Adversity brings out the best in man, William Shakespeare once said.

The Bangladesh Bank decides to extend the banking operation across the country during the ongoing shutdown.

Bank employees will be entitled to a health insurance coverage of Tk 5 lakh to Tk 10 lakh if they are infected by coronavirus while delivering services to customers, according to a notice issued by Bangladesh Bank.

Bangladesh Bank yesterday asked lenders not to impose any late payment fees on credit cardholders, who are finding it difficult to clear the bills due to the ongoing movement restriction and short banking hours.

Banks’ capacity to provide loans at 9 per cent interest has shrunk even before the government-fixed ceiling is implemented as both individuals and corporate institutions are withdrawing deposits to protect themselves from the ongoing economic fallout of the coronavirus pandemic.

In an unprecedented move, the central bank yesterday said it will buy Treasury bills and bonds from banks and non-bank financial institutions (NBFIs) to tackle the impending economic slowdown brought on by the coronavirus pandemic.

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.

The big question on economists’ mind is, how will the 9 per cent ceiling on bank lending rates impact the conduct of monetary policy?

The central bank yesterday announced a fresh credit support for banks with a view to giving a boost to the ailing capital market.

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.

The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.

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.

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.

Bangladesh Financial Intelligence Unit (BFIU) yesterday issued guidelines for banks to prevent money laundering in the name of export and import.

Mutual Trust Bank (MTB) yesterday opened a bank museum to showcase its 20-year journey and achievements.

Mamoon Mahmood Shah has recently joined NRB Bank as additional managing director.

Mamoon Mahmood Shah has recently joined NRB Bank as additional managing director.

Ahmed Rashid has recently joined Brac Bank as head of credit risk management.

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.

M Fakhrul Alam has recently been reappointed managing director of One Bank, effective from October 8.