Dhaka Bank’s 2023 profit up 4% Dhaka Bank registered a 4 percent year-on-year growth in profit to Tk 173 crore in 2023. The private lender made a profit of around Tk 166 crore in 2022, according to a press release of the bank. Thus, Dhaka Bank reported consolidated earnings per
Read More29 companies to get Green Factory Award-2023 The government will present a “Green Factory Award-2023” to 29 companies from 12 sectors today recognising their role in enhancing productivity through the use of skilled workforce and eco-friendly technology in safe environments. The sectors are woven, knitwear, leather (finished goods and tannery),
Read MoreSurge in import LC openings, settlements in March amid dollar liquidity boost The opening and settlement of import Letters of Credit (LCs) in March saw a notable increase compared to February. Bankers attributed this rise to an improvement in the dollar liquidity situation within the banking sector. According to central
Read MoreDeposits safe in banks being merged: according to Bangladesh Bank Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, according to Bangladesh Bank. The assurance came about amidst the depositors rushing to the bank branches to withdraw their
Read MoreBSK Bangladesh to invest $6.14 million in Cumilla EPZ BSK Bangladesh Ltd, a Netherlands-Bangladesh joint venture company is going to set up a bag manufacturing industry in Cumilla EPZ. They will invest $6.14 million to produce 3 million pcs of handbags, backpacks, travel bags, wallets and trolley bags, reads a
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