SC named as best sustainable finance bank

Standard Chartered (SC) has recently named ‘Best Bank in Bangladesh for Sustainable Finance’ at The Asset Triple A Country Awards for Sustainable Finance, a press release said Tuesday. The bank was recognised by the awarding body for arranging the nation’s first green zero-coupon bond and first green bond. Green, social, and

Prime Bank receives $50m from IFC to support trade, forex liquidity needs in Bangladesh

To support export and import-based businesses in coping with global uncertainties induced by the Covid-19 pandemic, International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited in Bangladesh.  This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import based entities borrowing

UCB to finance new entrepreneurs under SEIP

United Commercial Bank Ltd. (UCB) will finance the new entrepreneurs trained by the bank under Skills for Employment Investment Program (SEIP) of Bangladesh Bank, a press release said Tuesday. BB governor Abdur Rouf Talukder, deputy governor Abu Farah Md. Nasser, and UCB Managing Director & CEO Arif Quadri launched the

SCB wins best trade finance, CSR bank awards

Standard Chartered Bangladesh (SCB) has recently claimed the titles of ‘Best Trade Finance Bank’ and ‘Best CSR Bank’ in Bangladesh at the Global Brand Awards 2022, a press release said Thursday. SCB was awarded Best Trade Finance Bank for pioneering sustainable and future-fit trade practices, promoting inclusive trade, championing digital

UCB gets global IFC SME Finance Award

United Commercial Bank (UCB) has been recognized by IFC SME Finance Forum at the Global SME Finance Awards 2022 held in Cambodia, a press release said Thursday. The bank got the award for in two categories- (i) SME FINANCIER OF THE YEAR – ASIA and (ii) PRODUCT INNOVATION OF THE

IPDC Finance opens branch at Khulna

IPDC Finance Limited has recently opened a branch at Khulna to further extend its business operations there,a press release said Saturday. The new branch is located in the city’s Matribhasha Bhaban at KDA Avenue in Tetul Tola Mor. It has opened this branch with a vision to be a partner of

LankaBangla signs refinance deal with BB

LankaBangla Finance Limited has signed an refinance agreement with the Bangladesh Bank under the project “Supporting Post Covid-19 Small Scale Employment Creation Project” (SPCSSECP), a press release said Saturday. Executive Director of Bangladesh Bank, Nurun Nahar and Khwaja Shahriar, Managing Director and CEO of LankaBangla Finance signed the agreement on behalf