Bangladesh Bank (BB) has increased policy interest rate once again as move to curb inflation by withdrawing excess liquidity from the market. The decision, announced by the central bank on Tuesday, will be effective from October 27. According to the BB, the policy interest rate (repo rate) has been revised from 9.50
Business
EBL gets $ 35m loan from OPEC Fund
Eastern Bank PLC. (EBL) gets US dollar 35m loan from OPEC Fund for International Development towards building economic resilience of Bangladesh by enhancing access to finance for small and medium enterprises (SMEs), promoting agribusiness, trade finance and supporting green projects. The OPEC Fund and EBL have signed the loan agreement
Grameenphone, SCB ink deal for ICT solutions
Grameenphone has signed an agreement with Standard Chartered Bank to introduce a first-of-its-kind initiative that will enable customers to open Standard Chartered Bank accounts entirely online through the MyGP app. This pioneering collaboration is set to transform the digital banking experience, allowing customers to enjoy the convenience of managing their
Islami Bank holds program for Security Guards
Islami Bank Training and Research Academy (IBTRA) organized a day long orientation program for newly recruited Security Guards titled ‘professional skill development, training & acquaintance’ on 10 November 2024, Sunday, at the Islami Bank Tower. Mohammed Monirul Moula, managing director of the bank, inaugurated the program as the chief guest.
SEB handovers Beton Card insurance cheque
Southeast Bank PLC. handed over three cheques to the family of deceased employees of Marma Composite Limited, under the Group Insurance Coverage of Southeast Bank “Beton Card” provided by National Life Insurance Company Ltd. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC. handed over three cheques to the
SJIB gives financial aid to Mabia-Nazir Foundation
As part of Corporate Social Responsibility (CSR) Program, Shahjalal Islami Bank PLC donated financial assistance of Tk. 5.00 (five) lac to Mabia-Nazir Foundation for renovation and reconstruction of housing affected by recent flood in Feni district. On 07th November 2024 through a ceremony organized at the Corporate Head Office of
vivo launches V40 series
The Final V-Series Release of 2024 Features 80W FlashCharge, Exclusive Gifts, and a Four-Year Battery Replacement for Early Buyers. vivo has launched its last V-series smartphone of the year, the V40 Lite, complete with an exclusive gift bundle for customers. The sleek device, available in Titanium Silver, includes an 80W
SEB partners with Mastercard and Zantrik
Southeast Bank PLC (SEB) recently announced its collaboration with Mastercard and Zantrik Limited, a vehicle maintenance startup, to launch a prepaid card for the growing number of car owners in the country. Cardholders will be able to enjoy a 20% discount on roadside assistance, a 15% discount on first-party car
SCB wins 3 awards at Visa’s Payments Excellence Awards
Standard Chartered Bangladesh (SCB) has recently received three awards at Visa’s Payments Excellence Awards 2024. The award programme was held as a part of an event titled “Visa Leadership Conclave Bangladesh 2024. During the awards ceremony, the bank received the most-anticipated award of the night in the credit cards category,
GP honours GPStar partners
Grameenphone recently hosted the GPStar Partnership Celebration for January-June 2024 at a hotel in Dhaka, reinforcing its commitment to recognizing and strengthening its partner ecosystem. This event celebrated the exceptional achievements of GPStar partners who contributed to enhancing customer experiences and creating value for Grameenphone's loyal customers through the GPStar