Union Bank Training Institute organized the concluding ceremony of a four-days long workshop ‘Integrated Supervision System’ on 12 June. Deputy Managing Director of the bank Md. Jahangir Alam was present as the chief guest at the program. He advised in his speech to trainees to work with professionalism and properly
Business
ShopUp’s FMCG distribution unit achieves profitability
ShopUp, Bangladesh’s largest B2B commerce platform, has announced that its FMCG distribution unit, Mokam CPG, has achieved an operating profit of BDT 20 crores for the first eleven months of the fiscal year. This achievement marks a momentous occasion for Mokam, reflecting the effectiveness of its strategic financial management and
EBL Skybanking Ramadan Campaign winners awarded
Eastern Bank PLC (EBL) has awarded top performing customers during the 'EBL Skybanking Ramadan Campaign 2024’ at special ceremonies held in their Agrabad and Tangail branches recently. The top three winners of the campaign were awarded with television, refrigerator, and air conditioner respectively, while seven other customers received gift hampers
bKash signs MoU with Agrani Bank
Honorarium of the 1.25 lakh data collectors, enumerators and field supervisors of the ‘Economic Census-2023’ project of the Bangladesh Bureau of Statistics (BBS) will be paid through bKash. Agrani Bank PLC along with bKash will disburse a total of Tk 400 crore honorarium to the enumerators’ bKash accounts. In this
Apex Footwear wins at Retail Asia Awards
Apex Footwear Limited was recognised at the Retail Asia Awards 2024, held on June 11 at the Marina Bay Sands Expo & Convention Centre in Singapore. Apex was honored in two categories: “Footwear Retailer of the Year - Bangladesh” and “Sustainability Initiative of the Year - Bangladesh". Apex Footwear Ltd.
Bangladesh’s economy to grow 5.7%pc in FY25: WB
Bangladesh's economy is likely to grow 5.7% in FY25, supported by increased private consumption for easing inflation and a pick-up in overall investment for implementation of large investment projects, according to the World Bank. Shortages of inputs and imported goods are expected to ease gradually. A more flexible exchange rate policy
Berger Paints partners with Edison Real Estate
Berger Paints Bangladesh Ltd has formalized an agreement with Edison Real Estate Ltd, a subsidiary of the esteemed local conglomerate Edison Group. The agreement, which promises to elevate the quality of real estate developments, was signed on June 11th at Edison Group's corporate office in Tejgaon, Dhaka. The signing ceremony
FSIB opens two outlets
First Security Islami Bank PLC (FSIB) inaugurated 2 Agent Banking Outlets on 12 June. The agent banking outlets are located at Gharmora Bazar, Homna, Cumilla and Sonali Bazar, Rupnagar, Dhaka. Syed Waseque Md. Ali, Managing Director of the bank inaugurated the agent banking outlets through video conference. Among others, Muhammad
Premier Bank holds 25th AGM
The Premier Bank PLC held its 25th annual general meeting (AGM) through digital platform on Wednesday, June 12. Heroic Freedom Fighter Dr. H.B.M. Iqbal, Honorable Chairman, Board of Directors of The Premier Bank PLC presided over the occasion. Vice Chairman of the Board of Directors Moin Iqbal, members of the
School banking conference held in Cumilla
Following the directive of Bangladesh Bank, the School Banking Conference was held in Cumilla with the view of promoting financial inclusion and developing a saving mindset among school-going students. The day-long conference was held at Dhulipara Funtown Auditorium in Cumilla, under the direct supervision of United Commercial Bank PLC (UCB).