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Mercantile Bank’s move to facilitate industrial growth

Mercantile Bank’s move to facilitate industrial growth

Managing cost of fund, encouraging low cost deposits and lowering higher rate of bank loans are the top priorities of Mercantile Bank Ltd to facilitate industrial growth of the country,…

15th AGM of Mutual Trust Bank Limited held

15th AGM of Mutual Trust Bank Limited   held

The 15th Annual General Meeting (AGM) of Mutual Trust Bank Limited (MTB) was held on Thursday at Bashundhara Convention Center-2 in the city. MTB Chairman Rashed A. Chowdhury, presided over…

Sayem Ahmed made Dutch-Bangla Bank Chairman

Sayem Ahmed made Dutch-Bangla Bank  Chairman

Sayem Ahmed has been elected Chairman of Dutch-Bangla Bank Limited. The election was held at a meeting of the board of directors of the bank in Dhaka on Monday, said…

Madhumoti Bank introduces campaign for women entrepreneurs

Madhumoti Bank introduces campaign for women entrepreneurs

Modhumoti Bank Limited has introduced a campaign titled ‘Boishakhi Joyeeta’ to promote its women entrepreneurs loan ‘Modhumoti Labonnyo, said a press statement. The campaign was launched for the month of…

Bank Asia chairman re-elected

Bank Asia chairman re-elected

A Rouf Chowdhury was re-elected chairman of Bank Asia at a meeting of the bank’s board of directors on Monday, the bank said in a statement yesterday ( 1 April…

Mutual Trust Bank launches mobile financial services

Mutual Trust Bank  launches mobile financial services

Mutual Trust Bank Limited (MTB) has launched its mobile financial services ‘Bangla Cash’ at a programme in the capital recently, said a press statement. MTB Chairman Rashed Ahmed Chowdhury unveiled…

Bangladesh Bank launches software to fight against money laundering

Bangladesh Bank launches software to fight against money laundering

Bangladesh Bank on Monday launched a software to strengthen its fight against money laundering and terrorist financing. The BB governor Atiur Rahman inaugurated the software, goAML, at the central bank…

IDLC to act as lead Arranger and agent for financing a dry dock project at Chittagong

IDLC to act as lead Arranger and agent for financing a dry dock project at Chittagong

Karnafuly Ship Builders Limited has recently mandated IDLC Finance Limited as Lead Arranger and Agent to arrange USD 105.00 million Term Loan Finance to set up a Dry Dock project…

Investment Promotion and Financing Facility available for private sector

Investment Promotion and Financing Facility available for private sector

Bangladesh Bank (BB) governor Dr Atiur Rahman Tuesday urged the private sector entrepreneurs to avail the facility of Investment Promotion and Financing Facility (IPFF) fund at a low interest rate…

HSBC Bank to fund oil import as alternative source

HSBC Bank to fund oil import as alternative source

The HSBC-led syndication is emerging as big alternative to funding the country’s lone oil importing organisation, BPC that pays around US$ 4.0 billion for its annual fuel imports. The syndication…