In a few days, five Shariah-based Islamic banks in the country will be merged and renamed as the ‘United Islamic Bank’. Subsequently, all branch signboards nationwide will be changed. Before the signboard change, Bangladesh Bank will announce when depositors can withdraw their funds from these banks. According to Bangladesh Bank sources, a programme or scheme […]

BRAC Bank leaders have emphasised the need for stronger governance, strict compliance, and proactive preparedness to tackle future risks in the banking sector. This call was made at the bank’s Annual Risk Conference 2025. The day-long conference was held on Saturday, 29 November, at BRAC Bank’s headquarters in Dhaka in a hybrid format, with over […]

Amid the ongoing distress in the banking sector, middle-class investors increasingly view savings certificates as the safest investment option. Alongside security, these certificates also offer comparatively favourable interest rates. The National Savings Directorate currently provides four types of savings certificates: Pensioner Savings Certificates, Family Savings Certificates, Five-Year Bangladesh Savings Certificates and Three-Month Profit-Based Savings Certificates. […]

Mohammad Ali, managing director of Pubali Bank PLC, has been awarded the “IRBA Transformation Leader in Bangladesh 2025” by the Awards Committee of the Islamic Retail Banking Awards (IRBA). According to a press release, Ali’s exceptional leadership, strategic foresight, and transformative contributions have strengthened Bangladesh’s financial ecosystem and advanced Islamic banking practices. His innovative approach […]

Bangladesh Bank has launched a new initiative to reduce the cost of remittances sent by expatriates and to increase the overall flow of remittances. Under this programme, commercial banks have been instructed to submit detailed cost information of each remittance transaction to the central bank. The central bank has prepared two separate templates for this […]

Entrepreneurs across the country have demanded that Agrani Bank relaunch its agent service after settling all debts and compensations. The demand was made at a press conference held on Wednesday (3 December) at the National Press Club in the capital. Speaking on behalf of the entrepreneurs, Md. Abu Said stated, “For the past ten years, […]

Staff Reporter: BRAC Bank emphasised stronger governance, stringent compliance, modern risk management frameworks, and proactive preparedness to tackle the rapidly changing risk landscape in the banking sector. At its Annual Risk Conference 2025, senior executives urged sector-wide collaboration and capacity building to address future risks effectively. The day-long hybrid conference held on 29 November at […]

Pubali Bank PLC has been named “Best Islamic Banking Window in Bangladesh 2025” by the internationally recognised Cambridge IFA-UK at the Islamic Retail Banking Awards (IRBA). This recognition celebrates the bank’s continuous progress, adherence to Shariah-compliant banking principles, innovative financial solutions, and high-quality customer service. The Islamic Banking division of Pubali Bank remains committed to […]