Midland Bank Limited ties up with Placid NK Corporation to offer secure remittance services to Non-Resident Bangladeshis

Midland Bank Limited (MDB) collaborated with Placid NK Corporation, a Global Money Transfer Company to establish remittance drawing arrangement fostering seamless and secure cross border fund transfers. Through this arrangement, Midland Bank will be able to disburse remittances from its Branches and Agent Banking Centers sourced through Placid Express. Md. Ahsan-uz-Zaman,

Prime Bank and BIDA partners to provide One Stop Banking Services for Foreign Investors

Prime Bankhas recently signed a Memorandum of Understanding with Bangladesh Investment Development Authority (BIDA) to provide a One Stop Banking Service to foreign investors. This partnership will facilitate the foreign investors with a sophisticated banking solutions that ranges from online bank account and temporary bank account opening to an exclusive

Lenovo Secures a Momentous Deal with IBBL, Bangladesh’s Largest Commercial Bank

Lenovo, the global technology leader, today announced the handover of 1500 units of the Cutting edge ThinkCentre Neo 50sdesktops to Islami Bank Bangladesh Limited, the largest commercial bank in the country, marking a moment of partnership for both organizations. Lenovo commenced its engagement with the bank by providing them with

BRAC Bank organizes Agent Banking Meet of Brahmanbaria Region

BRAC Bank has organized Agent Banking Meet of its Brahmanbaria Region. It was a view exchange programmeamong valued Agent partners, SME, Branch and Agent Banking teams. They discussed industry scenarios, field-level experience, challenges and ways to overcome them at the interactive session held at a local hotel in Brahmanbariaon July

HC for probe into allegation on report on S Alam group

-The High Court on Sunday asked the authorities concerned to investigate the allegations brought against S Alam Group over "transferring money abroad and investing in foreign countries without permission from Bangladesh Bank" and submit the report within two months. The HC bench of Justice Md Nazrul Islam Talukder and Justice Khizir

Banks to provide Tk 35,000cr loans to farmers

Commercial banks in the country have allocated Tk35,000 crore for loans to farmers in the current fiscal year 2023-24 to increase agricultural production. The new allocation is 13.60% more than the last fiscal year. In the last financial year, the target for agricultural loans was Tk30,811 crore. Bangladesh Bank Deputy Governor

Manipur Violence: 15 houses torched, 1 shot in fresh violence

The Manipur Police and the 9th Assam Rifles reportedly engaged in an argument, with the former accusing the Indian Army-controlled soldiers of not allowing them to do their job in the violence-hit Bishnupur, a Meitei-dominated district. A video that emerged on Saturday purportedly showed an argument between the soldiers and police