Agent banking shows signs of promise

Uzzala Rani Sarkar had never thought of stepping into a branch of a bank and owning an account. But thanks to an agent
17 January 2018, 18:00 PM

Deconstructing bitcoins: Future of money or a fraud?

Bitcoin’s popularity in Asia has had a positive influence on other alternative cryptocurrencies such as ethereum and litecoin. Clearly there is a great demand for such digital money, even though its volatility hurts.
17 January 2018, 06:52 AM

Recruitment tests of 8 state-run banks cancelled

Amid protest of the candidates, Bankers’ Selection Committee cancels the recruitment tests for eight state-run banks.
16 January 2018, 08:04 AM

Farmers Bank selects new chairman

The Farmers Bank Ltd has selected Chowdhury Nafeez Sarafat as its new chairman after the resignation of Muhiuddin
15 January 2018, 18:00 PM

Islami Bank had a good 2017: Arastoo

Islami Bank Bangladesh, the country's largest private bank, saw its financial performance improve in the past one
15 January 2018, 18:00 PM

bKash, MTB offer instant remittance service

Mutual Trust Bank and bKash yesterday jointly launched a service enabling remittance to be sent directly to the
15 January 2018, 18:00 PM

NRBC left without govt funds after media reports

The government agencies have withdrawn their funds, amounting to Tk 500 crore, from NRB Commercial Bank
15 January 2018, 18:00 PM

ERA InfoTech to install Palli Sanchay's banking software

ERA InfoTech, a joint venture of Bank Asia, Ranks ITT and ETA InfoTech LLC of Dubai, won the contract to supply and maintain the core banking software of Palli Sanchay Bank.
14 January 2018, 18:00 PM

Brac Saajan Exchange to operate in EU

The Bangladesh Bank has given the go-ahead to Brac Saajan Exchange, the UK subsidiary of Brac Bank, to expand its business activities into the European Union in preparation of the Brexit.
14 January 2018, 18:00 PM

Brac Bank raises Tk 38 lakh through mini marathon as CSR fund

Brac Bank and its employees on Friday raised Tk 38 lakh through a fundraising mini marathon for humanity titled Brac
13 January 2018, 18:00 PM

Govt to select bidders for first China project

In a first, the government is set to select bidders through limited tendering for implementing the digital connectivity
13 January 2018, 18:00 PM

Current account deficit hits a 15-year high

The country's current account deficit reached a 15-year high in the first five months of the fiscal year on the back of
13 January 2018, 18:00 PM

Time ripe for financial sector to go digital: Microsoft survey

About 81 percent business leaders in Asia Pacific's financial services industry said they believe they need to transform to digital
11 January 2018, 18:00 PM

BB asks banks to be tough on top defaulters

The top 20 defaulters account for 46 percent -- or Tk 32,432 crore -- of the total default loans in the banking sector, much to the
11 January 2018, 18:00 PM

AB Bank must set aside Tk 165cr as provision: BB

Bangladesh Bank has rejected AB Bank's request for keeping provisioning in four phases between 2018 and 2021
10 January 2018, 18:00 PM

JP MP sued for misappropriating Tk 275cr loan of Basic Bank

Anti-Corruption Commission (ACC) sues Jatiya Party lawmaker Mahjabeen Morshed, her husband and five others for allegedly misappropriating around Tk 275crore of Basic Bank.
10 January 2018, 08:52 AM

WB gives another $245m to help improve safety net

The World Bank yesterday signed an agreement with Bangladesh giving $245 million to help the country improve equity, efficiency and
9 January 2018, 18:00 PM

Agent banking faring fine

Banks have started to reap benefit from agent banking just two years after the full-fledged rollout of the alternative
9 January 2018, 18:00 PM

Govt's bank borrowing now negative

The government's debt servicing cost is ballooning thanks to its growing leaning towards high-cost savings tools
9 January 2018, 18:00 PM

Dollar rally continues

The US dollar continues to appreciate against the taka although the central bank injected more than $1.11 billion
8 January 2018, 18:00 PM