EIB provides $283m loan for healthcare development

European Investment Bank (EIB) provides Bangladesh USD $ 283.06 million (EUR 250 million) to purchase Covid-19 vaccine and strengthen the healthcare system. A finance contract (FC) was signed in this regard between Bangladesh and EIB under a project titled 'Bangladesh Covid-19 Public Health Programme'. Fatima Yasmin, Secretary, Economic Relations Division (ERD) and

Dhaka’s air quality still remains unhealthy, no relief in sight

The densely populated capital of Bangladesh continues to gasp for fresh air as Dhaka ranks fifth-most polluted city. Dhaka's air quality index (AQI) was recorded at 186 at 9:01am on Thursday, which is considered "unhealthy". Poland's Krakow, Pakistan's Lahore, India's Delhi and Mongolia's Ulaanbaatar occupied the top four spots with AQI scores

UCB gets BB appreciation for disbursing highest stimulus packages

United Commercial Bank Limited (UCB) got appreciation letter from Bangladesh Bank on achieving top position for successful implementation of CMSME COVID 19 stimulus package in Fiscal Year 2020-2021, said a press release. Honourable Governor of Bangladesh Bank Fazle Kabir handed over the appreciation letter to Arif Quadri, Managing Director of UCB.  Under

Rtd. secy to govt Mahfuzul Islam no more

Mahfuzul Islam, retired secretary to the Government of Bangladesh, breathed his last at Evercare Hospital Dhaka on the 28th of December 2021. He was 75 years old. He is survived by his wife, son, daughters, daughter in law and two grandchildren. A Dua Mehfil has been organized after Asr prayers on

MBL inaugurates 35 more new ‘Agent Banking’ outlets

Mercantile Bank Limited launched 35 more new ‘Agent Banking’ Outlets across the country to provide basic banking services to the unbanked population of the country, said a press release. Bank’s Managing Director & CEO Md. Quamrul Islam Chowdhury inaugurated the 35 ‘Agent Banking’ outlets on Thursday virtually as the chief guest. Mati

BB recognizes IPDC Finance for implementing Covid package

IPDC Finance has received official recognition from Bangladesh Bank for meeting Covid-19 stimulus loan disbursement targets of the first phase in FY 2020-21 for cottage, micro, small and medium enterprises (CMSMEs), said press release. The banks and financial institutions with loan disbursement targets of more than BDT10 crore were selected for