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BRAC Bank Brought Digital Loan App

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BRAC Bank has launched Bangladesh's first end-to-end digital loan app SUVIDHA. The app will allow customers to apply for digital retail loans from anywhere...

Joe Biden To Tout IBM’s $20bn Investment

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President Joe Biden will tout IBM Corp's plans to invest $20 billion in New York over the next decade in developing and manufacturing semiconductors,...

27 Banks Asked to Clarify Credit Card Rule Violation

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The Bangladesh Bank has led 27 banks to justify why they permitted 71 credit card users to spend more than $12,000 each, which is...

IPDC Finance To Borrow €15m From Germany

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IPDC Finance Ltd has attained approval from the Bangladesh Bank to avail of 15 million euros in long-term financing from the German development finance...

Government Considering Digital Currency

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The government is considering over-swapping to digital currency, a move thought to be faster, cheaper, and more transparent in transactions. Many specialists also believe...

BIDA Appointed Lokman Hossain As Executive Chairman

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Lokman Hossain, a former bureaucrat, joined Bangladesh Investment Development Authority (BIDA) as its new Executive Chairman for three consecutive years. Brought back to service...

Bangladesh Bank Warned Money Changers About Irregularities

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Once again, the Bangladesh Bank alerted the money changers about numerous irregularities, like, keeping more dollars than the fixed by the central bank. A...

HSBC Acknowledged As Market Leader in Corporate Banking, ESG, and CSR...

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The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has recently been designated as the market leader in the highest number of three categories in...

Saudi To Establish USD3.5b Green Hydrogen Project in Egypt

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Alfanar, a Saudi Arabian company said it has signed a memorandum of understanding to construct a $3.5 billion green hydrogen initiative in Egypt. The...

Unilever Bangladesh’s Profit Surges 79pc

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Unilever Consumer Care Ltd, a subsidiary of Unilever in Bangladesh, posted a 78.66% year-on-year increase in profit in the April-June quarter of 2022. As...

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