Business Archives - Page 15 of 98

Aug192025 by No Comments

BRAC Bank inaugurates sub-branch in Dhaka’s Aftabnagar

BRAC Bank has inaugurated a new sub-branch at Aftabnagar in Dhaka. With this addition, the bank’s sub-branch network now stands at 97. Vice Chairperson Faruq Mayeenuddin Ahmed formally inaugurated the sub-branch at Basic Mansuba Tower, Plot # A-24, Block # A, Aftabnagar Housing in Dhaka on August 17, 2025. Managing Director & CEO (Current Charge) Tareq Refat Ullah Khan and Deputy Managing Director & Head of Branch Distribution Network Sheikh Mohammad Ashfaque, Senior Zonal Head for North A. K. M. Tareq, and senior officials of the bank's Distribution Network were present. Aftabnagar is one of Dhaka's growing residential areas with several universities, wholesale bazaars and urban establishments in its proximity. BRAC Bank launched the Sub-branch Network as part of its m...

Aug182025 by No Comments

Banglalink launches new international roaming pack with BDT balance payment option

Breaking News, Business

In an effort to simplify international mobile communication for Bangladeshi travelers, Banglalink, the country’s leading digital operator, has introduced new international roaming packs that can be purchased directly in Bangladeshi Taka (BDT), eliminating the need for foreign payment methods. The packs offer wide coverage across 50 countries, flexible plan options based on travel needs, and seamless activation through the MyBL app. A significant uplift from the previous practice, which required customers to use international credit or debit cards with US dollar endorsements to activate roaming services, the offering will allow travelers to purchase roaming packages using their mobile balance in taka while traveling abroad. In an increasingly connected world, Banglalink continues to lea...

Aug162025 by No Comments

BRAC Bank partners with BASE, UNEP and UN Women to empower women-led businesses through climate finance

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BRAC Bank has partnered with the United Nations Environment Programme (UNEP), UN Women and BASE under the ‘EmPower: Women for Climate-Resilient Societies’ programme, to launch a climate finance scheme for women-led small and medium enterprises (WSMEs) in the coastal regions of Bangladesh. Coordinated by the BASE, the project seeks to empower women and other marginalised groups through access to climate finance for uptake of renewable energy technologies in their businesses. With financial and technical support from the Centre for Entrepreneurship Development (CED) at BRAC University, BRAC Bank will introduce a USD 3 million loan portfolio targeting a large number of women entrepreneurs. The financial solutions will be tailored to help these businesses operate sustainably and withsta...

Aug152025 by No Comments

BRAC Bank empowers 8,500 farming families through sustainable agri-finance

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BRAC Bank has transformed agricultural financing in Bangladesh, supporting over 8,500 farming families and disbursing BDT 59.39 crore in the last two years. The bank’s efforts have directly benefited nearly 35,000 rural individuals, improving food security, boosting productivity, and uplifting livelihoods, particularly in remote, climate-vulnerable areas. True to its mission as an SME-focused bank, BRAC Bank has prioritised smallholder and marginal farmers, often excluded from formal financing. Through its digital agri-lending platform Shubidha, farmers can access credit within 20 minutes with minimal documentation and without the need to visit a bank branch. This fintech-first model has bridged critical gaps in credit, technology, and financial inclusion, offering dignity and aut...

Aug142025 by No Comments

Guardian disburses Tk 248.81 crore in H1 2025 claim payouts

Breaking News, Business

Guardian Life Insurance Limited has successfully settled Tk 248.81 crore in insurance claims during the first half (H1) of 2025 (January-June). Of the total amount disbursed, the company paid Tk 138.39 crore in death claims, Tk 95.93 crore in health claims, and Tk 14.49 crore in policy maturity and other claims during the period. Such a strong track record in claim settlement further consolidated Guardian's leadership position in Bangladesh's insurance industry. 95% of the total claims are settled in just three working days, demonstrating its operational effectiveness as well as customer-oriented strategy. Guardian's insurance coverage now protects over 13 million (1.30 crore) people, including employees from more than 500 local and multinational organizations. The company’s client b...

Aug142025 by No Comments

Regional Business Conference of National Bank Held in Chattogram

Breaking News, Business

National Bank PLC organized its Regional Business Conference in Chattogram on Wednesday, August 13. The event took place at the conference hall of Ambrosia Restaurant, with the bank’s Managing Director, Mr. Adil Chowdhury, attending as the Chief Guest. Among others, Deputy Managing Director Mr. Syed Rois Uddin, Deputy Managing Director (In-Charge) Mr. Md. Meshkat-ul-Anwar Khan, Senior Vice President & Regional Manager (Chattogram) Mr. A.S.M. Helal Uddin, Senior Vice President Mr. Mohammad Towhidul Karim, along with branch managers of 19 branches in the Chattogram region, corporate branch managers, operations managers, and sub-branch managers, were present. The conference reviewed the performance of the corporate and other branches in the Chattogram region. Speaking on the occa...

Aug132025 by No Comments

11th International Yarn, Fabric & Accessories Sourcing show begins on 14th August 2025

Breaking News, Business

11th Bangladesh Yarn,Fabrics & Accessories Show 2025 will begin from 14th August 2025 at International Convention City Bashundhara. The four day International tradeshow will help country’s RMG sector to source their requirements of Yarn, Fabric & Garment Accessories from international suppliers showcasing at the show. The 11th edition of this show being organized by ASK Trade & Exhibitions Pvt Ltd will have participation from over 100 overseas companies along with Bangladesh companies showcasing their latest collection of Yarn, Fabrics & Accessories to the RMG Sector of our country. The event is targeted at the garment manufacturers & exporters, buying houses and fabric importers enabling them to source from overseas suppliers closer to their doorsteps. Fabric sou...

Aug112025 by No Comments

National Bank and Mastercard Jointly Honor Top Card Users

Breaking News, Business

National Bank PLC and Mastercard Bangladesh jointly organized an event to honor the top credit card users of the “Mastercard Holiday Campaign 2025” on 10 August 2025. The ceremony was held at the bank’s head office, with Mr. Abdul Awal Mintoo, Chairman of National Bank PLC, attending as the Chief Guest, and Mr. Adil Chowdhury, Managing Director of the bank, presiding over the program. At the event, top credit card users were presented with awards and certificates of appreciation. The award recipients shared their experiences and expressed gratitude for such initiatives. In his speech, Chief Guest Mr. Abdul Awal Mintoo said, “The relationship between a bank and its customers is not limited to financial transactions; it is a bond built on trust, responsibility, and mutual respect. Today’s ...

Aug92025 by No Comments

Panasonic Launches Value Series Mixer Grinders in Bangladesh

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Panasonic, a leader in innovative kitchen appliances, Recently launched its new Value Series Mixer Grinders in the Bangladesh market. This launch marks the brand’s third mixer grinder range in the country, following the success of the AC Series and AV Series. With the Value Series, Panasonic aims to tap into the rapidly growing entry-level segment by offering high performance, safety, and quality—positioning the product as a true “value for money” solution for everyday kitchen needs. The Value Series Mixer Grinder line-up is designed for price-conscious consumers who do not want to compromise on durability and functionality. With this launch, Panasonic continues to strengthen its commitment to making its trusted kitchen technologies accessible to a wider audience. Historically positione...

Aug92025 by No Comments

BRAC Bank wins record 6 awards at Visa Leadership Conclave 2025

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BRAC Bank has achieved an exceptional milestone by winning a record six prestigious awards at the Visa Leadership Conclave 2025. The recognition highlights the bank’s outstanding performance across card issuing, acquiring, and value-added service categories. The bank has secured awards in Excellence in Visa Cross-Border Debit, Excellence in Product Innovation – Cross-Border Medical Debit Card, Excellence in Value Proposition in an Affluent Card, Excellence in Visa E-commerce Business (Issuing), Excellence in Visa POS Acquiring Business and Excellence in Visa E-commerce Acquiring Business. With these six awards, BRAC Bank emerged as the most awarded institution of this year’s conclave, reinforcing its leadership in digital payments, innovation, and cross-border transaction capabili...