Parachute Advansed- one of the best-loved hair care brands in the country, under their reputed brand ‘Parachute Naturale Shampoo’ has recently introduced an exciting new variant - Parachute Naturale Egg Shine Shampoo, enriched with the goodness of natural ingredients such as Egg Protein and Coconut Milk Protein, which help provide
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EBL hosts student agency night
Eastern Bank organized a ‘Student Agency Night’ on November 2 bringing together leading education agencies in the Sylhet region who guide students seeking higher education opportunities abroad. The event at Hotel Crown Park in Sylhet was part of the bank’s initiative to strengthen its role as a reliable partner for
BGCB holds annual risk conference
Bengal Commercial Bank PLC (BGCB) organized its “Annual Risk Conference 2024” with pledge to ensure robust risk management, regulatory compliance and to raise awareness on risk management. The Conference was held recently at the bank’s head office in Gulshan, Dhaka. Tarik Morshed, Managing Director and CEO of the Bank, reiterated
Govt expects $6b in funding commitments by June
Finance Adviser Dr. Salehuddin Ahmed on Tuesday said the government expects commitments of around $6 billion from development partners, including the World Bank and IMF, by next June. "Following our discussions with the development partners in Washington, we're expecting around $6 billion from the development partners by next June," he stated. Dr.
Single-digit lending rate harmed banking sector: White Paper
Bangladesh's banking sector began to deteriorate in 2010 when the government introduced a single-digit 9 percent interest rate for lending, according to a White Paper. Titled "White Paper on the State of the Bangladesh Economy", the report was unveiled at a press conference on Monday. As of last June, the total assets
Argentine Ambassador meets BGMEA Administrator
Marcelo Carlos Sesa, Argentina's ambassador in Bangladesh, met with Anwar Hossain, Administrator of BGMEA and Vice-Chairman of the Export Promotion Bureau (EPB), Monday at the EPB office in Dhaka. The meeting focused on exploring potential areas of trade and investment and enhancing collaboration between Bangladesh and Argentina. During the discussions, they emphasized
Chevron eyes to invest in new gas exploration in Bangladesh
Energy giant Chevron has planned to invest in new gas exploration activities in Bangladesh in an effort to boost the country's energy security, senior officials of the US-based company said on Tuesday. Chevron officials said they were happy that the Interim Government has started clearing arrears worth hundreds of millions of
BRAC Bank partners with PRAN-RFL
BRAC Bank has partnered with PRAN-RFL Group to offer advanced cash management solutions and supply chain financing to optimise their working capital and financial operation. As part of this collaboration, BRAC Bank will deliver a customised payment facility that allows PRAN’s ERP system to initiate transactions directly through API integration. This
UBL holds workshop on money laundering
Recentl, Union Bank Training Institute organized a workshop on ‘Prevention of Money Laundering & Combating Terrorist Financing’. Managing Director (CC) of the bank Shafiuddin Ahmed was present as the chief guest at the workshop. He advised in his speech to the trainees to acquire professional knowledge and work efficiently. The
SEB distributes CSR fund
As part of its commitment to Corporate Social Responsibility (CSR), Southeast Bank PLC (SEB) has extended financial support to farmers across three significant areas: “Increase yield in agricultural sector,” “Purchase of Agricultural Equipment,” and “Processing of Agricultural Products.” Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., distributed the