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99th Prize Bond Draw Result
To mobilize the domestic resources Bangladesh government introduced the "Prize Bond" in 1974. It is a public savings scheme which is bearer in nature. On behalf of the Bangladesh Government, Bangladesh Bank manages the entire management. Prize bonds do not provide any interest to the bearer, rather it has a regular schedule of the prize draw. Bangladesh Bank declared it's 99th draw on 4th June 2020. Prizes of Prize Bond 1st Prize: Tk. 6 Lac for each series 2nd Prize: Tk. 6 Lac & 25 Thousand for each series 3rd …
Deposit Rates at Mercantile Bank Ltd.
Mercantile Bank Ltd. is a third-generation bank that started its journey on 2nd June 1999. With the corporate slogan " Banglar Bank" it's literally working for the whole of Bangladesh rather than focusing on a specific group. Presently it has 148 branches actively working toward providing customer-oriented services. The bank is offering different types of deposit products. Savings Deposit Rate Savings 2.50% (for general) (for any amount) Fixed Deposit Rate …
EBL Introduced First e-KYC Account in Bangladesh
Eastern Bank Ltd (EBL) introduced the country's first internet-based instant account opening solution "EBL INSTA Account." The bank launched the solution on Sunday inline with Bangladesh Bank's electronic Know Your Customer (e-KYC) guideline to help customers and employees maintain maximum possible social distancing amid the Covid-19 pandemic said a press release. It is the electronic copy of the physical form of the bank. A customer needs to fill up only the electronic form and it is not required to fill up the physi…
Banking Hours Reversed to Normal Timing From Sunday
Bangladesh Bank has instructed the banks to shift back to normal business hours from 10am to 4pm from Sunday following two months of exchanges for constrained hours due to the COVID-19 epidemic. The banks in moderate-and high-risk zones will continue conducting transactions for restricted hours – from 10am to 2:30pm, the central bank said in a order on Thursday. Direction on social distancing and other health safety rules will continue as previous. The banks should report endeavors to ensure the rules. Bangladesh Bank said …
Routing Numbers & SWIFT Codes of AB Bank Ltd.
Arab Bangladesh Bank Ltd. presently renamed as AB Bank Ltd. Established in 1981 AB Bank Ltd. is the first private commercial bank of Bangladesh. The bank is proving almost every services that a commercial bank provides. Presently it has 104 branches providing banking services all over the country. Agrabad Branch BCIC Sadan, 26, Agrabad C/A, Chattogram. Telephone: +88-031-713381 e-mail: agrmg@abbl.com Routing No. 020150130 SWIFT Code: ABBLBDDH101 Kakrail Branch 81, VIP Road,Kakrail, Dhaka 1000 Telephone: +88-02-9339036 e-ma…
