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Category: State

Prime Bank Signs Payroll and Cash Management Agreements with Quality Feeds

Prime Bank Enters Payroll and Cash Management Agreements with Quality Feeds

Prime Bank PLC has formalised a strategic partnership with Quality Feeds Limited, one of Bangladesh’s foremost animal feed manufacturers, through the signing of two comprehensive agreements designed to provide integrated payroll banking and advanced cash management services. The signing ceremony took place at Prime Bank’s corporate office in Dhaka, with M Nazeem A Choudhury, Deputy […]
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Central Bank Finds Capital Recovery Plans of Four State Banks Unrealistic

Four State-Owned Banks’ Capital Recovery Plans Deemed Unrealistic by Central Bank

Bangladesh Bank has dismissed the capital recovery action plans of four state-owned commercial banks — Agrani, Janata, BASIC, and Rupali — considering them unrealistic. According to the central bank, the combined capital deficit of these banks stood at approximately Tk31,000 crore as of December 2024. The banks were required to submit a five-year plan to […]
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MTB launches new financial service

MTB signs new service agreement to manage tuition fee collection and payroll operations for East West University

Mutual Trust Bank PLC (MTB) has recently entered into a comprehensive service agreement with East West University, ensuring enhanced financial support for the institution’s academic and administrative staff, as well as its students. The agreement was formalised at a modest ceremony held on the university’s Aftabnagar campus in Dhaka, according to a press release. Professor […]
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Banking and Cash Management Prime Bank to provide payroll and cash management services to Quality Feeds

Prime Bank to provide payroll and cash management services to Quality Feeds

Prime Bank PLC has entered into a strategic agreement with Quality Feeds Limited, one of Bangladesh’s leading animal feed manufacturers, to provide a full suite of payroll banking and cash management services. The signing ceremony was held at the corporate office of Quality Feeds in Dhaka, marking a significant collaboration between the two organisations. Under […]
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Commercial Bank of Ceylon Signs MoU with Commercial Bank of Ceylon and Firsttrip Ltd Join Forces

Commercial Bank of Ceylon and Firsttrip Ltd Join Forces

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 […]
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