Over 62,500 BO accounts closed in nine months amid market volatility
Amid persistent volatility in the equity market, as many as 62,552 beneficiary owners' (BO) accounts have been closed over the past nine months, reflecting investors' growing frustration and reduced participation.According to data from Central Depository Bangladesh Ltd (CDBL), the number of active BO accounts stood at just over 1.29 million...
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BRAC Bank partners with VeloxPays to facilitate app-based remittance
BRAC Bank has partnered with VeloxPays Pty Ltd, a new remittance service provider, to deliver a convenient app-based remittance experience for wage earners in Bangladesh.Regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC), VeloxPays offers a secure and user-friendly platform that allows customers to send money back home. With...
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MIDLAND BANK SIGNS MOU WITH IFAD MOTORS
Midland Bank PLC signed a Memorandum of Understanding (MoU) with IFAD Motors Ltd, authorised distributor and manufacturer of Royal Enfield motorcycles in Bangladesh. Under this partnership, all Midland Bank credit cardholders will get up to 36 months' EMI facility on the purchase of Royal Enfield motorcycles from IFAD Motors' designated...
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Bayer's innovative ways of boosting farm output while preserving environment
To meet the consumption need of an ever-expanding population across the globe it is important to increase production of food, feed and fibre. However, while doing so, it is equally important to refrain from harming the ecosystems. Natasha Santos, Global Head of Sustainability and Strategic Engagement at Bayer's recently paid...
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