Banking

Banking

Prime Bank logs 59% profit growth in Q1

Prime Bank PLC has reported a 59 percent year-on-year growth in net profit after tax (NPAT) for the first quarter (Q1) of the financial year 2025..According to a press release, the NPAT rose to Tk 209 crore, compared to Tk 132 crore during the corresponding period of the previous year..

1d ago

Romana Rouf Chowdhury re-elected as chairman of Bank Asia Securities

Romana Rouf Chowdhury has been re-elected as chairman of Bank Asia Securities Limited..The reappointment was confirmed during the company’s 14th annual general meeting (AGM), held on April 23, 2025, according to a press release..Chowdhury is also one of the directors of Bank Asia PLC

1d ago

Eastern Bank, CPA deal to launch digital banking services at Chattogram port

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Chittagong Port Authority (CPA) to inaugurate advanced digital banking services at Chattogram Port..Rear Admiral SM Moniruzzaman, chairman of CPA, and Ali Reza Iftekhar, managing director and chief executive off

1d ago

StanChart, Biman collaborate to open 'regional treasury centre'

Standard Chartered Bank has entered into a strategic partnership agreement with Biman Bangladesh Airlines, to establish the airline’s first Regional Treasury Centre (RTC)..Md Shafiqur Rahman, managing director and CEO of the national flag carrier, and Naser Ezaz Bijoy, chief executive offi

1d ago

City Bank gets two new DMDs

City Bank PLC has promoted Md Nurul Azam Mozumder and Kamrul Mehedi to the position of deputy managing directors (DMDs)..Prior to assuming this new role, Mozumder was serving the bank as a senior executive vice-president and head of medium business, concurrently, said a press release. .

2d ago

Abdul Mannan made chairman of Central Shariah Board executive committee

Mohammad Abdul Mannan, chairman of First Security Islami Bank PLC, has recently been appointed as chairman of the executive committee of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB)..The appointment was confirmed during the 69th meeting of the executive committee of th

2d ago

BRAC Bank signs deal with QuiqSend for app-based remittances

BRAC Bank has entered into a remittance agreement with QuiqSend, an Australian fintech enterprise, to offer a streamlined, app-based remittance solution for Bangladeshi wage earners residing in Australia..Md Shaheen Iqbal, deputy managing director and head of treasury and financial institu

2d ago

Pubali Bank Securities holds 15th annual general meeting

Pubali Bank Securities Limited, an investment company and a subsidiary of Pubali Bank PLC, organised its 15th annual general meeting (AGM) on Tuesday..The meeting was conducted virtually and was presided over by Md Abdur Razzak Mondal, chairman of the investment company, according to a pre

2d ago

Prime Bank logs 59% profit growth in Q1

Prime Bank PLC has reported a 59 percent year-on-year growth in net profit after tax (NPAT) for the first quarter (Q1) of the financial year 2025..According to a press release, the NPAT rose to Tk 209 crore, compared to Tk 132 crore during the corresponding period of the previous year..

1d ago

Romana Rouf Chowdhury re-elected as chairman of Bank Asia Securities

Romana Rouf Chowdhury has been re-elected as chairman of Bank Asia Securities Limited..The reappointment was confirmed during the company’s 14th annual general meeting (AGM), held on April 23, 2025, according to a press release..Chowdhury is also one of the directors of Bank Asia PLC

1d ago

Eastern Bank, CPA deal to launch digital banking services at Chattogram port

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Chittagong Port Authority (CPA) to inaugurate advanced digital banking services at Chattogram Port..Rear Admiral SM Moniruzzaman, chairman of CPA, and Ali Reza Iftekhar, managing director and chief executive off

1d ago

StanChart, Biman collaborate to open 'regional treasury centre'

Standard Chartered Bank has entered into a strategic partnership agreement with Biman Bangladesh Airlines, to establish the airline’s first Regional Treasury Centre (RTC)..Md Shafiqur Rahman, managing director and CEO of the national flag carrier, and Naser Ezaz Bijoy, chief executive offi

1d ago

City Bank gets two new DMDs

City Bank PLC has promoted Md Nurul Azam Mozumder and Kamrul Mehedi to the position of deputy managing directors (DMDs)..Prior to assuming this new role, Mozumder was serving the bank as a senior executive vice-president and head of medium business, concurrently, said a press release. .

2d ago

Abdul Mannan made chairman of Central Shariah Board executive committee

Mohammad Abdul Mannan, chairman of First Security Islami Bank PLC, has recently been appointed as chairman of the executive committee of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB)..The appointment was confirmed during the 69th meeting of the executive committee of th

2d ago

BRAC Bank signs deal with QuiqSend for app-based remittances

BRAC Bank has entered into a remittance agreement with QuiqSend, an Australian fintech enterprise, to offer a streamlined, app-based remittance solution for Bangladeshi wage earners residing in Australia..Md Shaheen Iqbal, deputy managing director and head of treasury and financial institu

2d ago

Pubali Bank Securities holds 15th annual general meeting

Pubali Bank Securities Limited, an investment company and a subsidiary of Pubali Bank PLC, organised its 15th annual general meeting (AGM) on Tuesday..The meeting was conducted virtually and was presided over by Md Abdur Razzak Mondal, chairman of the investment company, according to a pre

2d ago

Global Islami Bank opens Kotchandpur sub-branch

Global Islami Bank PLC has recently inaugurated the Kotchandpur sub-branch in Jhenaidah..Md Zamal Mollah, independent director and vice-chairman of the bank, inaugurated the sub-branch as the chief guest, the bank said in a press release..The inaugural ceremony was presided over by S

2d ago

NCC Bank launches ‘Freelancer Account’

NCC Bank PLC has launched a new banking product, the “Freelancer Account”, specifically designed to support the growing community of freelancers in Bangladesh..This innovative account aims to deliver tailored financial solutions that empower freelancers while promoting greater financial in

3d ago