‘Board of directors, CEOs play significant roles in banks’

BB Governor Abdur Rouf Talukder says at the 21st Nurul Matin Memorial Lecture on Ethics in Banking
11 March 2023, 16:02 PM

Forex reserves fall to $31.15 billion

Bangladesh Bank cleared $1.05 billion ACU payment on March 6
9 March 2023, 15:10 PM

Brac Bank to recruit 500 female sales officials to serve women entrepreneurs

Brac Bank has set this unique example on the eve of International Women's Day by appointing an all-women sales team.
8 March 2023, 11:45 AM

Sick industries to get loans at banks’ cost of fund

Sick industries have to apply to respective banks by June 30 to get the benefit
6 March 2023, 16:15 PM

Banks get nod to complete procedures to add PLC suffix

A PLC is a public company and is the equivalent of a US publicly traded company that carries the Inc. or corporation designation
22 February 2023, 10:56 AM

Default loans rises nearly 17%

Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore
19 February 2023, 11:29 AM

President-elect Shahabuddin resigns from Islami Bank’s board

Shahabuddin was made IBBL director in June 2017 after the change of ownership of the bank
13 February 2023, 15:00 PM

Deutsche Bank opens representative office in Dhaka

The leading global bank joins over 70 other German companies already present in Bangladesh
9 February 2023, 12:50 PM

Banking diploma made mandatory for bankers' promotion

Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above
8 February 2023, 11:45 AM

New window to be introduced for Islamic banks’ liquidity support

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.
5 February 2023, 15:53 PM

Service exporters to get forex retention quota facility

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.
5 February 2023, 10:26 AM

Standard Bank gets new MD

Standard Bank has recently appointed a new managing director (MD) and chief executive officer. 
4 February 2023, 18:00 PM

Bangladesh Bank sells US dollar at Tk 101 for first time

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.
2 February 2023, 13:23 PM

IMF releases $476.27 million as first loan instalment for Bangladesh

The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.
2 February 2023, 13:01 PM

Belal Ahmed, now SIBL’s acting chairman

Social Islami Bank Ltd (SIBL) today appointed Belal Ahmed as acting chairman for its board of directors after Md Mahbub Ul Alam resigned from the post on January 26.
31 January 2023, 14:09 PM

SIBL’s chairman, AMD resign

Social Islami Bank’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned from their respective posts last week.
30 January 2023, 14:07 PM

‘Local conglomerates lost Tk 65,000cr for dollar price hike’

Bangladeshi conglomerates counted Tk 65,000 crore in losses in the last one year because of the fall of the local currency against the US dollar, which made loans costlier amid global economic volatility, a noted economist said today.
29 January 2023, 13:48 PM

‘Reform banking sector to be a middle-income country by 2031’

The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.
29 January 2023, 11:06 AM

Buro Bangladesh to issue Tk 150 crore bond

Leading non-governmental organisation Buro Bangladesh is going to raise funds of Tk 150 crore by issuing zero coupon bond.
25 January 2023, 16:04 PM

Trust Islami Life’s Tk 16 crore IPO gets nod

The Bangladesh Securities and Exchange Commission today approved the initial public offering of Trust Islami Life Insurance to raise funds of Tk 16 crore.
25 January 2023, 15:50 PM