More and more banks are showing interest in converting into full-fledged Islamic banks but the central bank is not giving new licences for the expansion of the shariah-compliant finance.

Bankers formed an association of anti-money laundering compliance officers with an aim to work closely and effectively with the Bangladesh Financial Intelligence Unit and other regulatory authorities, the association said in a statement yesterday.

Md Golam Faruque has recently been promoted as the managing director of South Bangla Agriculture and Commerce (SBAC) Bank.

Entry-level banking jobs, which offer a better pay package than many others, have become more accessible after the Bangladesh Bank yesterday instructed banks not to mention any specific discipline or university in their job advertisements.

The interest rates on deposit crept up in July, breaking a downtrend of two and a half years on the back of a rising private sector credit demand.

Banks are offering discounts on home appliance purchases through credit cards this Eid-ul-Azha as they look to cash in on the shopping frenzy surrounding the religious festival.

Citibank NA Bangladesh has recently won the Global Finance Magazine country award for excellence in digital banking in corporate and institutional segments of the market for the tenth consecutive year.

Eight state banks had a capital shortfall of Tk 12,683 crore at the end of June even though they got a handsome amount of fund from the government exchequer.

About 58 percent of the bank branches in the country do not have any policy for transferring funds from one branch to another, according to a research of the Bangladesh Institute of Bank Management.

More than 100 employees of the central bank yesterday protested a decision of the Bangladesh Bank board to provide incentive bonus for fiscal 2016-17 based on the pay scale of 2015.

Palli Sanchay Bank has introduced online real-time core banking solutions to provide quick services through the digital platform.

The top 20 defaulters accounted for one-third of the state banks' total default loans in the first half of 2017, according to the finance

Bangladesh is set to take a $59 million loan for the power sector from the World Bank at non-concessional terms for the first time.

The central bank yesterday issued a notice that mandated domestic card transactions with its national payment switch, which is yet to be EMV-compliant and remains vulnerable to fraud.

Japan, a pioneer in mobile “e-wallet” payments in 2004, has, ironically, since become a serious laggard on this front. Less than 20 percent of the payments are cashless, in the country.

Standard Chartered Bank's history in Bangladesh dates back to 1905. For 112 years the bank remained open for business and stood a

Private banks yesterday donated Tk 85 crore to the Prime Minister's Relief Fund for rehabilitation of flood-hit people as part of their corporate social responsibility activities.

Bangladesh Bank has relaxed its loan rescheduling rules and suspended loan recovery for six months for the farmers and small

Corporate executives and businessmen quite often get stupefied with phone calls from banks selling credit cards.

Credit card: two words the mention of which turn many into full-blown cynics.