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Business
NRB Bank PLC. convened its Annual Risk Conference 2024 at the Bank’s Head Office, Gulshan Dhaka on Saturday. Tarek Reaz Khan, Managing Director of NRB Bank PlC. was present as Chief Guest while Md. Ali Akbar Faraji, Deputy Managing Director & Chief Risk Officer (former Executive Direc...
Bank Asia PLC. in collaboration with "BIC, Uttoron" hosted a workshop titled "Women Entrepreneurship Development & Access to Banking Finance" for 53 women entrepreneurs. Md. Shaminoor Rahman, SEVP & Head of MSME Division of Bank Asia inaugurated the workshop on ...
A partnership agreement has recently been signed between Banglalink (one of the leading telecom service providers in Bangladesh) and PriyoShop (the country’s premier B2B marketplace).Banglalink customers will receive exclusive services through PriyoShop’s retail network under this agreem...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has recognised Rupali Bank PLC with the Best Corporate Award-2023 in the Silver category.Rupali Bank PLC achieved the award for its remarkable improvement of performances in every index of 2023 under the State Commercial Bank cat...
Eastern Bank PLC. (EBL) has won silver award in the Private Commercial Bank category at the ICMAB Best Corporate Award 2023. Dr. Salehuddin Ahmed, Finance Advisor, handing over the award trophy to Ali Reza Iftekhar, Managing Director and CEO of EBL, at a ceremony held at the Pan Pacific Sonarga...
BRAC Bank has won four prestigious Visa awards this year in recognition of its outstanding business in the cards issuing and acquiring and value-added services categories.The bank has secured awards at the VISA Leadership Conclave 2024, recognising its excellence in Consumer Debit Card, Commercial D...
Prime Bank Investment Ltd. (PBIL), a leading merchant bank, is proud to announce the launch of PrimeInvest, an AI-powered digital assistant chatbot. This innovative tool is designed to transform client interactions in the investment banking sector in Bangladesh, marking a first in the industry. The ...
Rising global interest rates and the cost of imports, along with domestic interest rate, inflation, have dampened consumer spending, slowed growth, and impacted private investment, speakers at an event observed.They said, however, the current Interim government has taken a number of comprehensive in...
BGMEA Administrator Anwar Hossain in a discussions focused on expanding business opportunities and enhancing the competitiveness of Bangladesh’s apparel sector through technological innovation and strategic partnerships.He took part in the discussion while participating in the Fall Summit of t...
Norway sees great potential in Bangladesh, with a huge consumer base, as a key market for trade and investment, said Norwegian ambassador to Bangladesh Hakon Arald Gulbransen during the meeting foreign secretary.The newly appointed Norwegian ambassador Hakon Arald Gulbransen, paid a maiden cal...
First Security Islami Bank PLC inaugurated Bakila Bazar Sub-Branch, Chandpur Wednesday. Md. Abdus Salam, EVP and Head of General Services Division of the bankinaugurated the Sub-Branch as a chief guest.Shamsul Karim Mazumder, Head of Cumilla Zone, Shah Amran-Farazi, Manager of Hajiganj Branchalong w...
United Power Generation and Distribution Company Limited (UPGDCL), a concern of United Group, has been awarded the SAFA Best Presented Annual Report Award 2023 in the Power and Energy category, a prestigious recognition from the South Asian Federation of Accountants (SAFA) that highlights excellence...
Social Islami Bank held 521st Board meeting on 14 November at the bank’s head office. Chairman of the Bank Professor Dr. M. Sadiqul Islam, FCMA, presided over the meeting. Vice Chairman Maksuda Begum, and Directors Md. Morshed Alam Khondoker, and Md. Anwar Hossain...
Shipping, Labour and Employment Adviser Brig. Gen. (Retd) M Sakhawat Hossain said that the government has a plan to build an internationally standard shipyard or dockyard at Matarbari Deep Sea Port.Mentioning that the World Bank has sanctioned $65 million in constructing the Bay Terminal in Chottogr...
Kazi Mahmood Karim has recently been promoted as Deputy Managing Director (DMD) of Al-Arafah Islami Bank PLC. Prior to the promotion he was serving as Senior Executive Vice President since 2019, bringing with him a wealth of experience from a distinguished banking career that began in 1989 at t...
bKash, the country’s largest mobile financial services (MFS) provider, has won in two categories at the “Visa Payment Excellence Awards-2024” for its significant contribution to the digital payment ecosystem. By enabling highest volume of transactions through bKash wallet, the...
401stBoard Meeting of Shari`ah based bank, Standard Bank PLC. was held on 12 November at Boardroom, Head Office, Dhaka.Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Vice Chairman Kamal Mostafa Chowdhury, Directors Ashok Kumar Saha,Feroz...
Md. Mojibur Rahman has assumed the position of Managing Director of Janata Bank PLC, a state-owned commercial bank in Bangladesh.Financial Institutions Division of the Ministry of Finance issued a notification in this regard. Prior to this role, Rahman served as the Managing Dire...
Chic Wings (BD) Lingerie Co. Limited, a Singapore-China owned company, is set to invest $18 million to establish a garments manufacturing industry in the BEPZA Economic Zone (BEPZA EZ).The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at the...
Social Islami Bank's reconstituted board, under the guidance of Bangladesh Bank, reformed the Shari’ah Supervisory Committee of the Bank. The reformed Shari’ah Supervisory Committee comprising of 08 members held its first meeting (91st) at the bank’s head office on 11 Nove...
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