BB gives Lafarge 90 days to remit Tk 504cr

Bangladesh Bank has kept the valuation of Holcim shares unchanged at Tk 57,202 -- 47 percent lower than the price proposed by
20 November 2017, 18:00 PM

AB Bank shares suddenly in demand despite losses in Q3

AB Bank's shares were suddenly in demand yesterday although the private commercial lender incurred losses in the third quarter.
20 November 2017, 18:00 PM

Managing the banking sector fault lines

Reforms over the past two decades or so have greatly improved the quantity and quality of banking services in Bangladesh.
20 November 2017, 18:00 PM

Banks wary of running all card transactions thru' BB payment switch

Banks and MasterCard have urged the central bank to review its directive to route all card transactions from the new year through the
19 November 2017, 18:00 PM

HSBC honours export heroes

HSBC Bangladesh has recognised five local exporters for their leadership in brightening the country's image and contributing to the nation's sustainable growth.
18 November 2017, 18:00 PM

StanChart holds workshop on global financial crime risks

Standard Chartered Bank Bangladesh on Tuesday organised a daylong workshop to enlighten senior bankers on global financial crime risks.
16 November 2017, 18:00 PM

7 directors of Social Islami Bank Limited resign

Seven directors of the privately-run Social Islami Bank Limited resign from their posts on “personal ground”.
14 November 2017, 11:05 AM

Standard Bank's new additional managing director

Md Tariqul Azam has recently joined Standard Bank as additional managing director, the bank said in a statement yesterday.
13 November 2017, 18:00 PM

Standard Bank executives sued for fund embezzlement

A businessman yesterday filed a complaint against three executives of Standard Bank for allegedly embezzling Tk 1.18 crore from his
7 November 2017, 18:00 PM

BB rejects proposals for two new banks

The central bank has turned down proposals for setting up two new commercial banks on the grounds that the deteriorating financial
7 November 2017, 18:00 PM

New top brass for Social Islami Bank

Md Anwarul Azim Arif has recently been elected as the new chairman of Social Islami Bank.
1 November 2017, 18:00 PM

SIBL officials worried about job security

The abrupt departure of Social Islami Bank's board chairman and chief executive has got the senior and mid-level executives worried about their job security.
1 November 2017, 18:00 PM

LankaBangla to raise Tk 159cr

LankaBangla Finance has received regulatory approval to raise Tk 159.12 crore by issuing right shares.
31 October 2017, 18:00 PM

NBR seeks to freeze Premier Bank's account

The revenue authority yesterday requested Bangladesh Bank to freeze the current account of Premier Bank on allegation of evasion of
31 October 2017, 18:00 PM

BB asks banks to tighten offshore lending

Bangladesh Bank has asked banks to tighten their lending in foreign currency through their offshore banking units with the view to
30 October 2017, 18:00 PM

Japanese megabanks embrace AI, robot tech

The irresistible shift toward digitisation is sweeping through Japan’s three megabanks. Amid a drive toward greater efficiency and higher profits, artificial intelligence and robot technology are increasingly replacing roles typically handled by thousands of bank employees.
30 October 2017, 05:56 AM

Brac Bank's profit surges 50pc

Brac Bank's profit after tax surged 50 percent year-on-year to Tk 397.3 crore in the first nine months this year.
26 October 2017, 18:00 PM

New DMD for Al-Arafah Islami Bank

Mohammed Zubair Wafa has recently joined Al-Arafah Islami Bank as deputy managing director, the bank said in a press release yesteday.
25 October 2017, 18:00 PM

BB grills NRBC Bank CEO over loan scandal

Bangladesh Bank has grilled NRB Commercial Bank's Managing Director Dewan Mujibur Rahman on charge of his alleged involvement in a
24 October 2017, 18:00 PM

Abrar raises benchmark for Bangladeshi bankers

Banks will have to put in place the right strategies, IT infrastructure and skilled employees to protect themselves from cyber and
23 October 2017, 18:00 PM