Chic Wings (BD) Lingerie Co. Limited, a Singapore-China owned company, is set to invest US$18 million to establish a garments manufacturing industry in the BEPZA Economic Zone (BEPZA EZ). The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at the BEPZA Complex in
Business
Islamic DPS onboarded in bKash app
Alongside regular DPS service of Dhaka Bank, customers can now avail of Islamic DPS services of the bank through the bKash app, anytime and anywhere. This development expands bKash customers' access to shariah-based Islamic DPS service from two banks along with DPS services from four banks and one financial institution. As
FSIB opens Osman Gani bazar subbranch
First Security Islami Bank PLC (FSIB) inaugurated Osman Gani Bazar Sub Branch, Feni on 11 November. Md. Abdus Salam, EVP and Head of General Services Division of the bank inaugurated the subbranch as a chief guest. Customers will avail deposit, investment and remittance services along with other Islamic banking services
EBL introduces DPS product for kids
Eastern Bank PLC (EBL) has launched a new DPS product ‘EBL Little Star’, designed exclusively for children under five. The new product proposition launched today at the EBL Head Office in the city’s Gulshan area will offer families a savings scheme to secure future financial requirements for their child's education
BRAC Bank opens women-owned agent banking outlet
BRAC Bank has inaugurated the third women-owned Agent Banking outlet in Munshiganj. This is the 87th women-owned Agent Banking outlet out of a network of 1,115 across the country. Syed Abdul Momen, Deputy Managing Director & Head of SME Banking, BRAC Bank, formally inaugurated the Nimtala Agent Banking outlet at
Banglalink launches lifestyle pack RYZE
Banglalink has unveiled RYZE, an innovative AI-powered digital lifestyle pack aimed at empowering young users with a dynamic digital experience. Under this prepaid package, RYZE also offers a unique feature of ‘endless internet’ where all data packs ensure continued internet availability even if the purchased volume is consumed before the
UBL to repay trust of expatriates and businessmen
SEB helds capacity development workshop
Southeast Bank PLC (SEB) recently conducted a successful Capacity Development Workshop bringing together 58 executives and officers from various branches and Uposhakhas, highlighting retail products, marketing techniques and related risk management procedure to ensure prompt and effective customer service. The workshop emphasized the importance of employee commitment and ownership in
BB ED appointed as receiver at Beximco Group
Ruhul Amin, Executive Director (ED) of Bangladesh Bank (BB) has been appointed as 'receiver' at the leading manufacturer Beximco Group. The central bank took the decision at its board meeting, chaired by governor Dr. Ahsan H. Mansur on Sunday. Three new members -Nazma Mobarak, Habibur Rahman and Dr. Fahmida Khatun- have been
