Private banks logged as high as 90 percent growth in their operating profit last year, riding on a boom in stockmarket and an upward trend in external business. Most banks marked a rise in profit, ranging from 50 percent to 90 percent, and a few posted more than Tk 1,000 crore profit.

ONE Bank Limited has opened its 50th branch at Moghbazar in the city on Wednesday. Farzana Chowdhury, vice chairperson of the bank formally inaugurated the branch, said a press release.

HSBC Bangladesh recently organised a time management workshop for the inter-bank dealers in Bandarban. A total of 40 dealers from 12 commercial banks and the central bank attended the programme Titled “‘Time Management in Treasury World: Work-Life Balance’, said a press release.

The 6th Extra-Ordinary General Meeting (EGM) of Bank Asia was held at the Institute of Diploma Engineers in the city yesterday. A proposal to raise Tk 2.50 billion through issue of zero coupon bond to meet regulatory capital requirement was approved in the meeting, said a press release. A Rouf Ch...

The government has disbursed Tk 375 million in favour of Bangladesh Commerce Bank Limited (BCBL) to help raise the paid up capital of the bank to Tk 2 billion from the existing Tk 920 million. The rest of the amount will be collected through offering rights shares aiming to strengthen the financi...

Bangladesh Bank governor Dr Atiur Rahman and noted engineer and former adviser to the caretaker government Prof Dr Zamilur Reza Chowdhury have been selected for Sheltech Award-2010. The awards will formally be handed over to the winners on March 12 this year, said a press release.

Islami Bank Bangladesh Ltd recently awarded prizes to 1362 students, who achieved Golden GPA-5 in HSC examination and secured the highest positions in MBA examinations from different universities. A total of 1350 Golden GPA-5 holders in HSC were selected for the award while 12 students for achiev...

AB Bank Limited opened its 81st branch at Chakaria in Cox's Bazar on Wednesday. Shamim A. Chaudhury, deputy managing director of the bank formally inaugurated the branch at M Rahman Complex of Chakaria, said a press release.

Al-Arafah Islami Bank Ltd opened its 77th branch at Bashurhat, Noakhali rec- ently. Managing Director of the bank Ekramul Hoque inaugurated the branch as chief guest, said a press release. Vice President of the bank Engr Md Habib Ullah delivered the welcome speech.

Dhaka, Dec 30: Inter-bank clearance of cheques for about Tk 5,000 crore suffered unusual delay during the last three days because of a technical glitch in the Bangladesh Bank's automated clearinghouse. Commercial banks have been asked to have their low value (less than Tk 5 lakh) cheques cleared...