Federal Bank: Complete Guide to Products, Deposits, Retail Banking, Loans (Step-by-Step), Forex & Trade (“FEX”) Business Products, FAQs, MCQs, and Short Notes Federal Bank is a well-established Indian private sector bank that has built a strong reputation for combining traditional banking strength (branches, relationship banking, deposits, loans) with digital-first convenience […]
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IDBI Bank: Complete Guide to Products, Deposit Schemes, Retail Banking, Loans (Step-by-Step), Foreign Exchange & Trade (“FEX”) Business Products, FAQs, MCQs, and Short Notes IDBI Bank (Industrial Development Bank of India) is a well-known Indian bank serving retail customers, MSMEs, corporates, agricultural clients, and NRI customers through a mix of […]
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Top International Banks for Global Financial Services in 2026
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Sammilito Islami Bank PLC Sammilito Islami Bank PLC has officially started its operations after merging five Islamic banks into one new bank. These banks are First Security Islami Bank, Global Islami Bank, Social Islami Bank, Exim Bank, and Union Bank. Former secretary Mohammad Ayub Miah has become the chairman of […]
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Import Business of Islamic Bank Import Business : All Islamic bank of Bangladesh runs their import business is mainly divided into the following three categories: i) Import of Commercial goods. ii) Import of raw materials for production purpose. iii) Import of capital / machineries. The importers avail of investment facilities […]
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Advantages Of Mobile Banking Mobile banking Mobile banking is a system for the customer to act upon banking procedures on his or her cell phone or other mobile appliance. It is a popular technique of banking that fits in well with a busy, technologically oriented lifestyle. It might also be […]
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Basic Principles of Bank Business Bank runs its business by taking the money of others so it is a risky business organization. Avoiding all risk to establish strong, dependable and skilled banking business otherwise, the economic developments will be hampered of the country. To set up a strong and dependable […]
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7 Steps to Open a Bank Account: A Complete Beginner’s Guide Opening a bank account is one of the most important financial steps in modern life. Whether you are a student, job holder, business owner, freelancer, or someone opening an account for the first time, a bank account helps you […]
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Bank Mergers in Bangladesh: Causes, Process, and Economic Impact A bank merger occurs when two or more banks combine to form a single, stronger financial institution. The main goal of a merger is to improve efficiency, reduce operational costs, and enhance competitiveness in the banking industry. In Bangladesh, the concept […]
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Swift code of Sonali Bank PLC Sonali Bank PLC has various branches, and many of the larger or specialized branches may have their own unique, 11-character SWIFT codes (e.g., BSONBDDHWEB, BSONBDDHCNT, BSONBDDHFEB). BSONBDDH (or BSONBDDHXXX) is the Head Office code and is generally the safe choice if you are unsure […]
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Foreign Remittance Definition: Remittance represents transfer of fund from one place to another through official channel. Foreign Remittance: Foreign Remittance refers remittance of Foreign currency that are received in and made out abroad. Foreign Remittance also includes purchase and sale of freely convertible foreign bills and currencies. Types: Foreign Inward […]
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Online Banking overview Internet banking (or online banking) is a rapidly growing sector in Bangladesh, with many commercial banks offering robust digital platforms to their customers. It provides a convenient way to manage finances 24/7 without needing to visit a physical branch. Here is a summary of the services, key […]
Read moreFeatures of Money Laundering Money laundering means billions of pounds and dollars a year are laundered through our financial systems. The methods used to launder money are similar whether it’s for white-collar crimes such as tax evasion, people/drug trafficking, or proceeds from fraud and internet scams. Anti Money Laundering Anti-Money […]
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Know your customer KYC Policy: 1) Customer Acceptance 2) Customer Identification 3) Monitoring of Transactions 4) Risk Management Definition of a Customer: (i) A person or entity (a) Maintaining an account with the Bank, or (b) Has a business relationship with the Bank (including borrowers/guarantors of loans, Demat account […]
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The Concept of Bank Merger: Steps, Examples, and Implications What is a bank merger? A bank merger is a corporate transaction in which two or more banks combine to form a single banking entity. The combination may take the form of one bank acquiring another (an acquisition), two banks joining […]
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