Eastern Bank PLC (EBL), in partnership with Akij Takaful Life Insurance PLC, has launched Shariah-compliant Takaful insurance solutions through its bancassurance channel. The initiative was formally introduced at a ceremony held on Thursday, 30 April, at the EBL Head Office in Dhaka, according to a press release. The arrangement enables EBL customers to access Islamic […]

IFIC Bank has expanded its automated banking network with the inauguration of a new ATM booth at Monipuripara in Dhaka, reinforcing its efforts to improve customer access to essential financial services and enhance transactional convenience. The ATM booth was officially inaugurated on Saturday, 2 May 2026. The ceremony was led by Kazi Md. Mahboob Kasem, […]

Prime Bank PLC has signed an agreement with Service Hub Limited (PayStation) to introduce enhanced payment flexibility for its customers, according to a media statement. The signing ceremony was held at Prime Aspire on Gulshan Avenue in Dhaka. The collaboration is intended to strengthen customer convenience by incorporating instalment-based payment options and expanding access to […]

BRAC Bank has signed an agreement with Ascent Health Limited to provide discounted healthcare services to its employees and cardholders nationwide, the bank said in a press release. Under the arrangement, all employees of BRAC Bank and their legal dependants—spouses, children, parents, and in-laws—will receive a 30 per cent discount on pathological tests conducted through […]

The central bank has maintained its strict dividend distribution framework for the 2025 financial year, resulting in more than half of the country’s banking sector being unable to declare dividends. Under the prevailing policy, any bank with non-performing loans (NPLs) in double digits is ineligible to distribute dividends. Restrictions also apply to institutions facing capital […]

City Bank has reported a 162 per cent increase in net profit for the first quarter of the current year compared with the same period a year earlier, according to a press release issued on Thursday. The bank’s post-tax profit stood at Tk 241 crore, up from Tk 92 crore recorded in the first quarter […]

Bangladesh Bank has introduced a significant policy overhaul aimed at strengthening long-term investment in the country’s industrial sector and boosting overall productivity. The central bank believes the revised framework will make long-term financing more accessible, cost-effective, and predictable for businesses, thereby encouraging industrial expansion and job creation. In a circular issued on Thursday, the central […]

Dhaka Bank PLC has recommended a 10 per cent cash dividend for shareholders for the financial year ended 31 December 2025, reflecting an improved financial position and stronger operational performance compared with the previous year. The proposal was approved by the board of directors after reviewing the bank’s audited financial statements. The decision was taken […]