EBL donates Tk. 15 lac to establish school for rehabilitated children

Eastern Bank Limited (EBL) is providing financial assistance for establishing a primary school at Payeendong Union of Fatikchari District, Chattogram, a press release said. The donation was made under EBL’s CSR program and is part of yearlong initiatives to mark the birth centenary of the Father of the Nation. EBL Head of

EBL concludes first SOFR-based deal with Wells Fargo

Eastern Bank Limited (EBL) has recently taken a SOFR-based trade loan from Wells Fargo Bank, said a press release Saturday. This is the first SOFR-based transaction in the Bangladesh market for the lender. Under the deal, Wells Fargo, Singapore has extended a trade loan facility for 180 days to EBL where

EBL opens two more agent banking outlets

Eastern Bank Ltd.( EBL) has opened two more agent banking outlets at Bagmara, Lalmai, Cumilla  and Kaliganj, Jenaidah recently, said a press release. The Bagmara outlet was inaugurated by Abdul Motin Mollah, President, Lalmai Upozila Awami League while  EBL Branch Manager Lalmai, Cumilla SME-Agri Branch Md Kabir Chowdhury   and Agent Owner

EBL joins BIDA’s Online One Stop Service (OSS)

Eastern Bank Ltd. (EBL) has signed a MoU with Bangladesh Investment Development Authority (BIDA) for system integration with their Online One Stop Service (OSS) portal at a ceremony held in Dhaka recently, a press release said. Ahmed Shaheen, Deputy Managing Director of EBL signed the MoU. BIDA signed similar MoU with 4

Alpha insurance opts for EBL e-Pay service

Policy holders of Alpha Islami Life Insurance Limited now can pay their premium through EBL’s new card based digital collection tool named “ePay” service. Alpha Islami Life Insurance Ltd will also avail payment solution from EBL through its digital payment platform, said a press release. Ahmed Shaheen, Deputy Managing Director and

EBL donates two freezer vans

Eastern Bank Ltd (EBL) has donated two freezer vans to Al-MarkazulIslami and AnjumanMufidul Islam to help facilitate transportation and burial of dead bodies during the Covid-19 pandemic.  EBL also donated a freezer van to AnjumanMufidul Islam’s Chattogram office recently. The vans were provided as part of special COVID-19 CSR program, for

EBL to collect all taxes

All the branches and sub-branches of Eastern Bank Ltd. (EBL) from now on will collect passport fees, VAT, TAX and other government fees. Md Forkan Hossain, General Manager of Bangladesh Bank and Ali Reza Iftekhar, MD and CEO of EBL signed an agreement on Automated Challan System (ACS) on August 26,

EBL signs confirming bank deal with ADB

Eastern Bank Limited (EBL) has signed a ‘Confirming Bank’ deal with the Asian Development Bank (ADB) under their trade finance program. Can Sutken, Senior Investment Specialist of ADB’s private sector operations department and Mehdi Zaman, Deputy Managing Director and Head of Treasury, Offshore Banking and Financial Institutions signed the agreement on

EBL, SKS join hands to fight COVID-19 impacts

Eastern Bank Ltd. (EBL) joins hand with Sena Kalyan Sangstha (SKS) to work together to roll out a special COVID-19 corporate social responsibility program for the coronavirus affected people of the Rajshahi and Khulna divisions. Ali Reza Iftekhar, Managing Director and CEO of EBL handed acheque for TK 2 million to

EBL observes National Mourning Day

Eastern Bank Ltd. (EBL) organised a tree plantation program in Dhaka to observe the National Mourning Day and to pay tribute to Bangabandhu Sheikh MujiburRahman. Ali Reza Iftekhar, Managing Director and CEO along with senior officials of the bank took part in the tree plantation program held at theBashundhara Residential Area