As part of CSR Programme, First Security Islami Bank Limited has distributed blankets among the cold-hit people of Bogra recently. Among others Mr. Mujibur Rahman, General Manager, Bangladesh Bank, Bogra, Mr. Shah Mohammad Mehdi Hasan Himu, local ward commissioner were present.

Tradings of MBL 1st MF, BRAC Bank bond make debut Feb 8Tradings of MBL 1st Mutual Fund and Subordinated 25 per cent Convertible Bonds of BRAC Bank Limited will begin on the Dhaka Stock Exchange (DSE) February 8. According to a board meeting decision of DSE, trading of the units of MBL 1st Mutual ...

The Asian Development Bank has been urged to sharpen its focus on development priorities of Bangladesh in its next Country Partnership Strategy (CPS) for 2011-15. Stakeholders said at a discussion that prioritization helped improve quality of education, technical education & teachers’ training an...

The High Court yesterday declared illegal the share forfeiture of The Oriental Bank (presently ICB Islami Bank), owned by Orion Group and other former shareholders, the group said in a statement. HC also announced that the omissions of the shareholders' names are also malafide and the forfeitures...

Eastern Bank Ltd has arranged as syndicated term loan facility of Tk 980 million for HG Aviation Limited to purchase two 50-seat DASH 8 Q300 aircrafts.

City Bank Ltd has recently appointed Sohail R K Hussain and Ehsan Khasru as its new additional managing directors. Prior to their new positions, Sohail R K Hussain was serving the bank as a deputy managing director(DMD) and Head of Business while Ehsan Khasru as Chief Risk Officer and another de...

The World Bank would lend Bangladesh one billion dollar as budgetary support in the next three years provided it is satisfied with the progress of reforms pledged in the country's last two budgets, officials said Tuesday. They said the development lender has asked the government to submit the sta...

The half-year Monetary Policy announced by Bangladesh Bank (BB) governor Dr Atiur Rahman on Sunday last has shed light how the central bank helped recovery momentum in the economy. The MPS, as the Monetary Policy Statement is called, said, recovery momentum in economic activities materialized i...

In a major step, the Securities and Exchange Commission (SEC) yesterday decided to let lenders take decisions on share credit and perform other tasks related to margin loan disbursement and maintenance. The merchant banks and stockbrokers, who provide margin loans for share purchase, will however...

MA Sabur, sponsor director and former chairman of United Commercial Bank Limited (UCB) has been elected as the Chairman of Executive Committee of the Bank. The decision on his appointment was made unanimously at the 312th meeting of the Board of Directors of the bank in the city yesterday, says a...