Dutch-Bangla Bank’s profit drops 23% in Apr-Jun

Its EPS hit Tk 1.54, down from Tk 2.02 in same period last year
27 July 2023, 13:26 PM

AB Bank posts 4% jump in profits

Its EPS rose to Tk 0.43 in 2023's H1 from Tk 0.41 in 2022's H1
25 July 2023, 13:02 PM

NRB Commercial Bank's losses widened in Q2

It hit Tk 0.51 in the negative from Tk 0.065 in the negative in 2022's Q2
25 July 2023, 12:47 PM

Uttara Bank’s profit falls 18%

Its EPS hit Tk 1.64 in 2023's H1, down from Tk 2 in 2022's H1
25 July 2023, 12:18 PM

Crystal Insurance to invest Tk 12.5 crore for digital bank

The company is yet to finalise the name of the bank
20 July 2023, 12:48 PM

Trust Bank's profit jumps 52% in Apr-Jun

It made a profit of Tk 110.6 crore in the quarter
16 July 2023, 14:32 PM

Credit Suisse inquiry will keep files secret for 50 years

A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of secrecy that has triggered concern among Swiss historians.
16 July 2023, 05:43 AM

Banks can now reschedule default loans of cold storages

The loans can be repaid in 10 years with one-year of grace period
13 July 2023, 15:22 PM

Which banks have lowest non-performing loans in Bangladesh?

13 have NPL below 3%, much lower than the sectoral ratio of 8%
10 July 2023, 15:33 PM

Three corporates sell off entire shareholding at Islami Bank

Armada Spinning Mills Ltd, Kingsway Endeavors Ltd and Uniglobe Business Resources Ltd sold their 9.07% stakes in the bank
10 July 2023, 13:09 PM

Forex reserve falls below $30b again

Under the ACU, Bangladesh clears import bills every two months and forex reserve usually falls after the payment.
6 July 2023, 14:59 PM

ICB approves Tk 20cr loan for Prime Bank Investment

The Investment Corporation of Bangladesh (ICB) has sanctioned a loan of Tk 20 crore in favour of Prime Bank Investment Limited (PBIL) from the “special fund for affected small investors of capital market” on a repayment basis.
6 July 2023, 12:52 PM

Reserves surpass $31 billion

It hits $31.15 billion today
26 June 2023, 14:32 PM
25 June 2023, 14:00 PM

Bangladesh Bank invites applications for digital bank licence

The Bangladesh Bank has invited applications from entrepreneurs interested in establishing digital banks and delivering financial products efficiently through branchless operation
23 June 2023, 14:29 PM

Bank directors can stay on for 12 years

The Bank Company (Amendment) Bill 2023 was passed in the parliament yesterday amid a huge outcry and a walkout by the main opposition party, Jatiya Party due to a last-minute contentious addition
21 June 2023, 16:43 PM

BB eases rules for foreign investors

As per the new measure, foreign investors who are remitting money from abroad will get the scope to retain forex in their foreign currency accounts at local banks for up to one year after registering their businesses here
21 June 2023, 16:03 PM

BB relaxes loan repayment for businesses

Borrowers can repay 50% of demand loans payable for Apr-Jun
21 June 2023, 15:00 PM

Banks to remain open in industrial areas for RMG salaries

The areas are: Dhaka, Ashulia, Tongi, Gazipur, Savar, Bhaluka, Narayanganj, Chattogram
21 June 2023, 10:55 AM

LC margin eased for importers serving SMEs

Bangladesh Bank today relaxed rules regarding financing availed by commercial importers to cater to cottage, micro, small and medium enterprises (SMEs)
20 June 2023, 16:28 PM