The Bangladesh Bank (BB) has identified 11 commercial banks for responsible in stock markers volatility that led market to historic fall. Three separate teams of the central bank have already found involve-ment of these banks after primary investigation, a senior official of the BB said.

Kaiser A Chowdhury has been re-appointed President and Managing Director of AB Bank Limited. He has been holding the position since January, 2005, said a press release. Chowdhury started his three and a half decade long banking career with Grindlays Bank Limited in 1975 and held various key posit...

The state-run specialised financial institution—Karmashangsthan Bank - distributed loans amounting to Taka 4.38 billion among 69,000 youths across the country for job creation in 2009 and 2010. Of the total amount, Taka 1.92 billion was disbursed among 29,00 youths in 2009 and Taka 2.46 billion a...

AB Bank Ltd recently distributed blankets among the deprived people of Chorforadi at Pakundiya upazila in Kishoreganj. Mahfuzur Rahman, executive director of Bangladesh Bank and Majedur Rahman, additional managing director of AB Bank, distributed the blankets among the winter affected people of ...

Sonali Bank yesterday signed a corporate agreement with Banglalion Communications. As per the agreement, Sonali Bank will use Banglalion Wimax connection to conduct service for their customers across the country, said a press release. Anam Mashrul Huda Shiraji, general manager

On Wednesday Dhaka stocks rose sharply for the two consecutive sessions after buying spree in financial issues pushed the turnover up amid instability. Market operators said strong buying in banking, non-banking and insurance issues by retail and institutional investors helped maintain the bullis...

Kaiser A Chowdhury has been re-appointed as president and managing director of AB Bank. He has been serving the bank holding the same post from 2005. Chowdhury started his banking career with Grindlays Bank in 1975 and serve the organisation in different capacities at home and abroad, said a stat...

Bangladesh Bank, Bangladesh Institute of Bank Management (BIBM) and Institute of Bankers today jointly hosted a reception in honour of former central bank governor AKN Ahmed. “He (Ahmed) is a living legend in international banking arena who played a crucial role for the development of the financi...

The Bangladesh Cricket Board (BCB) signed a contract of Tk 100 million with Islami Bank Bangladesh Limited yesterday. The amount will be spent on beautification of Dhaka ahead of the ICC World Cup 2011. The deal with Islami Bank broke all the previous records involving BCB.

As a part of its corporate social responsibility programme, First Security Islami Bank Ltd has distributed blankets among the destitute children of Aparajeyo-Bangladesh recently. The bank has taken the initiative jointly with the Bankers Forum, said a press release.