State-owned Probashi Kallyan Bank (PKB) today signed an agreement with NCC Bank for the disbursement of remittance sent by Bangladeshi expatriates to their beneficiaries in the country.

The Bangladesh Bank yesterday refused to revisit its instruction that asked banks to set a higher interest rate on fixed deposits than the inflation rate despite pleas from lenders.

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to submit account details of five persons, including actor Pori Moni and Helena Jahangir, a former member of the sub-committee on women affairs of Bangladesh Awami League.

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market today and the price of its sharew soared 10 per cent as most of the time there was no seller of the stock.

Prime Bank has retained its credit ratings for the long and short terms.  Emerging Credit Rating provided the “AA” and “ST-2” ratings respectively, valid till June 30, 2022, terming the associated outlook “stable”.

Al-Arafah Islami Bank (AIBL) has recently witnessed the election of a chairman and vice-chairman. 

Bangladesh’s trade deficit hit an all-time high of $22.27 billion last fiscal year due to a rise in commodity prices in the global market.

HSBC Bangladesh has been named “International Retail Bank of the Year, Bangladesh” at the Asian Banking and Finance Retail Banking Awards 2021. 

Banks and the stock market will return to their normal activities from tomorrow as the government looks to partially reopen the economy despite a surge in coronavirus infections.

Bangladesh Bank yesterday showed little interest in mopping up excess liquidity from the banking system as it withdrew only 38 per cent of funds attracted from banks through an absorbent instrument.

HSBC Bangladesh has been honoured with the 2021 Asian Banking and Finance Award for International Retail Bank of the Year – Bangladesh. 

Banking operation returns to normalcy from August 11 as the government looks to partially reopen the economy despite a surge in infection of coronavirus.

Microcredit provider Brac has got approval to issue zero-coupon bonds worth Tk1, 350 crore through private placement.

Brac Bank has recently been named for a Best Cash Management Bank Award 2021. 

Iqbal Hossain Shaon works at a multinational company in Dhaka. He has to go out of the capital frequently for official purposes.

Bangladesh Bank yesterday decided to keep banks closed on August 8 to contain the latest wave of the coronavirus pandemic.

The Bangladesh Bank yesterday decided to mop up excess liquidity as it is hurting banks, savers and small borrowers and threatening to create instability in the economy through asset bubbles.

Any banker with 10 years of work experience can now be appointed or promoted as chief financial officer (CFO) at any bank or financial institution.

The Bangladesh Bank today took a decision to mop up excess liquidity by way of allowing banks to invest their idle fund at an instrument namely “Bangladesh Bank Bill”.

The Bangladesh Bank today decided to keep banks closed on August 8 to contain the latest wave of the coronavirus pandemic.