Meghna Bank, Akij Fair Value sign deal
Akij Fair Value, retail grocery chain of Akij Venture Group, has signed a merchant pay service agreement with Meghna Bank PLC to provide cashless grocery experience to its clients, said a press release.
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BB raises transaction limits for MFS users
The Bangladesh Bank on Thursday raised transaction limits for mobile financial services such as bKash, Rocket and Nagad, allowing customers to conduct larger transactions and maintain higher account balances...
BB urged to lift dividend ban on errant banks
The Bangladesh Association of Banks (BAB), a platform representing private bank owners, on Tuesday urged the central bank to allow banks to declare dividends as before, even if they have availed deferral facilities for provisioning against default loans.
Mastercard launches holiday campaign
Mastercard has announced launch of its 鈥楳astercard Holiday Spend Campaign 2025,鈥� said a press release.
Bank branches at industrial areas to remain open in Mar 28-29
Branches of the scheduled banks in the readymade garments industrial areas will remain open in March 28-29 to facilitate payment of garment workers鈥� salary, Eid聽bonus, allowances and export-import activities...
Ahsan Khan elected Midland Bank chair
Ahsan Khan Chowdhury has been elected chairman of Midland Bank PLC, said a press release.
12 banks face provision shortfall of Tk 1 lakh cr
Twelve banks faced a massive provision shortfall of Tk聽1,09,151 crore at the end of December, with state-owned Janata Bank alone accounting for Tk聽27,860 crore, according to Bangladesh Bank data...
Remittance thru bKash reaches Tk 900cr in 15 days of Ramadan
During the first half of Ramadan this year, expatriates have sent over Tk 900 crore remittances through bKash, said a press release.
Russian central bank holds key rate at 20-yr high
Russia鈥檚 central bank kept its key rate at 21 per cent on Friday, locking in two-decade-high borrowing costs as it battles rampant inflation.
Dollar holdings in banks rise to $4.63b in February
The dollar holdings of Bangladesh鈥檚 commercial banks increased in February, supported by a rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Marginalised people鈥檚 bank deposits inch up
Deposits in bank accounts held by marginalised individuals saw a slight increase in December 2024 compared with September, according to Bangladesh Bank鈥檚 quarterly report...