How to get cashback BDT 70 from Nagad?

‘Add Money’ to Nagad Islamic from Islami Bank offers BDT 70 cashback

Islami Bank Bangladesh Limited operated with Islamic rules and mobile financial service of the Post Office Nagad have come up with an exciting bonus offer for the customers. The customers will be given a BDT 70 instant bonus as a gift for depositing BDT 3,000 with ‘Nagad Islamic’ from Islami Bank, according to the ‘Add … Read more

Tarek Reaz Khan Becomes the New MD & CEO of Padma Bank Limited

Tarek Reaz Khan

Mr. Tarek Reaz Khan joined Padma Bank Limited as Managing Director (MD) & Chief Executive Officer (CEO) for 3-year tenure with effect from 09 March 2022. Tarek previously served as Deputy Managing Director & COO of Mutual Trust Bank Ltd. After completing Masters in Marketing from Dhaka University, Tarek started his career with Beximco Group … Read more

BB asks banks not to terminate employees for failure to fulfill deposit targets

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Bangladesh Bank (BB) has asked banks not to terminate any officials or employees due to their failure to fulfill the target of deposit collection. Banks also will not be allowed to either postpone the promotion or ask to resign their officials or employees, if the officials or employees fail to achieve the target of deposit … Read more

Sonali bank announces record-breaking operating profit Tk2,205 cr for 2021

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Sonali Bank Limited has made a record-breaking operating profit of Tk2,205 crore in the year 2021. Previously, the bank earned an operating profit of Tk2,153 crore in 2020. According to the data of the bank, the classified loan of the bank also came down to 14.14% at the end of 2021, 4.23% less than the … Read more

Agrani Bank MD removed

agrani bank

From the position of director of the state-owned Agrani Bank, government has removed Faraz Ali. Biswajit Bhattacharya, Additional Secretary, Ministry of Finance, has been appointed in his place. The decision was taken last week by the Finance Ministry’s Financial Institutions Division. The appointment of a new director is awaiting approval from Bangladesh Bank. Before becoming … Read more

ADB will provide Tk 1,275 crore to create employment

ADB

The Asian Development Bank (ADB) will assist small entrepreneurs in creating employment in Bangladesh. For this, the company is giving a loan of 150 million dollars. In Bangladeshi currency, the amount is about 1,265 crore Tk (85 Tk per dollar). The Department of Economic Relations (ERD) signed a loan agreement in Sher-e-Bangla Nagar on Monday … Read more

upay wins fintech innovation award for its multi-wallet feature

Sydul Haque Khandaker, Managing Director and CEO of upay ( Thrid from the right) receives the award at the Bangladesh Fintech Award 2021

upay, one of the fastest-growing mobile financial service providers in the country has won the ‘Fintech Innovation of the Year’ award in mobile money category. The award has been conferred to upay for its innovative multi-wallet feature enabling customers to make transaction at a lower cost from four different wallets in one upay account. Sydul … Read more