Q1'26 term deposits up 14pc as savers seek safe returns
Term deposits at banks recorded robust year-on-year growth in the January-March quarter of 2026 as depositors increasingly opted for fixed-income savings instruments to secure higher returns amid a high interest rate environment.The latest Bangladesh Bank (BB) data suggests customers are locking in their savings for longer tenures, reflecting a growing...
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Quamruzzaman new CEO of ICAB
The Institute of Chartered Accountants of Bangladesh (ICAB) has appointed Md. Quamruzzaman as its new Chief Executive Officer (CEO).He assumed office on Sunday, says a press release.Mr. Quamruzzaman brings more than 35 years of leadership experience in the banking and financial services sector.Before joining ICAB, he served as Country Head...
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PM seeks faster progress
Prime Minister Tarique Rahman on Sunday directed the authorities concerned to expedite two major waste-to-energy projects for Dhaka, saying the schemes must be implemented on time using the best available environment-friendly technology, reports UNB.He gave the directive at a meeting on the proposed projects for Aminbazar under Dhaka North City...
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Flood causes substantial damage to agriculture, fisheries in Ctg
CHATTOGRAM, July 12: Floods caused by days of continuous heavy rainfall since July 5 and hilly runoff have inflicted extensive damage on the agricultural and fisheries sectors of Chattogram.The collapse of pond and enclosure embankments has resulted in the loss of fish worth millions of taka.According to preliminary estimates by...
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Guardian posts 34.3pc growth in H1 2026 claim settlements
Guardian Life Insurance Limited has continued its strong claims settlement momentum, settling insurance claims worth Tk 3.34 billion during the first half (January-June) of 2026.The amount is 34.3 percent higher than the Tk 2.49 billion settled during the corresponding period last year, extending the company's upward trajectory in claim settlement,...
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bKash lowers cash out charge to Tk 13.95
To make cash-out costs more affordable for its users, bKash has once again reduced its charge.From now on, customers can cash out up to Tk 50,000 per month at a cost of Tk 13.95 per thousand from two Priyo Agent numbers. As always, this fee includes VAT and all other...
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MIDLAND BANK HOLDS TRAINING ON ISLAMIC BANKING FUNDAMENTALS
Midland Bank PLC (MDB) organised a two-day training programme titled "Islamic Banking Fundamentals" at the MDB Training Institute in Banani, Dhaka. The event, held on July 4 and July 11, was designed to provide participants with a comprehensive understanding of Islamic banking principles. On the first day, sessions were conducted...
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NRBC BANK HOLDS BARISHAL ZONE TOWN HALL MEETING
NRBC Bank PLC held its Barishal Zone Town Hall Meeting 2026 at the Barishal Club on Saturday. The meeting was attended by Chairman of the bank Md. Ali Hossain Prodhania as the chief guest, while it was presided over by Managing Director & CEO Dr. Md. Touhidul Alam Khan. Special...
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NITOL INSURANCE HOLDS 27TH ANNUAL GENERAL MEETING
The 27th Annual General Meeting of Nitol Insurance PLC was held virtually on Sunday. A K M Monirul Hoque, Chairman of the company, presided over the meeting. EC Chairperson and Director Naeema Hoque, Directors Mahmudul Hoque Shamim, Nazme Ara Husain, Md. Murad Hossain, Independent Directors Md. Mamunur Rashid and Md....
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