Janata Bank viva voce exams to continue despite coronavirus fears

Amid aspirants’ fears over coronavirus, the Bankers' Selection Committee Secretariat is taking viva voce for the post of ‘Assistant Executive Officer (AEO)’ of Janata Bank Limited.
20 March 2020, 19:58 PM

Would monetary policy still be useful after 9pc interest rate?

The big question on economists’ mind is, how will the 9 per cent ceiling on bank lending rates impact the conduct of monetary policy?
1 March 2020, 18:00 PM

BB’s bailout package for bourse arrives at last

The central bank yesterday announced a fresh credit support for banks with a view to giving a boost to the ailing capital market.
10 February 2020, 18:00 PM

The billion-dollar hit job

The way unknown hackers hatched plans to steal money from the Bangladesh Bank’s reserves with the New York Fed using the most sophisticated banking and payment channels as well their near-perfect preparation and timing will render many detective stories and Hollywood movies average.
3 February 2020, 18:00 PM

New ADB President Masatsugu Asakawa assumes office

The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.
19 January 2020, 08:24 AM

PM expects banks to implement single digit interest rate from April

Prime Minister Sheikh Hasina expresses hope that the banks will implement the single digit interest rate from April for the sake of the speedy industrialisation and investment.
6 January 2020, 15:28 PM

Reserve Bank of India Feb rate cut on a knife’s edge

A February Reserve Bank of India rate cut is on a knife’s edge, with just under half of economists polled expecting easing at that meeting, and is highly likely by the middle of next year, according to a Reuters poll.
11 December 2019, 18:00 PM

BB moves to curb trade-based money laundering

Bangladesh Financial Intelligence Unit (BFIU) yesterday issued guidelines for banks to prevent money laundering in the name of export and import.
11 December 2019, 18:00 PM

MTB opens bank museum to showcase its 20-year journey

Mutual Trust Bank (MTB) yesterday opened a bank museum to showcase its 20-year journey and achievements.
25 November 2019, 18:00 PM

NRB Bank gets new AMD

Mamoon Mahmood Shah has recently joined NRB Bank as additional managing director.
23 October 2019, 18:00 PM

NRB Bank gets new AMD

Mamoon Mahmood Shah has recently joined NRB Bank as additional managing director.
23 October 2019, 18:00 PM

Brac Bank gets new credit risk head

Ahmed Rashid has recently joined Brac Bank as head of credit risk management.
16 October 2019, 18:00 PM

AB Bank sets sights on restoring lost glory

AB Bank Ltd has stepped up efforts to cut non-performing loans and improve corporate governance as the country’s first private commercial bank desperately seeks to become one of the top lenders again.
14 October 2019, 18:00 PM

One Bank reappoints managing director

M Fakhrul Alam has recently been reappointed managing director of One Bank, effective from October 8.
9 October 2019, 18:00 PM

BB revokes remittance award handed to loan defaulter

The central bank yesterday revoked a remittance award given to Shahjahan Bablu three days ago after his name was found on the list of loan defaulters of Bangladesh Commerce Bank Ltd (BCBL).
9 October 2019, 18:00 PM

Loan recovery slows in Q2

Banks’ loan recovery momentum slowed down in the second quarter of 2019 as many defaulters showed unwillingness to pay back loans to enjoy the central bank’s relaxed rescheduling facility.
8 October 2019, 18:00 PM

EXIM Bank to monitor project implementation

India wants its Exim Bank to monitor the projects it is financing in Bangladesh.
2 October 2019, 18:00 PM

Govt redefines hard term external loans

The government has decided to consider foreign loans as hard-term ones if the grant element is less than 25 percent, down from the 35 percent it currently takes into account, in a reflection of the country’s growing economic power.
2 October 2019, 18:00 PM

Brac Bank to get $30m from British financier

CDC Group, the UK government’s development finance institution, yesterday announced to invest $30 million (over Tk 25 crore) in Bangladesh’s Brac Bank.
1 October 2019, 18:00 PM

New payment app Dmoney launched

Local financial technology service provider Dmoney announces its commercial operation aiming to create a solid position of the digital financial service in the country.
30 September 2019, 09:29 AM