AB Bank, Grameenphone in service exchange deal

AB Bank Limited and Grameenphone recently signed a memorandum of understanding (MoU) over providing digital services to each other.
31 January 2022, 18:00 PM

Private credit growth up for 7th straight month

Private sector credit growth in Bangladesh accelerated to 10.68 per cent in December rising for the seventh consecutive month as the economy rebounds from the coronavirus pandemic.
31 January 2022, 18:00 PM

6% of private bankers lost jobs during pandemic

A staggering 7,167 bankers lost jobs between April 2020 and September last year as private commercial banks desperately tried to cut operational costs amid a business slowdown brought on by the coronavirus pandemic.
31 January 2022, 18:00 PM

Freelancers to get 4pc incentive for software export

There is good news for about six lakh freelancers in the country as they now will get a 4 per cent incentive against export of software or IT-enabled services.
30 January 2022, 18:00 PM

Social media banking faces a setback

The Bangladesh Bank plans to bar banks from providing financial services through social media platforms as it poses data security risk, a move that may nip the initiative aimed at popularising digital banking in the bud.
29 January 2022, 18:00 PM

State banks’ recruitment tests postponed for coronavirus

The Bangladesh Bank has postponed state banks’ recruitment tests scheduled to start from February 1 due to the recent spread of the coronavirus pandemic.
27 January 2022, 14:40 PM

Syed Ershad Ahmed reelected as AmCham president

Syed Ershad Ahmed has been re-elected as the president of the American Chamber of Commerce in Bangladesh (AmCham) for 2021-22 tenure.
27 January 2022, 10:16 AM

Banks asked to prepare business continuity plan to keep operations unhurt

Banks and payment service providers have been asked to prepare business continuity plan (BCP) so that their operations remain unhurt during any future economic disasters like the ongoing pandemic.
26 January 2022, 13:55 PM

Eastern Bank to issue Tk 500 crore subordinated bond

Eastern Bank has decided to issue its third subordinated bond, worth up to Tk 500 crore for seven years, in a bid to enhance the company's capital base.
26 January 2022, 13:41 PM

BAB seeks more time to implement new salaries of entry-level bankers

The Bangladesh Association of Banks (BAB), an organisation of private bank sponsors, today requested the central bank to extend the deadline for implementation of its instructions that have fixed the salary of entry-level private bank officials.
26 January 2022, 10:01 AM

Union Bank to debut in stock market today

Union Bank is going to debut in the stock market today as the 33rd bank.
25 January 2022, 18:00 PM

Bankers can’t be fired for missing it: BB

Efficiently completing all tasks does not guarantee appreciation from managements as attaining deposit targets is solely prioritised by private banks, which is the case for at least one mid-level official.
25 January 2022, 18:00 PM

Govt e-transfer to individuals nearly triples

A new Bangladesh Bank platform has helped the government settle almost 100 per cent of its payments made to individuals electronically, giving a boost to the country’s financial inclusion efforts.
25 January 2022, 18:00 PM

BAB to sit with Bangladesh Bank for minimum salary of entry-level bankers

The Bangladesh Association of Banks (BAB), an organisation of directors of private banks, has decided to request the central bank to reconsider its latest decision on minimum salaries for entry-level bank officials.
25 January 2022, 15:29 PM

Union Bank to debut in stock market tomorrow

Union Bank is going to debut in the stock market tomorrow as the 33rd bank. 
25 January 2022, 13:19 PM

Banks asked not to fire employees who fail to fulfill deposit targets

The Bangladesh Bank today said no bank would be allowed to terminate any employee due to their failure to fulfill the target of deposit mobilisation set by the lender.
25 January 2022, 09:50 AM

ONE Bank, GD Assist sign agreement

ONE Bank Ltd (OBL) and GD Assist Ltd recently signed an agreement on arranging free life insurance facilities for the former’s clients in Dhaka. 
24 January 2022, 18:00 PM

Banks asked to run with 50pc staff

Bangladesh Bank yesterday asked banks to run operations with 50 per cent of their workforce until February 6 by introducing alternate-day duty rosters immediately in order to tackle the third wave of the coronavirus pandemic.
24 January 2022, 18:00 PM

Commemorative coin to celebrate Bangladesh-Japan relations

The Bangladesh Bank and the Japan Mint have jointly minted a silver coin to commemorate the 50th anniversary of the diplomatic relationship between Bangladesh and Japan.
24 January 2022, 14:36 PM

BFIU seeks bank account details of Muhammad Yunus

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to provide detailed information of accounts and transactions of Nobel Laureate Muhammad Yunus for the last two years.
24 January 2022, 10:11 AM