Premier Bank scam: ACC summons director and AL MP Haroon

Anti-Corruption Commission (ACC) summons an Awami League lawmaker and also a director of Premier Bank at its office for quizzing over allegations of illegally amassing Tk 134 crore in collusion with some bank officials.
3 April 2018, 11:24 AM

Govt move raises more concerns

The decisions taken by the government and the central bank would increase the money supply in the market, but it would encourage
2 April 2018, 18:00 PM

Will CRR cuts bring down lending rate?

The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key
1 April 2018, 18:00 PM

Misuse of political power renders BB toothless: survey

Misuse of political power in banking business results in Bangladesh Bank (BB) facing impediments in taking decisions independently along with punitive measures against large scams, says a survey.
29 March 2018, 18:00 PM

Malaysia’s central bank foils unauthorised fund transfer attempts

Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.
29 March 2018, 09:20 AM

5 banks get Asiamoney award

Five banks from Bangladesh have recently been awarded at the Asiamoney best bank awards 2018.
28 March 2018, 18:00 PM

Private banks' profits slide on piling bad loans

Private banks' net profits slid for the first time in four years in 2017, dragged down by their ballooning non-performing loans.
28 March 2018, 18:00 PM

Nine banks suffer capital shortfall

Nine banks, which include eight state banks and the trouble-hit Farmers Bank, have failed to meet the minimum regulatory capital needs, in a worrying development for the government.
27 March 2018, 18:00 PM

Brokers amp up pressure on BB to boost stocks

Stock brokers and merchant banks yesterday urged the Bangladesh Bank to reset the banks' capital market exposure and extend the deadline for lowering the loan-deposit ratio with a view to propping up the stockmarket.
22 March 2018, 18:00 PM

Farmers Bank's aggrieved depositors go to BB

A number of Farmers Bank depositors have filed complaints with the Bangladesh Bank after the scam-hit bank failed to repay them Tk 852 crore of deposits citing a liquidity crunch.
22 March 2018, 18:00 PM

UCB posts Tk 272cr profit in 2017

United Commercial Bank's profit rose 3.6 percent year-on-year to Tk 272.23 crore last year. The private commercial bank disclosed the annual earnings at a programme at its corporate office in Dhaka yesterday.
21 March 2018, 18:00 PM

New DMD for Shahjalal Islami Bank

Shahjalal Islami Bank has recently appointed Mian Quamrul Hasan Chowdhury as deputy managing director.
18 March 2018, 18:00 PM

Trust Bank gets new DMD

Trust Bank has recently appointed Junaid Masroor as deputy managing director.
18 March 2018, 18:00 PM

State banks, ICB to buy 60% shares of Farmers Bank: Muhith

Finance Minister AMA Muhith says that state owned banks and Investment Corporation of Bangladesh (ICB) will buy 60 percent shares of trouble-hit The Farmers Bank Limited.
8 March 2018, 17:29 PM

BB gets third deputy governor

Ahmed Jamal has recently been promoted as the third deputy governor of Bangladesh Bank.
1 March 2018, 18:00 PM

Rules changed thrice in four years

The government has amended the electoral rules of Grameen Bank for the third time in four years after its previous
1 March 2018, 18:00 PM

Private credit growth hits 18.36pc

Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
1 March 2018, 18:00 PM

Bangladesh must grow 10pc annually for 20 years: ADB chief

Bangladesh needs to clock in at least 10 percent economic growth for the next two decades if it wants to become a developed country
28 February 2018, 18:28 PM

Every corrupt will be brought to book

The Anti-Corruption Commission will bring to book every people who are involved in banking scams as part of the move to create a
28 February 2018, 18:21 PM

First female chairman for a state bank

Luna Shamsuddoha, a prominent ICT entrepreneur, yesterday took over as the chairman of Janata Bank, making her the first woman
28 February 2018, 18:15 PM