Business Archives - Page 51 of 100

Nov202024 by No Comments

BASIS Signs MoU with Mutual Trust Bank

BASIS signed a Memorandum of Understanding (MoU) with Mutual Trust Bank PLC on November 17, 2024, at their Head Office in Gulshan to introduce exclusive collateral-free loan facilities for BASIS members. This partnership empowers members with easy access to vital financial resources, accelerating their entrepreneurial journeys and fostering growth in the ICT sector. The MoU offers simplified financing solutions, removing the need for collateral, while promoting innovation, long-term business growth, and economic contributions from BASIS members. This collaboration introduces exclusive, collateral-free loan options, granting members seamless access to crucial financial resources. As a result, it accelerates their entrepreneurial endeavors and encourages development within the ICT sector....

Nov192024 by No Comments

BRAC Bank branches achieve Tk 10,000 crore deposit growth in 10 months

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BRAC Bank's Branch Network has achieved a tremendous feat by making a net deposit growth of Tk 10,000 crore taka within the first 10 months of 2024, from January to October. This impressive growth comes despite a challenging economic environment, showcasing the bank’s strong market presence and customer trust. To celebrate this achievement, a special "10 on 10" event was held on November 17, 2024, at the BRAC Bank Head Office in Dhaka. The event was graced by Selim R. F. Hussain, Managing Director & CEO, and Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network, and other Senior Management Members of the Bank. The event was also attended by A. K. M. Tareq, Senior Zonal Head for North, and Taher Hasan Al Mamun, Senior Zonal Head for South, al...

Nov192024 by No Comments

Robi wins Silver at the 14th ICMAB Best Corporate Award Competition

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Robi Axiata PLC. has been recognized with the SILVER award in Telecommunication category at the 14th ICMAB Best Corporate Award Competition. This prestigious award competition was organized by the Institute of Cost and Management Accountants of Bangladesh (ICMAB). The award ceremony took place on 14th November at the Pan Pacific Sonargaon Hotel, Dhaka. This coveted corporate award yet again attests Robi’s continued strides in performance and excellence in corporate governance practices. Chief Guest of the award ceremony, Hon'ble Adviser to the Ministry of Finance, Commerce, Science & Technology, Dr. Salehuddin Ahmed handed over the award trophy to Robi's CFO, M. Riyaaz Rasheed. Robi’s Senior Director, Finance, Sanjib Kumar Ghosh and General Manager, Strategic Communications, Niaz...

Nov182024 by No Comments

POPI to enjoy employee banking benefits from BRAC Bank

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BRAC Bank has entered into a partnership with People’s Oriented Program Implementation (POPI), a non-government organization, to extend exclusive employee banking propositions. Under the partnership, POPI employees will enjoy a convenient and delightful banking experience, including access to salary accounts, multi-currency debit cards, credit cards, loan facilities, DPS, FD, and a wide range of other benefits and privileges offered through the BRAC Bank Employee Banking. The partnership agreement was signed at BRAC Bank’s Head Office on November 4, 2024, by Syed Abdul Momen, Deputy Managing Director & Head of SME Banking, BRAC Bank, and Murshed Alam Sarker, Executive Director, POPI. Samimah Tasnim, Director of Finance, and Md. Moshihur Rahman, Director of Microcredit, represe...

Nov172024 by No Comments

BRAC Bank wins four prestigious VISA awards

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BRAC Bank has won four prestigious Visa awards this year in recognition of its outstanding business in the cards issuing and acquiring and value-added services categories. The bank has secured awards at the VISA Leadership Conclave 2024, recognising its excellence in Consumer Debit Card, Commercial Debit Card, Merchant Acquiring POS, and Value-Added Services (VAS) categories. The conclave honoured various banks, mobile financial services (MFS) providers, and merchants who contributed to Bangladesh's digital payments ecosystem. Ashik Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority; Rafeza Akhter Kanta, Director of the Payment Systems Department of Bangladesh Bank; Sandeep Ghosh, Group Country Manager for India and South Asia; and Sabbir Ahmed, Visa'...

Nov172024 by No Comments

Robi Elites to avail Exclusive Discounts on Unilever Products

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Robi’s Elite customers can now enjoy discounts of up to 35% on Unilever products, following the signing of a Memorandum of Understanding (MoU) between Robi and Unilever. This special offer is available exclusively on UshopBD, Unilever's dedicated e-commerce platform. Customers can conveniently order a range of Unilever's personal care and household products from home through UshopBD,. The MoU signing ceremony was attended by Md. Shawkat Quader Chowdhury, Robi’s Head of Marketing; A.S.M. Faisal, General Manager (Loyalty Program); and Tasnia Afrin, Manager of Partnership Management. Representing UshopBD were Zakia Hossain, Lead of Emerging Business and Outdoor Advertising, and Safa A Nafi, E-commerce Executive.

Nov172024 by No Comments

PBIL Launches AI-Powered Chatbot ‘PrimeInvest’

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Prime Bank Investment Ltd. (PBIL), a leading merchant bank, is proud to announce the launch of PrimeInvest, an AI-powered digital assistant chatbot. This innovative tool is designed to transform client interactions in the investment banking sector in Bangladesh, marking a first in the industry. The launching ceremony had taken place at PBIL Head office, Banani recently. This initiative will result in a new era of client interaction - enhancing accessibility, convenience, and personalized support for investors and market participants. With PrimeInvest Chatbot, PBIL is setting a new standard in how clients engage with Bangladesh's growing capital market. Designed to offer 24/7 real-time assistance, the chatbot seamlessly answers queries and enhances the overall user experience. This launch...

Nov172024 by No Comments

Horlicks Brain Games Olympiad Grand Finale held with scholarship prize

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Horlicks Brain Games Olympiad, an event to empower students’ cognitive, problem solving and critical thinking skills, held its grand finale in Dhaka today. Champions of the Olympiad were rewarded with scholarship prizes worth BDT three lakh. The students got the opportunity to enhance practical knowledge and adaptability that goes beyond traditional academic teachings. The Horlicks Brain Games Olympiad was open to students in grades 6 to 8. The highly acclaimed event attracted over 22,000 participants nationwide. The participants were challengedwith competitive quizzes and brain games to enhance their cognitive skills. After an online preliminary round, regional rounds were held in Chattogram, Rangpur, Khulna, Dhaka, and Mymensingh. The top 1,000 students from each region competed fierc...

Nov162024 by No Comments

BRAC Bank partners with Transcom Group

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BRAC Bank PLC has formed a strategic partnership with Transcom Distribution Company Limited and Transcom Consumer Products Ltd., subsidiaries of the esteemed Transcom Group, to deliver comprehensive cash management services tailored to enhance their financial operations. This partnership enables Transcom companies to leverage BRAC Bank’s extensive transaction banking capabilities, including streamlined collection, payment, and reconciliation solutions. With access to BRAC Bank’s vast distribution network—comprising 187 branches, 59 sub-branches, and 1,115 Agent Banking Outlets across Bangladesh—Transcom can efficiently manage receivables beyond standard banking hours, including holidays. Additionally, Transcom companies will utilize CORPnet, BRAC Bank’s internet banking platform, for 24...

Nov132024 by No Comments

BRAC Bank conducts life-saving CPR and First Aid training for coworkers

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Reinforcing its commitment to a healthy workplace, BRAC Bank recently hosted an awareness training programme focused on life-saving cardiopulmonary resuscitation (CPR) and First Aid techniques for its coworkers. On October 30, 2024, a total of 50 Dhaka-based officials took part in the training. From now on, they will work as CPR and First Aid Ambassador in their respective office stations. The intensive training will gradually be arranged in offices across the country to create a pool of coworkers who can administer CPR and First Aid. The training, led by Dr. M. Hasan Andalib, Consultant of Accident & Emergency at Evercare Hospital Dhaka, covered vital areas such as CPR, wound care, and the management of common workplace injuries. A total of 50 Dhaka-based officials took part ...