32nd AGM of EBL declares 25% dividend for 2023

Eastern Bank PLC. (EBL) has declared a 25% dividend (12.50% cash and 12.50% stock) for the year ended December 31, 2023, following approval by the shareholders at the 32nd Annual General Meeting held on 29 April. The AGM, presided over by Md. Showkat Ali Chowdhury, chairman of the board of

EBL, Mastercard launch prepaid card for medical tourism

Eastern Bank PLC (EBL) has collaborated with Mastercard to launch the country’s first prepaid card for medical tourism to simplify access to healthcare in India for Bangladeshi patients. The new dual currency card features exclusive offers, such as a 10% discount on in-patient hospital bills across 120+ hospitals in Delhi,

EBL, BMMOA co-branded card launched

Eastern Bank PLC (EBL) and Bangladesh Merchant Marine Officers’ Association (BMMOA) have launched co-branded VISA Signature and VISA Platinum credit cards and debit cards, in collaboration with VISA recently. The EBL-BMMOA co-branded credit cards offer BMMOA members an array of exclusive benefits tailored to the needs of BMMOA members. Cardholders

EBL hosts training session on sustainable finance

To enhance knowledge and capacity in sustainable finance Eastern Bank PLC. (EBL) organized a training session for its employees at the bank’s head office in Gulshan in the city. The session titled “Navigating sustainable finance: reporting, ESRM guidelines, and green finance” was addressed among others by Chowdhury Liakat Ali, Director;

Le Méridien offers benefits to EBL cardholders

Eastern Bank PLC (EBL) cardholders will enjoy special benefits at Le Méridien Dhaka, a leading five-star hospitality property in the city. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking, EBL and Constantinos S. Gavriel, General Manager of Le Méridien Dhaka signed a deal to this

EBL, iFarmer sign agreement

Eastern Bank PLC (EBL) will offer agri-loan to the listed farmers of iFarmer, a leading agri-tech company of the country.  M. Khorshed Anowar, DMD and Head of Retail and SME Banking of EBL and Md. Fahad Ifaz, Co-founder and CEO of iFarmer signed an agreement to this effect at the

EBL to launch life and non-life insurance

Eastern Bank PLC (EBL) has formally launched both life and non-life insurance products in the banking sector of Bangladesh, a press release said Tuesday. The launching ceremony was held at EBL head office in the city and was attended by Mohammad Jainul Bari, Chairman, Insurance Development and Regulatory Authority (IDRA)

EBL wins Euromoney award

Eastern Bank PLC (EBL) has been ranked number one Market Leader in Euromoney Domestic Category at the Euromoney Trade Finance Survey 2024, a press release said Saturday. The ranking recognises EBL as the best by the most active clients in the country. EBL also ranked number one in last year’s

EBL partners with JP Morgan

Eastern Bank PLC (EBL) has partnered with J.P. Morgan to facilitate inward remittance via ‘Xpedite’, J.P. Morgan’s cross-currency solutions for banks. Kiat Lim, Managing Director and Global Head of Financial Institutions Group (FIG) Sales for Payment at JPMorgan Chase Bank N.A. (JPMC) and Ali Reza Iftekhar, Managing Director and CEO, EBL

EBL opens Boalkhali sub-branch

Eastern Bank PLC (EBL) has opened its 35th sub-branch at Boalkhali in Chattogram on February 27, a press release said Wednesday. Rezaul Karim, Upazila Chairman, Boalkhali; Zahirul Islam, Mayor Boalkhali Pouroshova; Mohammed Mohsin Uddin, Principal, Boalkhali Sirajul Islam Degree College; Nasir Ali and Arif Uddin Jewel, local councilors; and M.