Banks should manage liquidity with caution

Senior bankers and experts suggest Bangladesh's banks be cautious in liquidity management from the start of 2018 as a majority of
30 December 2017, 18:00 PM

City Bank gets $15m from Austrian lender

City Bank has recently arranged a fund of $15 million from a development bank of Austria, to support the growing needs of City's small
28 December 2017, 18:00 PM

Prime Bank arranges Tk 600cr for BSRM

Prime Bank has recently arranged a syndication loan as lead arranger through raising Tk 600 crore for Bangladesh Steel Re-Rolling Mills
28 December 2017, 18:00 PM

BB warns against cryptocurrencies

Bangladesh Bank has issued a cautionary notification against settling online transactions in virtual currencies like Bitcoin.
28 December 2017, 18:00 PM

Lion's share of SME loans goes to traders

As much as 63 percent of the SME loans disbursed in the first nine months of the year went to the trading sector, neglecting the
28 December 2017, 18:00 PM

Banks' mad rush to secure deposit

Even last month, the interest rate on bank deposit was as low as 5 percent. Then, at the beginning of this month, as if on cue, the rate,
28 December 2017, 18:00 PM

Bank Asia joins Coca-Cola's women empowerment project

Bank Asia recently joined a Coca-Cola Bangladesh project to impart agent banking training among 25 successful women entrepreneurs of Jamalpur in the latter's Bhaluka plant in Mymensingh .
27 December 2017, 18:00 PM

Industrial default loans soar 30pc

Defaults in the industrial sector soared 30.31 percent at the end of September as large borrowers who enjoyed restructuring facilities under a special Bangladesh Bank scheme in 2015 failed to repay their loans.
27 December 2017, 18:00 PM

Bacchu's company account under ACC scanner

The Anti-Corruption Commission has started investigations into the financial transaction of an account named Eden Fisharies that is owned by the disgraced former BASIC Bank Chairman Sheikh Abdul Hye Bacchu.
27 December 2017, 18:00 PM

BB rejects Tk 1,439cr compensation demand of BKB, Rakub

The central bank has shot down requests for compensation of Tk 1,439 crore from Bangladesh Krishi Bank and
25 December 2017, 18:00 PM

City Bank raises $26m for Doreen Power

City Bank has recently arranged $26 million in funds for Doreen Group to help it set up a 53.9-megawatt heavy fuel
25 December 2017, 18:00 PM

Alam becomes ED of Bangladesh Bank

Md Shah Alam has recently been promoted to the post of executive director of Bangladesh Bank.
24 December 2017, 18:00 PM

ABB elects new office bearers

Syed Mahbubur Rahman, managing director of Dhaka Bank, has been elected as the chairman of the Association of
24 December 2017, 18:00 PM

Grameen Bank election for directors soon: Muhith

The much overdue election for Grameen Bank's board, which the award-winning microlender has been soliciting for
24 December 2017, 18:00 PM

Most banks adopt centralised systems

A total of 88 percent of banks in Bangladesh have put in place centralised core banking systems, which are allowing them to avert fraud, cut cost and provide real-time services online to customers, according to a new research.
23 December 2017, 18:00 PM

BB under pressure to allow another new bank

The finance ministry has forwarded yet another proposal for a new bank to the Bangladesh Bank for its vetting -- at a time when the financial health of the nine fourth generation banks is deteriorating.
23 December 2017, 18:00 PM

Russia’s Globex bank says hackers targeted its SWIFT computers

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.
23 December 2017, 04:17 AM

School banking deposits cross Tk 1,200cr

School banking is gradually getting a huge response among students across the country as deposits with the banking accounts
21 December 2017, 18:00 PM

BASIC Bank losing battle with default loans

Welltex Group, the top defaulter of BASIC Bank who was allowed to reschedule loans under a special arrangement by the Bangladesh
21 December 2017, 18:00 PM

Workshop for Bangladeshi bankers starts in Bangkok today

A three-day workshop on international trade finance for more than 50 Bangladeshi bankers begins in Thailand today.
19 December 2017, 18:00 PM