Central bank should come forward to support Bangabazar victims: DCCI

DCCI President Md Sameer Sattar made the pleas to the central bank today
9 April 2023, 12:04 PM

BB resets loan ceilings of export development fund

Established in 1989, the EDF facilitates access to financing in foreign exchange for input procurements by manufacturer-exporters.
9 April 2023, 11:12 AM

Brac Bank launches remittance application FXPAY

FXPAY is a 360-degree commercial remittance system
8 April 2023, 12:05 PM

Exclusive: German banks hit by wave of complaints from savers

Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector.
6 April 2023, 06:44 AM

Glitch at national payment switch resolved: Bangladesh Bank

The technical glitch was resolved at 7pm
5 April 2023, 13:23 PM

Another Islami Bank top official resigns

A DMD resigns a week after similar departure of another additional managing director
5 April 2023, 12:59 PM

Technical glitch halts interbank ATM transactions

People can now only withdraw funds through their own bank’s ATMs
5 April 2023, 11:13 AM

Rokia Afzal Rahman was a visionary business leader: MCCI chief

The foresightedness of Rokia Afzal Rahman was unparallel
5 April 2023, 09:54 AM

BMSL’s mutual fund gets go-ahead

The fund’s primary collection target is Tk 25 crore
3 April 2023, 14:38 PM

Banks asked not to hold iftar party on large scale

The Bangladesh Bank has asked banks not to arrange iftar parties on a large scale this Ramadan in order to avoid excessive expenditures.
3 April 2023, 09:19 AM

Farmers should get easy agriculture loans: Razzaque

AB Bank disburses Tk 1 lakh each as loan to 1,500 farmers in Madhupur, Dhanbari
2 April 2023, 15:35 PM

Depositors can only open online account in post office from July

Savers will not be able to open accounts at post offices manually from the first day of July this year, the Internal Resources Division (IRD) said in a notification.
1 April 2023, 11:24 AM

Bankers to pay exporters Tk 105 for every US dollar

From the beginning of March, bankers have been paying Tk 104 for a dollar to exporters.
30 March 2023, 16:22 PM

IFIC Bank shortens name, assumes PLC suffix

The change came into effect yesterday.
29 March 2023, 11:36 AM

Who have highest/lowest bank deposits in Bangladesh?

Dhaka division’s 4.19 crore people in 13 districts have stored in banks a total of Tk 9.79 lakh crore, around 85 per cent of which, or Tk 8.32 lakh crore, belong to the people living inside Dhaka district alone.
28 March 2023, 15:46 PM

No minimum deposit for micro-merchant accountholders now

Small merchants who have personal retail accounts will not have to maintain any minimum deposit and face any account maintenance fee, according to a central bank notice.
20 March 2023, 06:56 AM

Banks to pay 4% penal interest for unpaid EDF loans

Currently, the volume of the EDF is $6 billion and the interest rate on EDF loans is 4.5%
19 March 2023, 12:02 PM

Bangladesh Bank buys Islami Bank’s land for Tk 110 crore

The Bangladesh Bank has bought 72.8 decimals of land from Islami Bank Bangladesh Ltd (IBBL) in the capital for Tk 110 crore.
16 March 2023, 16:19 PM

Banks open 9:30am to 4pm in Ramadan

Banks in Bangladesh will remain open from 9:30am to 4:00pm on every working day during Ramadan, which may begin next week based on the sighting of the moon. 
15 March 2023, 14:16 PM

UCB Asset to launch stable income open-ended fund

The fund offers several unique features designed to benefit retail savers
12 March 2023, 15:09 PM