Mamun Faruk promoted to DMD of MTB
Mohammad Mamun Faruk has been promoted to Deputy Managing Director (DMD) at Mutual Trust Bank Limited (MTB). In his new role, he will serve as...
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Al-Arafah Islami Bank holds 460th board meeting
The 460th board meeting of Al-Arafah Islami Bank PLC was held on Wednesday, at the bank’s head office.Chairman of the board of directors Khwaja Shahriar...
EBL retains AAA credit rating for 4th straight year
Eastern Bank PLC (EBL) has retained the highest long-term credit rating of AAA from Credit Rating Agency of Bangladesh Limited (CRAB) for the fourth consecutive...
Digital transactions up 13pc in volume, value in 2025
Bangladesh’s digital transactions grew 13 percent year-on-year in both volume and value in 2025, with the identical growth rate across both metrics pointing to a...
BB clarifies NPL figures, rejects misleading ‘distressed loan’ calculations
The Bangladesh Bank has rejected recent media reports claiming that distressed loans in the country’s banking sector account for between 45per cent and 60per cent...
S Korea eyes investment in local electronics sector
South Korea has expressed strong interest in investing in Bangladesh’s electronics manufacturing and technology sectors as the two countries explored ways to deepen economic and...
Prime Bank customers to get offers from Nirman Builders
Prime Bank PLC has signed an agreement with Nirman Builders & Developers Ltd to offer discounts and special benefits to Prime Bank customers. The signing...
Tax hikes to raise production costs by Tk 12,000 a tonne
Steel manufacturers yesterday urged the government to withdraw proposed hikes in value-added tax (VAT) and duties in the national budget for 2026-27, warning that the...
Norway crown princess has successful lung transplant
Norway’s Crown Princess Mette-Marit, who suffers from a serious lung disease, has undergone a “successful” lung transplant, the palace said Wednesday, after a difficult few...
Sri Lanka ex-leader’s son arrested over corruption
The son of Sri Lanka’s former president Mahinda Rajapaksa was arrested on Wednesday on corruption charges, the anti-graft commission said, the latest case to target...
Pentagon restores name of US Pacific Command
The Pentagon is restoring the name of the US Indo-Pacific Command to the US Pacific Command, it said on Tuesday, reversing a 2018 decision. The...
Russian warship’s warning shots ‘reckless’ not ‘sinister’ UK PM says
UK Prime Minister Keir Starmer on Wednesday said a Russian warship’s warning shots fired near a yacht in the English Channel were “reckless” but not...