BB won’t close companies like S Alam, Beximco: Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Monday said they are taking action against individuals, not companies like S Alam Group and Beximco, as these companies are considered national assets. "Legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in

UPGDCL wins gold award at ICMAB

United Power Generation and Distribution Company Limited (UPGDCL) has been awarded the Gold Award in the Power Generation category at the ICMAB Best Corporate Award 2023, organized by the Institute of Cost & Management Accountants of Bangladesh (ICMAB). This recognition underscores the organization’s commitment to transparency, accountability, and excellence in

SEB holds training program

Southeast Bank PLC (SEB) organized a training program on “Overview of CAMELS rating for banks and Internal Credit Risk Rating System (ICRRS)” via hybrid mode on Wednesday at the Bank’s Training Institute. Mizanur Rahman Akon, Director, DOS-1, Bangladesh Bank, joined the training program as guest speaker. Nuruddin Md. Sadeque Hossain,

EBL wins Mastercard excellence awards

Eastern Bank PLC (EBL) received four accolades at Mastercard Excellence Awards 2024.  The bank was awarded for excellence in Business (Innovation), Credit Business (Domestic), POS Acquiring Business, and Online Acquiring Business categories for   2023-24. Ali Reza Iftekhar, Managing Director and CEO, EBL received the award trophies from Dr. Ahsan H.

GP accelerator holds ‘Jelay Jelay Smart Uddyokta’ bootcamp

To nurture and empower emerging entrepreneurs, Grameenphone’s GP Accelerator is hosting the nationwide bootcamp, ‘Jelay Jelay Smart Uddyokta,’ aimed at equipping young talent with the skills and guidance needed for success. The 17th session of this daylong bootcamp took place at the National Institute of Youth Development in Savar, Dhaka

NBR to crack down on corrupt officials soon

The National Board of Revenue (NBR) is taking preparations to launch its drive against the corrupt government officials for restoring the pride of the public servants which has been demolished in the course of time. According to some NBR top level officials, the revenue collecting authority is working seriously regarding the

SEB wins Mastercard Excellence Award

Southeast Bank PLC. (SEB) received three prestigious honors at the Mastercard Excellence Awards-2024 in Online Acquiring Business, Credit Business (Domestic), and Business (innovation) categories. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., received the Awards from Dr. Ahsan H. Mansur, Governor of the Bangladesh Bank. Syed Mohammad Kamal,

PBIL launches PrimeInvest

Prime Bank Investment Ltd. (PBIL) has announced the launch of PrimeInvest, an AI-powered digital assistant chatbot. This innovative tool is designed to transform client interactions in the investment banking sector in Bangladesh, marking a first in the industry. The launch ceremony took place at PBIL Head office, Banani recently. This

BRAC Bank partners with Transcom Group

BRAC Bank PLC has formed a strategic partnership with Transcom Distribution Company Limited and Transcom Consumer Products Ltd., subsidiaries of the esteemed Transcom Group, to deliver comprehensive cash management services tailored to enhance their financial operations. The agreement was signed in Dhaka on November 12, 2024, by Tareq Refat Ullah