Islami bank Bangla desh Ltd yesterday signed an agreement with Nigeria based Jaiz Bank for technical cooperation between the two banks.

IFIC Bank has promoted Mati-ul Hasan and Zaitun Sayef to deputy managing director recently, the bank said in a statement. Hasan started his career with IFIC in 1984 as probationary officer. He was the senior executive vice president and relationship manager of the bank prior to the promotion.

The opening match betw- een Sonali Bank and Dinajpur district of Dhaka Bank Bijoy Dibosh Hockey Tournament -2010 took place at Moulana Bhasani Hockey Stadium in the city yesterday. Brig Gen M M Salehin, NDC, Psc, Director General of Bangladesh Krira Shikha Protisthan (BKSP) was present at the occ...

Vice Chancellor of Bangladesh Agricultural University (BAU) Professor Dr. M. A. Sattar Mandal is seen inaugurating Mymensingh Branch of Mutual Trust Bank Ltd. (MTB) on Thursday at a ceremony held at the branch premises. Mutual Trust Bank Ltd (MTB) opened its 64th branch in Mymensingh recently.

Dhaka, Dec 24: The 2nd Extra Ordinary General Meeting (EGM) of Rupali Insurance Company Limited (RICL) was held on December 22, at Spectra Convention Centre in Gulshan, Dhaka. The meeting was presided over by the Chairman of the Company Mostafa Golam Quddus and attended by Financial Consultant M...

Bangladesh Krishi Bank (BKB) on Thursday disbursed credit among Monipuri women entrepreneurs in Moulavibazar. Bangladesh Bank govornor Dr Atiur Rahman disbursed credits among the Monipuri community as the chief guest, said a press release.

President of the Federation of Bangladesh Chembers of Commerce and Industry (FBCCI) AK Azad said that the economy of a country is much stronger whose banking industry has been strengthened enough.

The country’s foreign exchange reserves stood at US$ 10.949 billion on December 22 this year compared with $10.32 billion a year ago, showing a 6.09 percent rise. But the reserves were lower by $211 million or 1.89 percent compared with $11.16 billion recorded in October, 2010.

Dhaka, Dec 23 (bdnews24.com)—A parliamentary watchdog has sought explanation why Grameen Bank is not yet being operated under the Microcredit Regulatory Act 2006. "We've sought an explanation for Grameen Bank's operations from the finance ministry's banks and non-bank financial institution divisi...

Standard Chartered Bank and MicroSave have launched a risk management toolkit for micro-finance institutions in partnership with Credit and Development Forum (CDF). The toolkit aims to sup-port microfinance in Bangladesh and strengthen relationship with stakeholders, StanChart said in a statement...