EBL changes to Eastern Bank PLC.

The country's second generation and most awarded commercial bank Eastern Bank Limited (EBL) has been renamed as Eastern Bank PLC. (EBL), with effect from September 3, 2023, a press release said on Wednesday. In this regard the central bank's Banking Regulation and Policy Department (BRPD) issued a circular to all

EBL launches co-brand payroll card with Renata

Eastern Bank Limited (EBL) and Renata Limited have introduced a co-brand Payroll card for the employees of the latter, a press release said on Thursday. Ahmed Shaheen, Additional Managing Director and Head of Corporate Banking, EBL and Syed S. Kaiser Kabir, CEO and MD of Renata Limited officially launched the co-brand

Eastern Bank, Konna Wellbeing signs agreement

The Eastern Bank Ltd. (EBL) and Konna Wellbeing Ltd. signed an agreement in Dhaka recently, a press release said on Thursday. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL and Proma Parmita, Managing Director of Konna Wellbeing signed the deal on behalf of

EBL signs deal with Zantrik

The Eastern Bank Ltd. (EBL) and Zantrik Limited have signed a customer benefit  agreement in Dhaka recently, a press release said Thursday. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL and Muhtasim Mahdi All Farooque, Managing Director and CEO of Zantrik signed the

Eastern Bank announces 25% dividend for 2021

Eastern Bank Limited (EBL) has announced 25 per cent dividend for the year 2021 ended on December 31 of that year. The dividend includes 12.50 per cent cash and 12.50 per cent stock.  The shareholders of the bank unanimously approved the dividend at the 30th Annual General Meeting (AGM) on Thursday. Md Showkat

Eastern Bank opens a new branch at Dhanmondi

Eastern Bank Limited (EBL) has inaugurated a new branch at the Dhanmondi Residential Area on Thursday, 12 May, 2022. EBL Chairman Md.  Showkat Ali Chowdhury inaugurated the branch at a simple ceremony. This is the third branch of the bank in the area. EBL Managing Director and CEO Ali Reza Iftekhar, senior

BSEC chair urges Japanese investors to invest in Bangladesh

Bangladesh Securities and Exchange Commission’s (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam urged Japanese investors to invest in Bangladesh capital market. He said Japan is Bangladesh’s most trusted friend and biggest development partner. Japanese investors can now take advantage of Bangladesh capital market as the return on investment is very high. says a

Visa, EBL to offer trustee services to clients

Visa Worldwide Pte. Ltd. (Visa) partners with Eastern Bank Ltd. (EBL) to roll out a unique solution by offering Trustee Services to its Member Banks in Bangladesh in order to address the domestic settlement issues by maintaining cash collateral with the Trust. A virtual signing ceremony to this effect was held