CBC Cardholders Enjoy Exclusive Travel Perks Through New Partnership with Firsttrip Ltd. In a recent development set to benefit avid travellers, Commercial Bank of Ceylon PLC (CBC) and Firsttrip Ltd have signed a Memorandum of Understanding (MoU) to offer exclusive travel discounts to CBC cardholders. The agreement was formalised at CBC’s Dhaka headquarters, with the signing […]

Manager Caught After Embezzling Millions from Bank Accounts Alamgir Hossain, the manager of the Ansar-VDP Development Bank’s Senbagh and Datterhat branches in Noakhali, has been arrested for embezzling more than 10 crore taka. Hossain had been on the run after fraudulently issuing loans under fictitious names and documents, then fleeing with the stolen money. The […]

A Revolutionary Card for the Youth In a landmark event, Dhaka Bank PLC, in partnership with Mastercard, introduced “Spark”, Bangladesh’s first dual-currency prepaid card designed specifically for young people. The launch took place at a ceremony held at a hotel in Gulshan, Dhaka, and marks a major step towards empowering the country’s digitally inclined youth. […]

On Friday, in a distinguished ceremony held in Bali, Indonesia, Md Touhidul Alam Khan, the Managing Director and CEO of NRBC Bank PLC, was awarded the prestigious ‘Silver Rank’ for the bank’s exemplary sustainability reporting. The award was presented by Prof. Eko Ganis Sukoharsono, Chairman of the ICSP Advisory Board, in recognition of NRBC Bank’s […]

Tanjil Chowdhury has been re-elected as the Chairman of Prime Bank PLC during the bank’s 585th board of directors meeting. Chowdhury, who first took on the role in 2020, has overseen the bank’s significant growth and transformation. Under his leadership, Prime Bank has achieved notable progress, earning several prestigious accolades from leading international organisations. These […]

Maulana Zahirul Islam, a candidate for the Chattogram-16 (Banshkhali) constituency and Assistant Secretary of the Chattogram South District Jamaat-e-Islami, has stated that if Jamaat-e-Islami forms the government, they will reinstate all employees who were dismissed from Islami Bank in Banshkhali, along with clearing their pending salaries and dues. He made this statement during a meeting […]

Over Tk 549 crore has been sitting idle for more than a year in an account belonging to a suspected shell company linked to the S Alam Group. However, both investigators and officials from Islami Bank are unable to trace the account holder. The account, named “Top Ten Trading House,” was opened on April 13, […]

The banking sector in Bangladesh will require at least five to ten years to recover from the mounting crisis of non-performing loans (NPLs), said Bangladesh Bank Governor Ahsan H. Mansur today. Speaking at an economic conference held at the Pan Pacific Sonargaon in Dhaka, he highlighted that the true scale of bad loans has only […]

The Governor of Bangladesh Bank, Ahsan H. Mansur, has confirmed that preparations to form a new and stronger bank by merging five of the country’s weak banks are nearly finalised. The Governor explained that this initiative is being implemented under the Bank Resolution Ordinance. The new bank is expected to begin operations next week. Ahsan […]