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Brac Bank wins award for the Financial Alliance for Women

BRAC Bank has again been named as the Access to Finance Champion by the Financial Alliance for Women. This is for the fourth consecutive time that BRAC Bank’s name was announced as winner in this category. The announcement came in the 2020 Alliance Summit held from October 6 to 8, 2020,

StanChart Bangladesh to issue Tk 8.50b Zero Coupon Bond

BSS Standard Chartered has received all the regulatory approvals for issuing Taka 8.50 billion Zero Coupon Bond. This would be the first Zero Coupon Bond issued by a foreign bank in Bangladesh, said a press release. It marks another pioneering transaction for the bank in Bangladesh and is an important milestone in

PREMIER BANK OPENS KALAMPUR BRANCH AT DHAMRAI

The Premier Bank Limited has recently inaugurated Kalampur Branch at Dhamrai, Savar, Dhaka to provide financial services to all. (Kalampur Bazar, Dhamrai, Savar, Dhaka). Additional Managing Director of the bank Md. Abdul Jabber Chowdhury inaugurated the ceremony by cutting ribbon and was present as Chief Guest. Md. Shahriar Rahman, Manager, Kalampur Branch

JPMorgan appoints former UK finance minister as adviser

LONDON, (AFP) US investment bank JPMorgan on Tuesday said it had appointed Britain’s former finance minister Sajid Javid as a paid senior adviser. Javid, who remains an MP in the ruling Conservative party after he resigned as Chancellor of the Exchequer in February, will join the bank’s advisory council for Europe,

BRAC Bank gets JPMorgan Chase recognition

Only Bangladeshi Bank to Retain U.S. Dollar Clearing MT103 and MT202 awards for three consecutive years BRAC Bank has received the ‘2020 U.S. Dollar Clearing MT103’ and ‘2020 U.S. Dollar Clearing MT202’ Quality Recognition Awards from JPMorgan Chase & Co., an American multinational investment bank and financial services holding company.  JPMorgan, considered

ADB, HSBC to finance $1.2b in trade to boost supplies

BSS The Asian Development Bank (ADB) and the HSBC have launched a programme to support up to $1.2 billion a year in trade by companies in Asia and the Pacific producing goods crucial to the ongoing fight against the coronavirus disease (COVID-19) pandemic. The targeted financing available through the new program

BB reappoints Fazle Kabir as governor

BSS The government has reappointed Fazle Kabir as the Bangladesh Bank governor after 12 days of his previous tenure ended on July 3. Finance Ministry on July 15 issued a gazette notification in this regard. Fazle Kabir has been reappointed as per the Bangladesh Bank (Amendment) Act 2020 and his present tenure

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