BRAC Bank Limited and Ekush Wealth Management Limited have signed a Custodial Services Agreement, a press release said Wednesday. The agreement will enable BRAC Bank to provide custodial services to Ekush Wealth Management to operate “Ekush Stable Return Fund”, a new open-ended mutual fund. Tareq Refat Ullah Khan, Deputy Managing
Author: Times Report
BGMEA gets govt memento for contribution to textile sector
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has received a memento from the Government of Bangladesh for its contribution to the development and expansion of textile education and the growth of apparel exports. The memento was handed over to BGMEA on Monday in a programme organised to mark the 'National Textile
AL selects honest, qualified person as President: Quader
Awami League General Secretary Obaidul Quader Monday said the ruling party nominated a well-educated, honest, efficient and skilled person for the post of the country's President. "We did not nominate a person who is like Iajuddin Ahmed for the post of the President. We did not nominate a person from evil
Japan, IOM sign $5.7m assistance to Rohingyas
Japanese Ambassador to Bangladesh Iwama Kiminori on Monday said Japan would continue to work towards durable solutions including early repatriation of Rohingyas to Myanmar, while cooperating with international organizations including IOM for better living conditions for refugees and host communities. Finding durable solutions in this crisis will be conducive to our
PM for modernizing Coast Guard to boost blue economy
Prime Minister Sheikh Hasina on Monday said the government has adopted a plan to increase the number of ships, equipment and manpower for Coast Guard as per the Vision 2030 and Vision 2041 modernisation plans for ensuring blue economy and security at sea. "Procurement of four more OPVs, nine replacement
Prime Bank receives $50m from IFC to support trade, forex liquidity needs in Bangladesh
To support export and import-based businesses in coping with global uncertainties induced by the Covid-19 pandemic, International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited in Bangladesh. This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import based entities borrowing
HSBC Bangladesh gets ‘Superbrand’ recognition
Superbrands Bangladesh, a representative of London-based Superbrands Worldwide, a global arbiter for brands operating in 90 countries, has announced HSBC as a Superbrand in the banking sector. HSBC was recognised along with 39 other brands in different categories at the Award Gala of Superbrands Bangladesh 2023-24 recently in Dhaka. This event was
Islami Bank launches universal banking campaign
The management committee of Islami Bank Bangladesh Sunday launched the month-long customer service campaign "Best Service, Universal Banking." Mohammed Monirul Moula, managing director and chief executive officer of the bank, inaugurated the campaign in Dhaka as chief guest. Islami Bank additional managing directors Muhammad Qaisar Ali, Md Omar Faruk Khan and JQM
AIBL holds business performance meeting
Bepza to establish hospital-cum-nursing institute in KEPZ
Bangladesh Export Processing Zones Authority (Bepza) has signed an agreement with Islami Bank Foundation (IBF) to establish a hospital-cum-nursing institute in the unused land and buildings of Northern Area Reduction of Poverty Initiative (NARI) project in Karnaphuli Export Processing Zone (KEPZ). Md Zakir Hossain Chowdhury, executive director (Admin) of Bepza and