ICB Islamic Bank in dire straits
After Padma Bank, ICB Islamic Bank appears to be the next in line to be…
National Bank opens relocated Maijdee Court branch
National Bank recently opened a relocated branch at Jahangir Tower in Maijdee Court in Noakhali. Probir Kumar Bhowmick, senior vice-president and head for Chittagong region of the bank, inaugurated the branch as chief guest, read a press release. Among others, Soyeb Ullah, chairman of Childcare Kindergarten, along with the manager of the relocated branch, branch…
Al-Arafah Islami Bank launches International Islami debit card
Al-Arafah Islami Bank, in collaboration with Mastercard, has launched ‘International Islami Debit Card’. Farman R Chowdhury, managing director and CEO of the bank, and Syed Mohammad Kamal, country manager of Mastercard Bangladesh, inaugurated the card at a hotel in Dhaka on Wednesday, the bank said in a press release. This debit card will allow cardholders…
ICB Islamic Bank in dire straits
After Padma Bank, ICB Islamic Bank appears to be the next in line to be absorbed by a stronger bank under the central bank’s roadmap to clean up the banking sector and bring in corporate governance. The Shariah-based bank, which took shape from the ruins of Oriental Bank in 2008, is struggling to continue its…
Foreign loan commitment jumps 300% in Jul-Feb
Although foreign aid commitments made to Bangladesh by global lenders surged more than 300 percent year-on-year in the first eight months of the current fiscal year of 2023-24, disbursement has remained almost flat. In the July-February period, loan commitments from development partners increased to $7.2 billion, up 304 percent, according to the Economic Relations Division…
Building a collective dream
He could have fulfilled the dream of his student life of becoming a civil engineer or a doctor. He had even prepared for it, retaining both mathematics and biology in his array of subjects for the intermediate level of education. He also got admitted to the Department of Civil Engineering at the Bangladesh University of…