Mutual Trust Bank Ltd (MTB) recently launched "MTB Student Banking" with two tailor-made deposit products - MTB Junior and MTB Graduate for students. Industries Minister Dilip Barua launched the new products at the inaugural ceremony of "MTB Student Banking 4th BUETDC Debate Championship 2011" a...

City Bank has been sponsoring Joyodhoni album arranged by Akkhor Production to inspire the Bangladesh National Cricket team. SEL (Structural Engineers Ltd), however, is co-sponsoring the album, now available all over the country including Dhaka, Sylhet and Chittagong.

Bad loans in the country’s banking system declined significantly thanks to the central bank’s proper monitoring and effective steps by respective banks to get rid of the defalut culture. Accoriding to Bangladesh Bank (BB), the default loan declined by Taka 1,379 crore in three months during the l...

Masud Ahmed Khan, a veteran bailker, on promotion has joined Bangladesh Krishi Bank recently, says a press release. Prior to this position, he was the Gencral Managcr of the same bank. He started his banking career as Scnior officer of Bangladcsh Krishi Bank in 1980.

The Sonali Bank Limited, a state-owned commercial bank, will provide Tk 2.0 billion for the Bangladesh Fund (BF), a proposed open-ended mutual fund to salvage the troubled stock market. The fund was approved at its 186th board meeting of the bank on Monday in Dhaka. With Kazi Baharul Islam, chai...

First Security Islami Bank Limited (FSIBL) has donated Tk 100,000 to the Wrishiz Shilpee Ghosthi as part of its efforts to promote art and culture of the country. AAM Zakaria, managing director of FSIBL, handed over the cheque to Fakir Alamgir, president of Wrishiz Shilpee Ghosthi at FSIBL head ...

Dhaka Bank Ltd recently opened its 57th branch in Jessore with all modern banking facilities including online banking. Khondker Fazle Rashid, managing director of Dhaka Bank Limited inaugurated the branch as the chief guest, said a press release.

Premier Bank Ltd relocated its Gulshan branch to a new location on plot no 78 at Gulshan Avenue on Sunday. Dr Syed Modasser Ali, health adviser to the prime minister and Dr. HBM Iqbal, chairman of the bank, were present on the occasion and inaugurated the new premise of the bank’s Gulshan branch,...

Finance Minister AMA Muhith on Tuesday said that the World Bank has offered Bangladesh a US$ 25-30 million IDA credit to help repatriation of the Bangladeshi nationals staying in the troubled Lybia. “The World Bank has offered support of US$ 25-30 million as an additional IDA which is not in our ...

The National Bank Limited (NBL) yesterday recommended 95 per cent stock dividend for its shareholders for the year 2010 at its 28th annual general meeting held at Bangabandhu Internati- onal Conference Center in Dhaka yesterday. The meeting was attended by more than 15,000 shareholders and the di...