Bay Leasing douses recovery hopes as losses soar in 2024
Bay Leasing & Investment's loss surged in 2024 to more than 11 times the amount it had incurred in the first nine months of the year through September, driven by an escalation in provisioning against bad loans. Compared to 2023, the annual loss, Tk 4.39 billion, in 2024 was 5.3...
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UCB eyes top spot in profitability with strong rebound
Following a significant turnaround from prolonged liquidity stress, United Commercial Bank (UCB) now sets its sights on becoming one of Bangladesh's most profitable commercial banks within the next three to four years, said its Managing Director and CEO Mohammad Mamdudur Rashid.
In an exclusive interview with The Financial Express (FE),...
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PRIME BANK HONOURS ENTREPRENEURS ON WORLD MSME DAY 2025
PRIME BANK HONOURS ENTREPRENEURS ON WORLD MSME DAY 2025Prime Bank recognised seven of its clients for their outstanding contributions to the economy through business ventures on the occasion of World MSME (Micro, Small and Medium Enterprises) Day 2025. The recognition was conferred at a special event titled "Entrepreneurs' Conference and...
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MODHUMOTI BANK CELEBRATES INTERNATIONAL MSME DAY 2025
MODHUMOTI BANK CELEBRATES INTERNATIONAL MSME DAY 2025Modhumoti Bank celebrated the International MSME Day on Thursday. On the day, the bank arranged Open Loan Disbursement Program followed by a discussion session with SME customers held at its VIP road branch premises. The celebration was participated by Md. Shafiul Azam, managing director...
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DHAKA BANK, BUET GRADUATES CLUB, MASTERCARD LAUNCH CREDIT CARD
DHAKA BANK, BUET GRADUATES CLUB, MASTERCARD LAUNCH CREDIT CARDDhaka Bank, in collaboration with BUET Graduates Club and Mastercard, launched a co-branded credit card exclusively for the members of BUET Graduates Club. The new World Mastercard credit card will bring exciting deals and privileges to cardholders, enriching their lifestyle, travel, and...
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