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UCB joins two Bangladesh Bank schemes to offer loans at 7pc interest to leather, frozen food industries

Bangladesh, Nov. 2 -- United Commercial Bank PLC (UCB) has signed two separate Memorandums of Understanding (MoUs) with Bangladesh Bank to participate in two BDT 2,000 crore pre-financing schemes aime... Read More


Prime Bank signs MoU with Jagannath University

Bangladesh, Nov. 2 -- Prime Bank PLC recently signed a memorandum of understanding (MoU) with Jagannath University to expand banking services for the university's students, teachers and employees and ... Read More


Bangladesh Bank, IFIC Bank sign deal for participation in pre-financing fund for frozen food sector

Bangladesh, Nov. 2 -- IFIC Bank PLC and Bangladesh Bank have signed an agreement for IFIC Bank's participation in the Tk 2,000 crore pre-financing fund established by Bangladesh Bank to facilitate fin... Read More


Mohammad Muslim Chowdhury joins BRAC Bank Board as Independent Director

Bangladesh, Nov. 2 -- BRAC Bank Board has welcomed Mohammad Muslim Chowdhury as an Independent Director. Mohammad Muslim Chowdhury brings in decades of experience in government finance, public-secto... Read More


Bank Asia holds Senior Management Awareness Session on Risk-Based Supervision (RBS) Framework

Bangladesh, Nov. 2 -- Bank Asia PLC organized a Senior Management Awareness Session on the newly introduced Risk-Based Supervision (RBS) Framework, in compliance with Bangladesh Bank's regulatory requ... Read More


RMG worker leader urges protesters to return to work

Bangladesh, Nov. 2 -- Babul Akhter, a worker representative on the garment wage board, has urged protesters to return to factories, warning against vandalism and outside provocation. Speaking after a... Read More


Hong Kong roadshow: HSBC, BGMEA connect global RMG buyers

Bangladesh, Nov. 2 -- HSBC Bangladesh and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), in collaboration with the Consulate General of Bangladesh in Hong Kong, jointly organi... Read More


RMG unrest: 670 factories suspended operations

Bangladesh, Nov. 2 -- Widespread labour unrest has severely affected industrial operations across major manufacturing hubs in Gazipur, Savar, Ashulia and Mirpur, with closures escalating sharply by Mo... Read More


Sweden expresses interest in supporting Bangladesh's digital infrastructure development

Bangladesh, Nov. 2 -- Swedish Ambassador to Bangladesh Nicolas Weeks has expressed interest in strengthening cooperation with Bangladesh in developing digital public infrastructure and enhancing cyber... Read More


RMG wage board representatives urge protesters to return to work

Bangladesh, Nov. 2 -- Labour representatives on the Minimum Wage Board have urged garment workers to return to their workplaces, assuring them that they would work to ensure implementation of the revi... Read More