AKM Zamir Uddin

Prime Bank is bringing major changes to its business model for wholesale, retail and SME banking in order to diversify its operations

Rajshahi Krishi Unnayan Bank (Rakub) has sought compensation of Tk 224 crore from the government for incurring losses from

Capital machinery imports continue to soar amid concerns of money laundering by way of over- and under-invoicing centring on the

Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers.

When some local banks are struggling to survive amid rising loan irregularities and deteriorating governance, City Bank stands tall

In an unprecedented move, directors of private commercial banks are now seeking protection from the government against what they say is negative reporting on the banking sector.

Four state-owned commercial banks and the Investment Corporation of Bangladesh will inject Tk 715 crore into fresh equity in the

Private banks' net profits slid for the first time in four years in 2017, dragged down by their ballooning non-performing loans.

Nine banks, which include eight state banks and the trouble-hit Farmers Bank, have failed to meet the minimum regulatory capital needs, in a worrying development for the government.

Bangladesh's current account deficit reached a 15-year high of $5.34 billion in the first seven months of the fiscal year as the country's capacity to export is failing to keep up with the appetite for imports.

Bangladesh Bank has unearthed another string of scams at the Farmers Bank involving loans of around Tk 500 crore that were sanctioned to 11 companies in violation of banking norms and procedures. Of the amount, loans of more than Tk 367 crore that the bank's Motijheel branch gave to 10 of the companies from November 2013 to November last year have become defaulted. Some of the firms are either obscure or little-known.

A number of Farmers Bank depositors have filed complaints with the Bangladesh Bank after the scam-hit bank failed to repay them Tk 852 crore of deposits citing a liquidity crunch.

Bangladesh is moving one step closer to being a cashless society after the central bank gave the go-ahead to a

Bangladesh Bank has asked Sonali Bank to bring down the curtain on its loss-making exchange house in the US,

Banks' default loans surged 19.51 percent in 2017, as the Bangladesh Bank's efforts to rein in bad loans are going to vain.

ICB Islamic Bank has sought restructuring of the repayment package for depositors of its predecessor Oriental Bank

Kuliarchar Sea Foods, a Cox's Bazar-based fish exporter, withdrew about Tk 19 crore in cash incentives from Mercantile Bank last year, violating government rules.

Bangladesh Bank is set to introduce the electronic Know Your Customer (e-KYC) system under which bank accounts

Trade deficit almost doubled to $8.62 billion in the first half of the fiscal year as fears of depreciation of the taka and pressure on

Bangladesh Bank is set to upgrade the Bangladesh Automated Clearing House (BACH) in a bid to help businesspeople settle their local