Abdus Salam, a sponsor director, has been elected vice-chairman of NCC Bank PLC..The election took place during a recent meeting of the bank’s board of directors, according to a press release..Over the decades, he has distinguished himself as an authority in electromechanical install
IFIC Bank PLC has signed a memorandum of understanding (MoU) with the Investment Corporation of Bangladesh (ICB) to provide payroll banking services for ICB’s employees..Md Nazimul Hoque, chief manager of principal branch at the bank, and Md Anwar Shamim, general manager of ICB, signed the
Al-Arafah Islami Bank PLC has opened a hajj booth to provide services to hajj pilgrims at Ashkona Hajj Camp on Monday..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, inaugurated the booth as the chief guest, said a press release..In his speech, Khan said, “Haj
EXIM Bank PLC yesterday launched a hajj booth at the Ashkona Hajj Camp to provide essential services to pilgrims during the hajj season..M Akhter Hossain, managing director (current charge) of the bank, inaugurated the booth as the chief guest, according to a press release..The booth
Trust Bank PLC has recently signed a memorandum of understanding (MoU) with Bangladesh Jail..Under this MoU, all personnel employed by Bangladesh Jail nationwide will be eligible to open salary accounts with Trust Bank and avail themselves of a comprehensive suite of banking services..<
Prime Bank PLC has entered into a memorandum of understanding (MoU) with ICB Asset Management Company Limited (IAMCL) to boost the sales of units of open-end mutual funds managed by IAMCL..Prof Abu Ahmed, chairman of the Investment Corporation of Bangladesh and IAMCL, and M Nazeem A Choudh
The bank reported consolidated earnings per share of Tk 6.95 in 2024
Al-Arafah Islami Bank PLC has provided financial aid worth Tk 10 lakh for the construction of a data analytics and service centre at the Department of Statistics of the University of Dhaka..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, handed over the cheque of the
Prime Bank PLC has recently entered into a strategic partnership agreement with the Bangladesh Freelancer Development Society (BFDS) to empower the burgeoning freelancer community in Bangladesh..M Nazeem A Choudhury, deputy managing director of the bank, and Tanjiba Rahman, chairman of BFD
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..
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
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
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
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. .
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
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
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
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
