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Credit Card Review: LankaBangla Credit Cards
LankaBangla is one of the oldest financial institutions in the country that started its journey back in 1997. Presently only a few NBFI is providing credit card services to its customers. As per our view, it is the most successful credit card service provider among the NBFIs . A LankaBangla credit cardholder can avail almost every benefit of a credit card. However, presently LangkaBangla is only providing local card services. So, if you are looking for a card for dual currency it is not for you. Types of LankaBangla Card According to their…
Banks See Higher H1'21 Operating Profit Despite Pandemic
Lenders were able to make a compelling profit through investments in the capital market during the first half of the current year Despite the disruptions caused by the ongoing Covid-19 pandemic, Bangladeshi banks have seen a rise in operating profits within the first six months of this year. There are currently 60 banks in Bangladesh. According to the data of twenty banks, lenders were able to make a compelling profit through investments in the capital market during the first half of the current year. The banks had also received adequate fe…
Job Circular: Recruitment at IFIC Bank Ltd. for the post of Transaction Service Officer
IFIC is the country's 1st public-private partnership bank. The bank is a unique embodiment of reality, stability, and the highest level of professionalism in the financial sector. Through a continuous innovative process, since 1976, we built the best-in-class platform of people, process, technology, products and service proposition. We are ready to become one of the largest and most distinguished banks, both nationally and internationally. We are a meritocracy-based equal opportunity employer, provider of well-rounded training, and creato…
E-commerce Merchants to Get Paid After Confirming Product Delivery
The Bangladesh Bank gave payment instructions through a circular on Wednesday introducing a provision of penalty for digital commerce merchants for providing wrong information about product delivery. The circular will come into effect immediately. According to the circular, payment gateways -- banks, mobile financial service providers, payment service providers and payment system operators -- will release customer money after being confirmed of the product delivery. If any merchant is found to have provided false information to the payment …
Ron Sikder loses National Bank directorship over loan defaults
Ron Haque Sikder, who was a director at the National Bank, lost his directorship post due to his loan defaulter status. The development came as the Bangladesh Bank on Sunday refused to extend his directorship due to not having a CIB (Credit Information Bureau) clearance. Two directors of National Bank applied to Bangladesh Bank for extension of directorship. Of them, Ron was found to be a defaulter, said Md Serajul Islam, executive director and spokeperson of the central bank. So, his directorship was not renewed, he added. However, another di…
