Business
MTB, Ifad Motors ink deal for cash mgt services of Royal Enfield bikes
Mutual Trust Bank PLC (MTB) announced its collaboration with Ifad Motors Limited, introducing a state-of-the-art cash management solution designed to streamline the client’s financial operations.
All dues of Beximco to be paid by February: Adviser
All dues of everyone related to Beximco will be paid by February, said Brigadier General (retd) M Sakhawat Hossain, adviser to the Ministry of Labour and Employment.
Mercantile Bank organises daylong session on 'Knowledge Sharing on Shari’ah Banking: an Interactive Session'
Mercantile Bank PLC organised a daylong session titled “Knowledge Sharing on Shari’ah Banking: an Interactive Session” at Fars Hotel, Dhaka, on 25 January 2025.
IFIC Bank hosts largest banking network business conference in Khulna
IFIC Bank PLC, the largest bank in the country with over 1,400 branches and Uposhakhas (sub-branches), hosted the “IFIC Largest Banking Network Business Conference” on Friday, 24 January 2025.
BB adopts new provisioning system to tackle non-performing loans
In a bid to mitigate the severe liquidity crisis and prevent bankruptcies stemming from non-performing loans (NPLs), Bangladesh’s central bank has introduced a new provisioning model in compliance with international financial standards.
Reserves dip below $20b again after paying ACU dues
Bangladesh’s foreign exchange reserves have dipped below $20 billion once again after the country paid its import bill to the Asian Clearing Union (ACU).
BRAC Bank enhances banking experience for Bastob employees
BRAC Bank has partnered with Bastob, a non-profit, voluntary development organisation, to provide exclusive Employee Banking (EB) services.
Govt to import 9 lakh tonnes of rice from four countries: Food Adviser
The government will import 9 lakh metric tonnes of rice from India, Pakistan, Myanmar and Vietnam this year, said Ali Imam Majumdar, the interim government's food and land adviser.
Midland Bank and Win Champion (BD) Ltd sign cash management arrangement
A Memorandum of Understanding (MoU) was signed between Midland Bank PLC. and Win Champion (BD) Ltd. at the Sonic Group Headquarter located at Uttara EPZ, Nilphamari on January 12, 2025.
National Bank Limited completes successful CBS upgradation to Temenos R22
National Bank Limited has recently completed the successful migration to the upgraded Core Banking System (CBS), Temenos Release 22. This advanced system introduces state-of-the-art technology, enhanced security, sophisticated business analytics, and improved customer relationship management features, ensuring robust and seamless banking services for valued customers.
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