BB move to cheer up stocks as well

The central bank's move to extend the deadline for lowering the banks' loan-deposit ratio will give a boost to the stock market,
21 February 2018, 18:00 PM

Railway gets $360m boost from ADB

The Asian Development Bank has approved $360 million in loans to help Bangladesh buy modern rolling stock and support reforms in its railway.
21 February 2018, 18:00 PM

Shift from roads to rail: ADB okays $360m loan to Bangladesh

Asian Development Bank (ADB) has approved $360 million as loans to Bangladesh so the country can support its ongoing reform in the railway sector. The money will also be used to buy modern rolling stock Bangladesh Railway and to promote an overall shift from roads to rail, the ADB says in a news release on its website.
21 February 2018, 06:16 AM

Banks breathe a sigh of relief

Banks got a respite from the ongoing liquidity crisis as the Bangladesh Bank yesterday extended the deadline to lower their loan-deposit ratio to December 31 from the previous time limit of June 30.
20 February 2018, 18:00 PM

HSBC more than doubles pre-tax profits to $17.2b in 2017

Banking giant HSBC more than doubled pre-tax profit to $17.2 billion in 2017, it announced Tuesday, after a recovery drive to streamline its business and slash costs.
20 February 2018, 18:00 PM

Standard Chartered: Here for good in Bangladesh

As the oldest financial institution and a partner in progress for over 113 years, Standard Chartered has been intimately linked with the amazing growth story of Bangladesh.
20 February 2018, 06:50 AM

Integrated policy needed for venture capital financing: experts

An integrated policy is needed to put into practice venture capital financing, an alternate investment platform, in order to create new
15 February 2018, 18:00 PM

Bank savers can smile again

Though the recent rise in interest rates has become a bane for borrowers, it is a boon for savers, especially for retirees and others who
14 February 2018, 18:00 PM

StanChart coming up with new strategy for Bangladesh

Standard Chartered Bank is preparing its new strategy to carry on its growth momentum in the country, which it deems one of its core
10 February 2018, 18:00 PM

Stay alert to check black money ahead of polls

Finance Minister AMA Muhith asks all banks to be vigilant about the flow of black money as it may become more available in the market ahead of the general election.
28 January 2018, 07:23 AM

EBL, Vroom launch cards with Diners Club

Eastern Bank and Vroom Services recently introduced Diners Club International Auto Credit Card and Diners Club International Fuel Card for drivers and vehicle owners at a ceremony in Dhaka.
23 January 2018, 18:00 PM

New chairman for AB Bank

MA Awal has recently been elected as the chairman of AB Bank, the bank said in a press release yesterday.
23 January 2018, 18:00 PM

Janata sinks into despair for one large borrower

A single borrower can create sufficient trouble for a bank by way of eating up profits and dragging down the capital base from positive to negative, if the current state of Janata Bank is any indication.
23 January 2018, 18:00 PM

New chairman for AB Bank

MA Awal has recently been elected as the chairman of AB Bank, the bank said in a press release yesterday.
23 January 2018, 18:00 PM

New DMD for SIBL

Abu Naser Chowdhury has recently been appointed as deputy managing director of Social Islami Bank Ltd.
21 January 2018, 18:00 PM

Norfund vows to work with City to help SMEs

Norfund, the Norwegian government's investment fund for developing countries, yesterday expressed its intent to
21 January 2018, 18:00 PM

Banking needs met anytime, anywhere

Anwarul Alam, 38, has four accounts -- two for credit cards, one loan account and another salary account -- with
21 January 2018, 18:00 PM

NRBC Bank gunning to impress in 2018

NRB Commercial Bank is gunning for an operating profit of Tk 250 crore in 2018 as the embattled bank looks to shake off the image
20 January 2018, 18:00 PM

Grameen Bank on track to log its highest profit

Grameen Bank is on course for record profit in 2017 in what can be described as a pat on the back to the stewardship of the three
20 January 2018, 18:00 PM

Foreign funds in treasury bonds slump

Foreign investment in Bangladesh's treasury bonds shrank astronomically in the last two fiscal years on the back of the depreciating
18 January 2018, 18:00 PM