Bangladesh Financial Intelligence Unit (BFIU), a key player in the fight against financial crimes, has organized a daylong training program on Prevention of Money Laundering and Combating Financing of Terrorism for bank officials of Pirojpur. The program was held at Pirojpur Convention Centre on Saturday, July 13, and more than
Business
BGCB holds half yearly business review meeting
Bangladesh Startup Summit officially launched
A press conference was held at the Bangladesh Computer Council Auditorium, ICT Tower, Agargaon, Dhaka, where the Honorable State Minister of Posts, Telecommunications, and Information Technology, Mr. Zunaid Ahmed Palak, graced the event as the Chief Guest where Startup Bangladesh unveiled the plan for ‘Bangladesh Startup Summit 2024’ scheduled for
Pvt credit drops as banks dumping funds in govt securities
Commercial banks' holdings in government securities (G-sec) continue ballooning for plum bets put on treasuries to meet budget shortfalls after a freeze on printing money as an inflation-control measure. Such diversion of funds into G-sec is creating a crowding-out effect in credit supply to private sector, business chambers say, but bankers
Re-fuelling in another reactor of the world’s only floating NPP
EMRD secretary visits Chevron gas plants
The Secretary of Energy and Mineral Resources Division (EMRD) of the Government of Bangladesh, Mr Md. Nurul Alam, embarked on an official visit to the Bibiyana Gas Plant in Habiganj and the Jalalabad Gas Plant in Sylhet. Both of these state-of-the-art facilities are operated by Chevron Bangladesh. Accompanying Mr Alam were
Southeast Bank holds half-yearly conference
Southeast Bank PLC. recently conducted its “Half-Yearly Business Conference 2024” virtually. Nuruddin Md. Sadeque Hossain, the Managing Director, presided over the event. Participants included Deputy Managing Directors Md. Masum Uddin Khan and Abidur Rahman Chowdhury, Divisional Heads, Senior Executives, Heads of Branches, Uposhakha In-Charges, Branch Manager Operations, and In-Charges of
SJIB holds workshop on money laundering
In collaboration with Shahjalal Islami Bank PLC (SJIB), Bangladesh Financial Intelligence Unit (BFIU) organized day long workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” on 13th July with the participation of 65 branch representatives from 27 Scheduled banks located in Chuadanga District. In the workshop the Director
EBL signs MoU with BIAA
Eastern Bank PLC (EBL) will provide members of Bangladesh Indenting Agents Association (BIAA) with priority banking facilities. Ahmed Shaheen, Additional Managing Director, EBL and A. K. M. Azad, President, BIIA signed a Memorandum of Understanding to this effect in Dhaka recently. BIIA Senior Vice President M. Bashir Ullah Bhuiyan, Vice
BRAC Saajan Exchange hosts remittance event
BRAC Saajan Exchange, a subsidiary of BRAC Bank, organized an event titled "Remittance and Investment Opportunities in Bangladesh" on June 26 at the New Bingley Hall in Birmingham, UK. BRAC Saajan, a reliable, secure, and efficient money transfer service, is significantly boosting inward remittance in Bangladesh. BRAC Saajan's commitment to