Hallmark Debt Recovery Boosts Sonali Bank Profits
In a significant triumph for the country’s banking sector, Sonali Bank PLC, the largest state-owned commercial lender in Bangladesh, has …
Updates
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Finance Adviser Targets Auditors Over Bank Liquidity Crisis
The interim government has launched a sweeping investigation into the financial reporting standards of five prominent private banks, with Finance …
Sharia-compliant loans now at Expatriates’ Welfare Bank: Asif Nazrul
Probashi Kallyan Bank is set to launch Sharia-compliant loans tailored specifically for overseas citizens. The announcement was made by Dr …
Central Bank Purchases Significant Dollar Amount
On Monday, 12 January, the Bangladesh Bank acquired USD 81 million from ten commercial banks through a scheduled auction, officials …
Osman Ershad Takes Charge as Dhaka Bank MD
Dhaka Bank PLC has appointed Osman Ershad Fayez as its new Managing Director, marking a significant leadership transition at one …
Bangladesh Bank to Regulate New Microfinance Institutions
In a transformative move for the nation’s financial landscape, the interim government has finalised a framework to establish specialised Microfinance …
Ikhtiar Uddin to Lead Financial Intelligence Unit
The Government of Bangladesh has confirmed the appointment of Ikhtiar Uddin Mohammad Mamun as the new Head of the Bangladesh …
The government has taken a loan from Sammilito Islami Bank: 100 billion Taka.
The Government of Bangladesh has announced plans to secure a substantial loan of BDT 10,000 crore through the newly formed …
Sonali Bank Charts Path to Robust Profitability
State-owned Sonali Bank has successfully navigated the financial shocks caused by high-profile loan defaults, including those linked to the Hall-Mark …
SBAC Bank Partners with Western Plus Bay Hills Hotel
SBAC Bank PLC has entered into a strategic partnership with Best Western Plus Bay Hills Hotel through the signing of …