Islami Bank Bangladesh Limited (IBBL) Sylhet zone has organized agent banking business development conference on Saturday at a hotel of Sylhet, a press release said. Mohammed Monirul Moula, MD and CEO of the bank, addressed the conference as chief guest. Md. Omar Faruk Khan, AMD, Md. Maksudur Rahman, head of
Tag: Bangladesh Bank
BB order on promotions in banks raises eyebrows
The central bank’s directive on getting banking diploma for promotions to the senior levels in banks raised many eyebrows as the institution providing the degrees is reportedly plagued with irregularities and corruption. The Bangladesh Bank (BB) on Wednesday made it mandatory for bank officials to obtain a banking diploma to be
Revitalising the NBFIs in Bangladesh
Mohammad Abdul Karim With the widespread anomalies and absence of good governance, scam-hit Non-Bank Financial Institutions (NBFIs) has put the economy of Bangladesh in an awkward situation. At present 33 Non-Bank Financial Institutions are working in Bangladesh. There are 2 are totally state owned, 15 are local private and 15 are joint
Friendship receives Superbrands award
Social Purpose Organization Friendship has received the Superbrands certification on February 11, 2022 at the Hotel Sheraton Dhaka, a press release said Sunday. The certificate was awarded in the non-government organisation category, in recognition of the exceptional work done by Friendship in the last 21 years. Aftab Ul Islam, director
BRAC Bank signs refinance deal with BB
BRAC Bank has signed a participation agreement with Bangladesh Bank (BB) to avail “Refinance Scheme for Ship Building Industry” in line with the government’s ‘Ship-Building Industry Development Policy 2021,’a press release said Wednesday. This low-cost BDT 2,000 crore Refinance Scheme has been introduced for the development, management and promotion of
BB, BRAC Bank hold awareness programme
Bangladesh Bank and BRAC Bank jointly organized an awareness programme about automated Foreign Currency (FC) clearing through RTGS System, a press release said Tuesday. BB initiated the session by presenting key features of automated FC clearing in the RTGS system and exchanging views with the customers who avail of the
BGCB signs deal with BB
Bengal Commercial Bank Limited (BGCB) has signed a participation agreement with Bangladesh Bank (BB) in the Tk10, 000 crore Export Facilitation Pre-financing Fund (EFPF) formed by BB, a press release said Monday. Abdur Rouf Talukder, Governor of BB, handed over the agreement document to Tarik Morshed, MD and CEO of
Prime Bank signs deal with BB
Prime Bank has signed an agreement with Bangladesh Bank (BB) recently to disburse loans among exporters from a newly formed Tk 10,000 crore export facilitation pre-finance fund of the central bank, a press release said Saturday. Hassan O. Rashid, MD and CEO of Prime Bank, and Abdur Rouf Talukder, Governor
NBL signs export fund deal with BB
National Bank Limited signed a participation agreement with Bangladesh Bank in the Tk 10,000 crore export support pre-financing fund formed by Bangladesh Bank on January 30, 2023, a press release said Wednesday. The agreement was signed on behalf of Bangladesh Bank by Maksuda Begum, Director of Banking Regulations and Policy
IBBL signs export fund deal with BB
Islami Bank Bangladesh Limited signed an agreement with the Bangladesh Bank for receiving 'Export Facilitation Pre-finance Fund' under the Islamic Shari'ah-compliant Restricted Mudaraba system, a press release said Wednesday. BB formed a fund of Tk 10,000 crore with the aim of continuing the ongoing development and expansion of export-oriented industries