Banking
Cash subsidy for exports surges. Only garment yields expected results
The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.
Business leaders call for interest rate ceiling
The Bangladesh Bank told businesspeople that the lending rates will not exceed 14 percent, according to the leaders of several trade bodies.
Islami Bank, Mastercard name winners of Transfast-Islami Bank Remittance Campaign
Islami Bank Bangladesh and Transfast, a remittance brand of Mastercard, declared the winners of the “Transfast-Islami Bank Remittance Campaign”.
Jamuna Bank Q1 profit up 23%
In Jan-Mar, the bank made a profit of Tk 164 crore this year, up from Tk 134 crore last year
Dhaka Bank’s Q1 profit highest in 4 years
The bank's profit rose 26% year-on-year to Tk 60.39 crore in Jan-Mar period of 2024
Islamic banks lose Tk 8,496 crore deposits in a month
Deposits in Islamic banks reduced, but in Islamic banking branches of conventional banks rose
IFIC Bank gets new DMD
IFIC Bank has recently promoted an official to the post of deputy managing director (DMD).
ShareTrip Pay, MTB strike deal to launch travel wallet solution
Mutual Trust Bank recently signed a strategic alliance agreement with ShareTrip Pay, the country’s first travel wallet and a concern of ShareTrip, to launch a travel wallet solution.
Southeast Bank provides financial aid to farmers from CSR fund
Southeast Bank recently provided financial assistance to grassroots level farmers across the country from the bank’s special corporate social responsibility (CSR) fund to help their cultivation and facilitate purchases of agri-based machinery.
Bangladesh’s outlook remains bright despite global uncertainty
Despite global uncertainty, Bangladesh’s outlook has remained bright and the economy is expected to grow steadily, said a top economist of the Hongkong and Shanghai Banking Corporation (HSBC).
Bangladesh Bank imposed entry restriction to hide weakness: journalists
Journalist leaders demand easy access to info at the central bank
Bangladesh’s outlook remains bright despite global uncertainty
Says HSBC’s chief economist for Asia
City Bank’s profit grows marginally in Q1
City Bank registered a 2.7 percent year-on-year growth in profit to Tk 92.44 crore in January-March of 2024
Finance minister infected with Covid-19
Cabinet Secretary for Coordination and Reforms Mahmudul Hossain Khan told The Daily Star
EBL signs agreement with US State Department to launch Climate Change Adaptation Award
Eastern Bank PLC (EBL) has entered into an agreement with the US Department of State to collaborate on the EBL Climate Change Adaptation Award
IFIC Bank gets new AMD
IFIC Bank has recently promoted an official to the post of additional managing director (AMD).
Mahbubur, Jahangir elected PDBL chairman, vice-chairman
Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank, and Mohammad Jahangir, managing director and CEO of Rupali Bank, have been elected as chairman and vice-chairman respectively of Primary Dealers Bangladesh Limited (PDBL).
NRB Bank, AMZ Hospital sign deal on service facilities
NRB Bank has recently signed an agreement with AMZ Hospital Ltd on service facilities.
