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BRAC Bank Promotes Md Shaheen Iqbal to Deputy Managing Director

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Md Shaheen Iqbal, CFA, the bank's Head of Treasury and Financial Institutions, has been appointed Deputy Managing Director by the board of Brac Bank...

Digital Transaction Increased Tremendously

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With the introduction of new products, consumers are becoming more and more dependent on digital transactions. Now Uber, Pathao, and CNG fares are being...

BD Government Approved Movable Assets As Collateral For Loans

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In theory, the cabinet division has approved using tangible assets as collateral when requesting a loan, such as savings certificates, fixed deposits, copyrights, or...

SME Foundation Seeks Tk300cr For Female Entrepreneurs

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Following the effective implementation of the stimulus package, the SME (Small and Medium-sized Enterprises) Foundation has requested a Tk300 crore grant to assist women...

Sonali Bank Focusing on Green Finance For Entrepreneurs

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Sonali Bank Limited focuses on green finance activities following the Government and Bangladesh Bank's guidelines for supporting environment-friendly businesses and projects. The loans are...

Sri Lanka Tightened Trade Rules To Boost Currency Reserves

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On 12 March 2022, Central Bank of Sri Lanka tightened trade restrictions, requiring exporters to repatriate foreign exchange proceeds within 180 days after transactions...

Capital Shortage at 10 Banks

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Bangladesh's banking sector has not improved despite various concessions to combat the COVID-19 pandemic. On the other hand, many have stopped repaying their loans...

The Mastermind: A. K. M. Kamruzzaman, FCMA

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A. K. M. Kamruzzaman, FCMASenior Executive Vice PresidentHead of OperationsLankaBangla Finance Limited With the multiple chains of actions in line, the head of the operations...

HSBC Introduced Bangladesh’s First SLP-based Financing

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For Thengamara Mohila Sabuj Sangha (TMSS), one of Bangladesh's major microfinance institutions, the Hong Kong and Shanghai Banking Corporation (HSBC) has developed the country's...

Dr. Matiur Rahman Appointed New Director of Sonali Bank 

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The Ministry of Finance has appointed Md. Matiur Rahman as a director of the board of directors of Sonali Bank for three years. Dr....