The forward forex rate will be Tk 113.85 a US dollar

The Bangladesh Bank (BB) is yet to receive any official communication neither from the US authorities nor from the Asian Clearing Union (ACU) regarding restriction on processing payments linked to the ACU.

One Bank Ltd signed a memorandum of understanding with United Property Solutions Ltd, a concern of United Group, recently offering the latter’s customers financial products, including home loans. .Md Kamruzzaman, head of the lender’s retail banking division, and Sheikh Md Faruk Hossain,

SM Mainul Kabir recently joined United Commercial Bank (UCB) PLC as deputy managing director (DMD).

NCC Bank has distributed agricultural materials, including seeds, fertiliser and pesticides, free of cost among 1,155 marginal farmers of Nangalkot, Cumilla sadar and Gouripur of Cumilla district on Saturday.

Bank Asia Limited organised a daylong “Agent Business Meet-2023” at the Bangladesh Academy for Rural Development (BARD) in Cumilla on Saturday.

Pubali Bank Limited has successfully dealt with the ongoing foreign currency crunch courtesy of timely restrictions on the import of luxurious items, foreign fruits and ornaments, said the top official of the private commercial lender.

The Commercial Bank of Ceylon PLC signed a memorandum of understanding (MoU) with Partex Furniture Industries Ltd, a furniture manufacturing company in Bangladesh.

Prime Bank recently signed a strategic partnership with Le Meridien Dhaka.

Islami Bank Bangladesh PLC won the “Remittance Award” from Muktadhara New York Inc for collecting the highest amount of remittance in Bangladesh.

The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)

Meghna Bank Ltd has won the “Excellence in Credit Cards” award in the “Visa Leadership Conclave 2023”.

Exim Bank yesterday arranged a “Business Development Conference” for the branch managers, executives and officials of the bank in Chattogram region.

Shariah-based Union Bank Ltd distributed agriculture investment among farmers in Chattogram yesterday.

The Russian embassy in Bangladesh shares a list of countries on its verified Facebook page

The Bangladesh Climate Change Trust was supposed to get back in 2016 the Tk 538 crore, plus the accumulated interest, it deposited with the then Farmers Bank. However, it has so far received just Tk 74 crore after around seven years.

AB Bank Limited has decided to issue a Tk 500 crore bond.

Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC have received approval from Bangladesh Bank to conduct bilateral trade with India using the rupee. 

World Bank will provide Bangladesh a loan of $102 million to improve navigability of the Jamuna river and protect the river bank.

The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed.