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Tags : Bank


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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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Shafiuzzaman joins SIBL as MD

Shafiuzzaman has joined Social Islami Bank PLC as managing director on Thursday, said a press release.

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UK car loan scandal may cost banks billions

Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April.

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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...

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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.

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Investments of Norway sovereign fund hit 8-year low

Norway’s sovereign wealth fund, the world’s largest fund, saw its investments in the Bangladesh capital market drop to an eight-year low in 2024, declining by 5.73 per cent to $141.93 million from $150.56 million in 2023, according to data from Norges Bank Investment Management...

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Islami Bank to auction S Alam subsidiary co

Islami Bank Bangladesh PLC has issued a notice to auction the assets of Infinity CR Strips Industries Limited, a subsidiary of S Alam Group, to recover outstanding loans...

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12 banks face provision shortfall of Tk 1 lakh cr

Twelve banks faced a massive provision shortfall of Tk 1,09,151 crore at the end of December, with state-owned Janata Bank alone accounting for Tk 27,860 crore, according to Bangladesh Bank data...

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NCC Bank observes Financial Literacy Week

NCC Bank celebrated Financial Literacy Week 2025 with the theme ‘Think Before You Follow, Wise Money Tomorrow’, which focused on integrating unbanked and marginalised people into the financial system...

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City Bank retains B2 rating by Moody’s

City Bank has retained its issuer rating of B2 as per Moody’s Investors Service’s latest published credit opinion on the bank, said a press release...

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BKB hosts lottery draw of remittance festival

Bangladesh Krishi Bank on Tuesday conducted lottery draw of the first phase of its ‘Remittance Festival 2025’ organised on the occasion of Eid-Ul Fitr, said a press release...

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E-returns to be joined with banking system

National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...

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