BRAC Bank signs agreement with VIPB

BRAC Bank PLC. and VIPB Asset Management Company Limited have signed a custodial service agreement. Under this agreement, BRAC Bank will provide custodial services for the ‘VIPB Fixed Income Fund’, an upcoming open-ended mutual fund to be managed by VIPB Asset Management Company. Tareq Refat Ullah Khan, Deputy Managing Director

LankaBangla inks deal with TAP

LankaBangla Finance Limited (LBFL) has recently signed an agreement with Trust Axiata Pay-TAP to facilitate Digital Financial Services throughout Bangladesh, a press release said Wednesday. This partnership will help to strengthen the presence of Digital Financial Services in rural areas and contribute towards Smart Bangladesh initiatives. Managing Director and CEO

Union Bank signs deal with BB

Union Bank Limited has signed an agreement with Bangladesh Bank to participate in the Export Facilitation Pre-Finance Fund (EFPF) of Tk.100 billion formed by BB, a press release said Tuesday. Governor of BB, Abdur Rouf Talukder, MD and CEO of Union Bank, A. B. M. Mokammel Hoque Chowdhury, and director,

BRAC Bank signs deal with BB

BRAC Bank has signed a participation agreement with Bangladesh Bank (BB) to avail Export Facilitation Pre-finance Fund (EFPF), a press release said Tuesday. BB has formed Tk 10,000 crore EFPF fund for exporters to continue developing and expanding export-oriented industries. BB Governor, Abdur Rouf Talukder, handed over the agreement document

IPDC signs deal with Praava Health

IPDC EZ, a consumer financing product of IPDC Finance, has signed an agreement with Praava Health at the head office of IPDC at Gulshan recently, a press release said Friday. Under the agreement, customers will be able to get finance for availing planned medical services from selected packages by Praava

BRAC Bank signs deal with PLI

BRAC Bank Limited has signed a custodial services agreement with PLI Asset Management Limited at the bank’s head office on January 12, 2023, a press release said Sunday. This agreement will enable BRAC Bank to provide custodial services to PLI Asset Management Limited for the operation of mutual fund titled

Beximco signs deal with Qcoom

Beximco Communications Limited has recently signed a partnership agreement with e-commerce company Qcoom, a press release said Thursday. Under this agreement, Qcoom will sell Beximco product Akash Digital TV through their platform. Himendra Yadav, head Of customer experience of Beximco Communications, and Md Ripan Mia, MD and CEO of Qcoom

Banglalink signs deal with DoC

Banglalink has signed an agreement with the Department of Cooperatives (DoC) under the Ministry of Local Government, Rural Development and Co-operatives, to reduce poverty through cooperatives, a press release said Wednesday. Rubaiyat A Tanzeen, Enterprise Business Director, Banglalink and Md. AhsanKabir, Administration, HRM & Finance, Department of Cooperatives, signed the agreement

BRAC Bank gets maiden private sector financing from Jica

Japan International Cooperation Agency (Jica) on Thursday confirmed its first ever private sector financing in Bangladesh to Brac Bank. To honour its commitment to 3P Philosophy -- People, Planet and Prosperity -- and aiming, Brac Bank signed an agreement with Jica and another with Citibank NA for long-term loan facility totalling

FSIBL signs deal with BB

Bangladesh Bank and First Security Islami Bank Ltd. (FSIBL) have recently signed an participation agreement under refinance scheme for ensuring food security of the country, a press release said Tuesday. The loans will be distributed to the clients on easy terms and low profit rate. Abdur Rouf Talukder, Governor of