Bangladesh Bank (BB) will finalise the draft amendment to the Banking Companies Act by June. The final draft will take the major amendment process a step forward, but the fate of the much-talked about reform will depend on the active efforts of the higher authorities, a central bank official said...

Rupali Bank has appointed Arifur Rahman, Md Wahiduzzaman Khandaker, Debasish Chakarabarty and Hosneara Begum as general manager of the bank, recently, says a press release. Hosneara Begum joined Rupali Bank as general manager. Prior to joining this bank as GM she had been DGM in the same bank.

Shareholders of Prime Bank Limited approved the Financial Statement of the Bank for the year 2010 and declared 35 per cent stock dividend, 5 per cent cash dividend at the 16th Annual General Meeting held on Sunday at the Winter Garden of Hotel Sheraton. Azam J Chowdhury, chairman of the board of ...

Pubali Bank Ltd arranged a workshop titled “Revised Stress Testing” for its officers at the bank’s head office in the city recently. Helal Ahmed Chowdhury, managing director of Pubali Bank attended the workshop as chief guest, said a press release.

Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed Tk 6.26 billion as loan to boost rural economy as well as create employment through enhancing agricultural and non-agricultural production everywhere in the country’s north-western region during the first eight months of the current 2010-11 fisca...

Sonali Bank organised a get-together meeting for its senior officials in Sylhet. Kazi Baharul Islam, chairman of the bank, attended the meeting at the general manager’s office in Sylhet recently, said a press release.

Mutual Trust Bank Limited (MTB) witnessed a profit growth by 21 percent during 2010, while the profit after tax showed a sustainable rise by 27 percent compared to 2009. The bank's balance-sheet footing increased by over 11 percent, at the end of 2010, compared to the previous year. The Capital A...

Md Wahiduzzaman Khandaker and Debasish Chakrabarty have recently been appointed general managers of Rupali Bank. Prior to joining Rupali Bank, Khandaker was the deputy general manager of Investment Corporation of Bangladesh (ICB) and Chakrabarty was the deputy general manager of House Building Fi...

The board of directors of Islami Bank Bangladesh Ltd recommended 35 percent stock dividend for the shareholders for the year 2010, subject to the approval of the 28th Annual General Meeting (AGM) of the bank.

Bangladesh Bank governor Dr Atiur Rahman on Wednesday urged the top executives of banks and financial institutions (FIs) to come up with pragmatic steps to help the repatriated Bangladeshis through banking channel.