Starbucks: Brewing Billions Beyond Coffee Operating Like A Bank!
Starbucks, the renowned coffeehouse chain, has managed to amass a staggering $1.8 billion in customer funds through its rewards program as of April 2. To put this in perspective, if…
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Bank
BRAC Bank’s Branch Network achieves Tk 2,000 crore net deposit growth in September 2024
BRAC Bank’s Branch Network had a net deposit growth of Tk 2,000 crore in September 2024, the highest single-month deposit growth by any Branch Network in Bangladesh as stated in press…
BRAC Bank Partners With Apon To Extend Instant Digital Loan To RMG Workers
BRAC Bank partnered strategically with Apon Bazaar to extend small-ticket digital loans to ready-made garment (RMG) workers in minutes, said a press release.
The joint initiative aims…
BB Governor: No More Bank Liquidity Support
Bangladesh Bank (BB) has announced it will no longer provide special liquidity support to any banks, according to Governor Ahsan H Mansur. This decision marks a significant shift in the…
Syed Mahbubur Rahman From MTB Appointed as Chairman of PDBL
The board of directors of Primary Dealers Bangladesh Limited (PDBL), unanimously elected Syed Mahbubur Rahman, Managing Director & CEO of Mutual Trust Bank PLC, as the new Chairman of…
National Bank Declines Merger
National Bank, a prominent financial institution in Bangladesh, finds itself at the center of deliberations surrounding a potential merger with United Commercial Bank (UCB). However,…
Five Banks Managed Half of Defaulted Loans in June Last Year
In a recent report by Bangladesh Bank, the banking sector faces heightened concerns as defaulted loans concentration spikes by 30%among the top five banks in the second quarter of 2023.…
Training and Awareness Programme on Sustainable Financing for 30 bankers of Sylhet
GIZ Bangladeshorganised a Sustainable finance training programme for 30 bankers of Sylhet, so they support the mobilization of climate and environment-friendly investment from the private…
