Standard Bank holds annual risk conference

Standard Bank Ltd recently held the day-long Annual Risk Conference-2021 through a virtual platform.  Md. Anwarul Islam, general manager of the Department of Offsite Supervision (DOS) at Bangladesh Bank, inaugurated the conference as chief guest. 
11 December 2021, 18:00 PM

NRBC Bank wins South Asian Business Excellence Award

NRBC Bank has won the South Asian Business Excellence Award-2021 at an event in Colombo, Sri Lanka.
11 December 2021, 18:00 PM

Up to Tk 5,000 allowance for state banks' staff in haor, char areas

Officers and employees of the state-owned commercial banks in haor, island and char areas will get an allowance between Tk 1,650 and Tk 5,000.
9 December 2021, 14:18 PM

HSBC structures gender equality indexed loan for DBL Group

The HSBC in Bangladesh has structured the country’s first ever sustainability linked loan targeting the fifth sustainable development goal of gender equality, for DBL Group, one of the largest knit garment manufacturers and exporters of Bangladesh.
8 December 2021, 10:26 AM

Loan write-offs decline as banks lose strength

Loans written off by banks in Bangladesh nosedived as lenders’ ability to keep 100 per cent provisioning against delinquent assets has squeezed amid business slowdown caused by the coronavirus pandemic.
6 December 2021, 18:00 PM

Selim RF Hussain to lead Brac Bank for 5 more years

Selim RF Hussain, current managing director and chief executive officer of Brac Bank, has had his contract extended by around five more years till March 2026.
5 December 2021, 15:46 PM

Islamic banking now at all City Bank branches

City Bank, one of the oldest banks in Bangladesh, yesterday rolled out its Islamic banking service in all branches and sub-branches throughout the country.
4 December 2021, 18:00 PM

Poor recovery from default loans new headache for banks

The recovery from default loans has failed to keep pace with escalating delinquent assets in Bangladesh, hitting banks’ income and cash flow.
4 December 2021, 18:00 PM

The Dependables wins Unilever’s ‘BizMaestros 2021’ title

Team ‘The Dependables’ clinched the national championship final of ‘BizMaestros 2021’ beating Team ‘Leftover Pizza’ at Radisson Blu Dhaka Water Garden, Dhaka recently.
1 December 2021, 17:50 PM

HSBC voted ‘market leader’, ‘best service’ in Bangladesh by Euromoney

HSBC has been voted “market leader” and the “best service” in Bangladesh in the Euromoney Cash Management Survey 2021.
30 November 2021, 18:00 PM

Premier Bank’s perpetual bond gets nod

The Bangladesh Securities and Exchange Commission (BSEC) yesterday approved a perpetual bond and a mutual fund.
30 November 2021, 18:00 PM

BB decides not to mop up funds

Bangladesh Bank yesterday decided not to mop up any money from the market as a part of its efforts to ease the ongoing liquidity crunch in the banking sector.
30 November 2021, 18:00 PM

Bank Asia wins ‘Excellence in Mastercard Remittance Innovation 2020-21’ award

Bank Asia has won the ‘Excellence in Mastercard Remittance Innovation 2020-21’ Award at the “Mastercard Excellence Award 2021” event held in Dhaka recently.
30 November 2021, 15:11 PM

StanChart wins 3 accolades at Mastercard Excellence Award 2021 event

Standard Chartered Bangladesh has won three awards at the “Mastercard Excellence Award 2021” event in Dhaka recently.
30 November 2021, 14:03 PM

Md Masud Biswas, new head of BFIU

Bangladesh Bank Executive Director Md Masud Biswas has been appointed as the head of the Bangladesh Financial Intelligence Unit (BFIU) in status of deputy governor on a contractual basis.
30 November 2021, 13:48 PM

11 banks weighed down by Tk 27,918cr capital shortfall

Eleven banks faced a capital shortfall of Tk 27,918 crore in September, which exposed their fragile health.
28 November 2021, 18:00 PM

LankaBangla Finance gets $21m foreign loans

LankaBangla Finance has recently received $21 million in foreign currency loans from two companies with prior approval from Bangladesh Bank. 
27 November 2021, 18:00 PM

Prime Bank wins bronze at Efma-Accenture Banking Innovation Awards 2021

Prime Bank has won a bronze at an Efma-Accenture Banking Innovation Awards 2021 in an analytics and artificial intelligence category.  
27 November 2021, 18:00 PM

New Covid scare sparks rate rethink in markets

Risks of a new Covid hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the dollar and other currencies where wagers had been most aggressive.
27 November 2021, 18:00 PM

Responsible banking: new dimension of green banking

With the culmination of climate change and its adverse impact, we are all concerned about our habitat, economy, life-style and future generation.
27 November 2021, 18:00 PM