Bank Asia has won the ‘Excellence in Mastercard Remittance Innovation 2020-21’ Award at the “Mastercard Excellence Award 2021” event held in Dhaka recently.

Standard Chartered Bangladesh has won three awards at the “Mastercard Excellence Award 2021” event in Dhaka recently.

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.

Eleven banks faced a capital shortfall of Tk 27,918 crore in September, which exposed their fragile health.

LankaBangla Finance has recently received $21 million in foreign currency loans from two companies with prior approval from Bangladesh Bank. 

Prime Bank has won a bronze at an Efma-Accenture Banking Innovation Awards 2021 in an analytics and artificial intelligence category.  

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.

With the culmination of climate change and its adverse impact, we are all concerned about our habitat, economy, life-style and future generation.

Parliament yesterday passed the Bankers’ Book Evidence Bill 2021, defining digitally recorded documents used in the ordinary business of banks as legal evidence admissible in court.

Spending through credit cards maintained an upward trend in September as people kept flocking to online sites in the tourism and hospitality sector as the coronavirus crisis continues to wane.

Non-bank financial institutions have demanded postponement of the application of a Bangladesh Bank guideline that is seeking to restore credit discipline in the fragile sector.

Bank Asia Ltd celebrated its 22nd founding anniversary today.

Standard Chartered Bangladesh has arranged the country’s first-ever green bond for Pran Agro Ltd, a concern of Pran-RFL Group. 

The parliament today passed the Bankers’ Book Evidence Bill 2021, defining the digitally recorded documents as such evidence under the proposed law.

Bank Asia will focus on small and medium enterprises (SMEs) and retail banking in the coming days to widen its banking operation as part of its efforts to shine out the country’s financial inclusion.

Standard Chartered Bangladesh has launched “Digital Trade Counter”, where clients can submit trade transaction applications and related documents.

Cross-border payments are inefficient, often slow, opaque and expensive. Worldwide businesses did $23.5 trillion cross-border transactions in 2020, which is equivalent to 25 per cent of global GDP.

Financially weak banks should consider mergers in a bid to reduce the pressure of default loans, according to Salman F Rahman, the prime minister’s adviser on private industry and investment.

In an upsetting development, default loans in the banking sector in Bangladesh have surpassed Tk 1 lakh crore after more than one and a half years despite a relaxed loan classification policy adopted by the central bank.

Default loans in the Bangladesh’s banking sector has gone past Tk 1 lakh crore despite relaxed loan classification policy taken by the central bank.