Islami Bank Bangladesh Limited inaugurated a month long service programme aiming better services for welfare and green banking. Mohammad Abdul Mannan, managing director of the bank presided over the inauguration function at Mohammad Younus auditorium of Islami Bank Tower. Acting chairman of the b...

Pubali Bank Limited (PBL) has inaugurated its 400th branch at Putijuri under Habiganj district recently. Chairman of the Board of Directors of PBL Hafiz Ahmed Mazumder, MP, formally inaugurated the branch while PBL Director Ahmed Shafi Choudhury attended the function as special guest, presided ov...

Bangladesh Bank (BB) has warned the commercial banks not to impose any condition of keeping deposits with the bank while insuring loans. The central bank yesterday issued a circular to all banks directing them to list the companies on the basis of credit rating instead of selecting them on their ...

International Finance Corporation (IFC), the private sector arm of the World Bank Group, has signed cooperation agreements with two training providers in Bangladesh to deliver the IFC Business Edge training for small and medium enterprises. Windmill Education Services Limited and SEBA Ltd signed ...

AB Bank Limited arranged a daylong workshop on BASEL II, a set of banking laws and regulations, on Saturday in the city. M. Wahidul Haque, chairman of the bank, inaugurated the workshop which covered important aspects for preparation of BASEL II statements and supervisory review process, said a p...

BRAC Bank was named the sole winner for ‘Best Retail Bank in Bangladesh’ at the 10th International Excellence in Retail Financial Services Awards Programme. Abdur Rahman, head of Branch Banking of BRAC Bank, received the award at the ‘International Excellence in Retail Financial Services 2011 Aw...

Mutual Trust Bank Ltd (MTB) recently launched "Privilege Banking", an exclusive service for its premium clients, as part of the bank’s affluent value strategy. MTB Founding Chairman Syed Manzur Elahi launched the new banking platform during a ceremony at MTB Centre in the city’s Gulshan on Sunday...

The government will sign a Memorandum of Understanding (MoU) with the scheduled banks today to facilitate electronic payment for the electronic government procurement (e-GP) system. The signing ceremony will be held at the Conference Room of IMEDivision of the Planning Commission at 3:00 pm in p...

Mainul Haque joined Sonali Bank limited as deputy managing director (DMD) on March 10 , says a press release. Prior to his join he was DMD of Bangladesh Krishi Bank. Mainul Haque started his career as a senior officer of the then Bangladesh Shilpo Bank in 1981.

HSBC Bangladesh received ‘AAA’ rating for the fourth consecutive year from Credit Rating Agency of Bangladesh Limited (CRAB). ‘AAA’ is the highest rating awarded by CRAB which is given to banks with extremely strong capacity to meet their financial commitments and judged to be of the highest qual...