Community Bank Bangladesh PLC has signed syndication mandate agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. to arrange a syndicated financing facility amounting to BDT 6,500 million. The initiative is designed to strengthen the financial capacity and operational expansion of the two textile manufacturing companies, both of which play an active role […]

City Bank PLC and Toyota Bangladesh Limited have entered into a strategic partnership aimed at strengthening financial cooperation and supporting the operational growth of the automobile company in Bangladesh. The partnership was formalised through the signing of a Memorandum of Understanding at the head office of City Bank in Dhaka, signalling a new phase of […]

Karnaphuli Insurance PLC has proudly received the ICC Sixth Emerging Asia Insurance Awards 2025 in the Best Re-Insurance Category, marking its sixth accolade at this prestigious regional event. The award was presented during a grand ceremony held at the Rembrandt Hotel in Bangkok, Thailand, where the company’s Chief Executive Officer, A. N. M. Fazlul Karim […]

Bangladesh’s banking sector is set to embrace a major regulatory overhaul, with banks required to adopt a forward-looking model for estimating potential credit losses. The move, grounded in IFRS 9 standards, is intended to modernise the sector, enhance financial resilience, and align domestic practices with global reporting frameworks. Bangladesh Bank (BB) has issued detailed guidance […]

Eastern Bank PLC (EBL) has renewed its partnership with Bangladesh Eye Trust Hospital (BETH) to strengthen efforts aimed at providing accessible eye care services to economically disadvantaged communities across Bangladesh. The renewed collaboration will enable thousands of underprivileged patients to receive essential treatment, including cataract surgery and diagnostic services, free of charge or at minimal […]

United Commercial Bank PLC (UCB) hosted a comprehensive Hajj Agency Conference in Chattogram on Tuesday, reinforcing its commitment to providing seamless financial services for pilgrims and fostering stronger partnerships with Hajj agencies nationwide. The conference brought together senior bank officials and representatives from the country’s leading Hajj agencies to discuss innovations, operational improvements, and collaborative […]