DCCI for major reforms to arbitration, bankruptcy, company acts

The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors. 
25 January 2023, 12:12 PM

bKash becomes ‘Employer of Choice’ for third year in a row

Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.
23 January 2023, 15:56 PM

National Bank asked not to disburse loans over Tk 10 crore

The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain. 
23 January 2023, 12:46 PM

Reaching financial inclusion goal to take 200 years at current pace

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today. 
21 January 2023, 12:51 PM

60% sub-branches of banks must be outside city corporations, top-tier municipalities

At least 60 per cent of sub-branches will have to be in areas located outside city corporations and top-tier municipalities, according to a Bangladesh Bank notice today. 
19 January 2023, 11:01 AM

Pilot kicks off for digital payment with QR code

The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.
17 January 2023, 16:13 PM

More budget support, easy loans sought from AIIB

Finance Minister AHM Mustafa Kamal today requested China-led Asian Infrastructure Investment Bank (AIIB) to extend more budget support and ease loan conditions the way the World Bank has done for Bangladesh.
17 January 2023, 15:13 PM

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 14:59 PM

Dhaka Bank gets two new DMDs

Dhaka Bank recently promoted Akhlaqur Rahman and Sheikh Abdul Bakir to the post of deputy managing directors.
9 January 2023, 18:00 PM

Sonali Bank introduces new digital services

Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.
9 January 2023, 18:00 PM

Pubali Bank, BB sign deal on refinance loan

Pubali Bank Limited and the Bangladesh Bank signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country.
8 January 2023, 18:00 PM

Quick steps needed to ensure good governance in banks

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.
7 January 2023, 18:00 PM

Rakub gets new DMD

Kazi Abdur Rahman joined Rajshahi Krishi Unnayan Bank (Rakub) in the post of deputy managing director (DMD) recently.
3 January 2023, 02:20 AM

NCC Bank inks deal with Millennium Information

NCC Bank recently signed an agreement with Millennium Information Solution for the supply and implementation of “NCC Islamic Banking Solutions” software. 
2 January 2023, 18:00 PM

Islami Bank to issue Tk 800cr bonds

Islami Bank Bangladesh Ltd has received consent from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 800 crore by issuing subordinated bonds.   
1 January 2023, 18:00 PM

Standard Bank gets new vice-chairman

Kazi Khurram Ahmed has been elected vice-chairman of Standard Bank at a meeting of the board of directors recently. 
1 January 2023, 18:00 PM

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
29 December 2022, 14:52 PM

SIBL gets nod for Tk 600cr bond

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.
27 December 2022, 18:00 PM

Grameen Bank to invest in mutual fund

The Bangladesh Securities and Exchange Commission (BSEC) has approved an open-ended mutual fund named Grameen Bank AIMS First Unit Fund.
27 December 2022, 14:29 PM

Tk 50 commemorative note for metro rail launch

Bangladesh Bank has printed a commemorative note of Tk 50, marking the launch of the country’s first metro rail tomorrow, the central bank said today.
27 December 2022, 13:34 PM