted recently arranged a managers’ conference to review the bank’s performance in the January-March period of 2011. KS Tabrez, managing director of the bank, presided over the conference, said a press release.

Riding on fast-growing technologies, banks are working to identify new business niches; to develop customised services, to implement innovative strategies and to tap new market opportunities. Mobile phone banking is one of those technologies that have been changing the scenario across the globe -...

The growth in GDP (Gross Domestic Product) in the next financial year (FY) would cross 7 per cent and the real GDP achievement will be nearer to 7 per cent in the current FY, Bangladesh Bank (BB) governor Dr Atiur Rahman said on Tuesday. He said Bangladesh's macro economy now is in the 'qualitati...

Three multinational banks have offered US$250 million loans to the Bangladesh Petroleum Corporation (BPC) as hard term credits.A consortium of three banks — HSBC, Standard Chartered and Citi Bank —offered the loan proposal to BPC for importing petroleum fuel with a 5.3 percent interest rate, a se...

Bangladesh Bank Governor Dr Atiur Rahman has said the central bank will not allow a further rise of the inflation rate as there are signs of good crop production this year. “Inflation is the biggest enemy of the poor.

Eastern Bank Ltd has launched two products 'EBL Unnoti' and 'SME Equity Builder' for small and medium entrepreneurs. EBL Managing Director and Chief Executive Officer Ali Reza Iftekhar launched the new products at a press conference at Sonargaon Hotel in Dhaka.

AB Bank Limited celebrated the 29th anniversary of its establishment across the country yesterday. All of the bank’s 81 branches organised programmes to mark the day in a befitting manner, said a press release.

Bangladesh Bank and all the scheduled banks will remain closed on April 14 (Thursday). The central bank announced the holiday on the occasion of Bengali New Year

First Security Islami Bank Ltd organised managers conference at Regency Hotel & Resort recently. AAM Zakaria, managing director of First Security Islami Bank presided over the conference, said a press release.