City Bank PLC has declared a 25 percent dividend, including a 12.5 percent cash dividend, for the year 2024..The announcement was made during the bank’s 42nd annual general meeting (AGM), which was held virtually on Sunday, according to a press release..Aziz Al Kaiser, chairman of th

Remittance inflows crossed the $30 billion mark on Saturday, two days before the fiscal year is due to end, making it the highest receipts yet in Bangladesh’s history.

BRAC Bank has won the gold award in the Process Innovation category at the 10th Infosys Finacle Innovation Awards 2025 for its “Automated Transaction Profiling Review and Adjustment” initiative..Nurun Nahar Begum, chief technology officer of the bank, accepted the award at the ceremony hos

BRAC Bank has entered into a strategic partnership with Visa, a global leader in digital payment solutions, to introduce “Visa Direct for Account”, a faster, more reliable, and cost-effective solution for outward international money transfers..Md Shaheen Iqbal, deputy managing director and

IFIC Bank PLC, in collaboration with the Department of Anthropology at the Shahjalal University of Science and Technology (SUST), recently organised a workshop on financial literacy on the university campus..The initiative aimed to equip students with practical knowledge of personal financ

Dhaka Bank PLC has launched a new sub-branch at Hazratpur in Keraniganj of Dhaka, operating under its Kalatia branch..According to a press release, this marks the bank’s 35th sub-branch..Sheikh Mohammad Maroof, managing director and chief executive officer of the bank, inaugurated th

Eastern Bank PLC (EBL) has entered into a payroll banking agreement with Matador Group, a business conglomerate in Bangladesh..Ahmed Shaheen, additional managing director of EBL, and Md Sagirul Alam, managing director of Matador Ballpen Industries Limited, signed the agreement at the bank’

Prime Bank PLC recognised seven of its entrepreneur clients from across the country yesterday in celebration of International MSME Day 2025, acknowledging their outstanding contributions to the economy..Selected from over 11,500 active loan clients, six of the awardees are SME entrepreneur

Dhaka Bank PLC, in partnership with the Buet Graduates Club and Mastercard, has launched a co-branded credit card tailored specifically for the club’s members..The card was unveiled at a recent event in Dhaka by Sheikh Mohammad Maroof, managing director and CEO of the bank; Khaled Hossain

Midland Bank PLC has recently signed an agreement with Visa, a global leader in digital payments, to introduce a new service titled ‘Visa Direct for Account’..Md Ahsan-uz Zaman, managing director of the bank, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at Visa, signe

Pubali Bank PLC has recently signed a memorandum of understanding (MoU) with Aqidah Healthcare Limited, a healthcare service provider in Bangladesh..Md Shahnewaz Khan, deputy managing director of the bank, and Md Ashraful Bari, chief executive officer and consultant psychiatrist at Aqidah

Bengal Commercial Bank PLC organised the “Micro Credit Conclave 2025” for members of micro credit team at its training centre in the capital’s Dilkusha on Wednesday..Tarik Morshed, managing director and chief executive officer of the bank, inaugurated the programme as the chief guest, acco

Prime Bank’s long-term credit rating has been upgraded to AAA by the Credit Rating Agency of Bangladesh Limited (CRAB), with a short-term rating assigned at ST-1..This notable upgrade stands as a testament to Prime Bank’s three-decade commitment to financial resilience, responsible banking

Shahjalal Islami Bank PLC has announced a 10 percent cash dividend for the financial year ending December 31, 2024..The declaration was made during the bank’s 24th annual general meeting (AGM), which was held virtually yesterday, according to a press release issued by the bank..The m

GDP growth may reach 5% in FY26, the bank predicts

United Commercial Bank PLC (UCB), in collaboration with the Bangladesh Bank (BB), has inaugurated a month-long initiative titled the “Entrepreneurship Development Programme” in Bogura..Supported by the Skills for Industry Competitiveness and Innovation Programme (SICIP) under the Ministry

NCC Bank PLC has inaugurated Islamic banking windows at five of its Dhaka branches -- Kawran Bazar, Panthapath, Uttara, Mirpur, and Banani -- as part of its strategic initiative to expand Shariah-compliant financial services..According to a press release, the inauguration was recently offi

Finance ministry sits with different banks to find ways to boost investment in stock market

MIDAS Financing PLC held its 29th annual general meeting (AGM) at the MIDAS Convention Centre in the capital’s Dhanmondi yesterday, according to a press release..The meeting was presided over by Abdul Karim, chairman of the financial services institution. .Ahmed Ataul Hakeem and Rami

Citizens Bank PLC recently organised a training programme on “International Financial Reporting Standards (IFRS–9)” at its training academy in Dhaka..Executives and officers from the bank’s head office and branches participated in the programme..Md Abdul Latif, deputy managing direct