Midland Bank Limited and Bangladesh Bank have signed an agreement to collect Treasury Challan through Automated Challan System (ACS) on Thursday. Under this agreement all the branches of Midland Bank will collect passport fees, value added tax (VAT), corporate and personal income tax and other government fees, a press release said. The
Tag: BB
BB, MBL sign deal on ACS
Bangladesh Bank and Mercantile Bank Limited signed a deal on Automated Challan System (ACS) services on Thursday. Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank Limited and Md. ForkanHossain, General Manager, Accounts & Budgeting Department of Central Bank signed the agreement on behalf of their respective organizations on
BB rates BRAC Bank as one of the top 10 sustainable banks
BRAC Bank, the pioneer of SME Banking in Bangladesh, has earned a place among the top 10 sustainable banks based on their performance in the year 2020. The Sustainable Finance Department of Bangladesh Bank published the top-ten sustainable banks’ list and top-five NBFIs on its website, based on a rating. It is
NRBC Bank signs deal with BB to receive tax challans
NRBC Bank signed a deal with Bangladesh Bank on Automated Challan System (ACS). According to the deal, NRBC Bank can receive 645 types of government vat, tax, revenue, passport fees and other fees from branchs, sub-branchs and collection booths, a press release said. The agreement was signed by Md. Forkan Hossain, General
SIBL distributes agri-finance to mango cultivators
Social Islami Bank Limited (SIBL) has distributed agricultural finance at 4% profit rate among mango cultivators of Kalaroa of Satkhira district, a press release said. Under the incentive package of Bangladesh Bank, Satkhira Branch of SIBL disbursed agricultural finance among 50 mango cultivators of Kalaroa. The program was jointly arranged by Solidaridad
Steps needed to stabilise rice market
Banks to continue operating on limited scale until April 28
Banks will continue to opearte on limited scale until April 28 in compliances with the government’s decision to extend the ongoing strict lockdown for one week more, said a fresh circular issued by the central bank on Tuesday. Earlier, Bangladesh Bank directed the banks to operate general transactions from 10 am
BB’s inter-bank fund transfer system reactivated
Inter-bank cheque clearance and electronic fund transfer system of Bangladesh Bank was reactivated Sunday after five days of suspension. The system was suspended on Tuesday last due to a technical fault in the optical fiber of Bangladesh Telecommunications Company Limited (BTCL). "The Inter-bank cheque settlement and electronic fund transfer system resumed operation