The Dhaka Stock Exchange (DSE) broke a four-day rising streak today when its turnover also experienced a drop.

The exchange rate of dollar needs to be freed to make the garment business profitable at this crisis time, said a top leader of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today.

Banks in Bangladesh today decided to withdraw service charge on remittances sent home by expatriate Bangladeshis with a view to gearing up the inflow.

Bangladesh Bank today announced a new office timing for bankers and banking hours for service seekers beginning from November 15.

Standard Chartered Bangladesh and the Institute of Business Administration (IBA) have recently announced the launch of the Standard Chartered-IBA Innovation Challenge.

Bangladesh Bank has relaxed the age limit for job-seekers in the banking sector due to the impacts of the coronavirus pandemic on the recruitment process.

The Bangladesh Securities and Exchange Commission today revoked for a second time an order which had stipulated that investors could buy shares only against funds already present in beneficiary owners’ accounts.

Do we know which were the top remittance receiving banks in Bangladesh for the month?

Remittance declined further in October, intensifying the pressure on the government to manage its macroeconomy amid plummeting foreign exchange reserves.

The City Bank Ltd made a Tk 330.55 crore consolidated profit after tax in the January to September period of 2022. 

Mutual Trust Bank logged a profit of Tk 223 crore in the January-September period of 2022. 

Standard Chartered Bangladesh and Friendship, which terms itself a social purpose organisation, recently signed an agreement to run a project for 750 residents of Ghughumari Char, a remote island in Kurigram. 

Brac Bank took part in a “Remitters’ Festival-2022” at Expo Centre Sharjah in the UAE recently which was aimed at encouraging expatriates to send their hard-earned money home through legal channels, especially banking channels. 

Dhaka Bank has announced winning a “2022 US Dollar Clearing Quality Recognition Award” from JP Morgan recently, saying it was for “consistent and quality performance of the bank’s funds transfer operation management in SWIFT MT202 payments”. 

The profit of Runner Automobiles fell 11 per cent year-on-year to Tk 27 crore in 2021-22 financial year.

Bangladesh Bank today asked banks to clear the import bills in time or they will lose licences for authorised dealer (AD) branches, which are dedicated to do foreign exchange businesses.

The City Bank Ltd reported a 10.60 per cent year-on-year increase in profit at Tk 112.85 crore in the July-September quarter of 2022.  

Uttara Bank Limited’s profit fell 26 per cent year-on-year to Tk 45.70 crore in the July-September quarter of 2022.  

The stock market regulator has formed an investigation committee to find the reasons behind the technical glitch that kept trading at the Dhaka Stock Exchange (DSE) halted for around three hours today.

Prime Bank Ltd has decided to issue an unsecured, non-convertible and redeemable subordinated bond of Tk 600 crore for seven years to enhance its capital base.