Three companies, including Rupali Bank, have recommended stock dividends for the year 2010. The Board of Directors of Rupali Bank has recommended 10 percent stock dividend for the year ended on December 31, 2010, according to a posting on the DSE website on Wednesday. The date of annual general m...

NCC Bank Ltd relocated its Patgram branch in Lalmonirhat at a new premises. TM Faruque Chowdhury, deputy managing director of the bank formally inaugurated the new premises as chief guest, said a press release.

Sajjad Hussain recently joined Dhaka Bank Limited as a deputy managing director (DMD), says a press release. Mr. Hussain started his banking career in 1984 with American Express Bank. He was serving as the senior director country operations when he moved to the United States in 1998 and joined A...

The Hong Kong and Shanghai Banking Corporation (HSBC) has launched the ‘HSBC Export Excellence Awards-2010’ to recognise the highest performing firms in boosting the country’s export growth. The award was introduced last year to acknowledge the contribution of the enterprises who established Bang...

Islami Bank Bangladesh Ltd will introduce a special investment scheme to create job opportunities for the Bangladeshi expatriates who returned home from different countries due to natural and financial turmoil.

First Security Islami Bank Limited (FSIBL) donated Tk 500,000 to OGSB Hospital and Institute of Reproductive and Child Health for construction of a 150-bed hospital. AAM Zakaria, managing director, First Security Islami Bank Limited handed over the cheque to Prof. Shahla Khatun, chairman, OGSB Ho...

The annual conference of the branch managers of Sonali Bank Limited (SBL) was held in Rangpur yesterday. Rangpur Divisional General Managers’ Office organised the conference at the ASOD training centre with AFM Ali Asgar, DGM (Incharge) of the bank in the chair, said a press release.

Social Islami Bank Limited (SIBL) launched new deposit schemes for its clients in Chittagong. SIBL announced the launching of five new deposit schemes at a press briefing and view exchange meeting at a local hotel in the port city on Friday evening.

The country’s banking sector to a large extent got back from funds crisis as the central bank though repurchase agreement (repo) is infusing sufficient currency in the money market everyday. The money infusion will be five times higher than money it withdrawn through increasing the cash reserve ...

The government has distributed agricultural loan of Tk 50 billion among the farmers through the commercial banks for farming and processing various agricultural crops including spices, pulses, corns and oil seeds in the current fiscal year.