Slump in interest rate on deposits worries BB

The interest rate on banks' deposit fell drastically, much to the central bank's concern.
21 February 2017, 18:00 PM

BB chief worried over remittance slide

Bangladesh Bank Governor Fazle Kabir has voiced concern over the remittance that declined significantly since last year and continued into 2017.
14 February 2017, 06:23 AM

WB rolls out $300m for local govt project

The World Bank yesterday approved a $300 million fund for Bangladesh to empower the local governments that would benefit more than 11.5 crore residents.
1 February 2017, 18:00 PM

UCB now on strong footing

When Muhammed Ali took the reins of United Commercial Bank in late 2012 the lender's standing in the industry was not of note.
30 January 2017, 18:00 PM

BB's concern over stocks frightens investors

Stocks suffered a big jolt yesterday after the central bank expressed concern over the bullish momentum in its latest monetary policy
29 January 2017, 18:00 PM

BB stays alert amid emerging risks

The cagey monetary policy of the first half of fiscal 2016-17 will continue in the second half of the year despite buoyancy in the
29 January 2017, 18:00 PM

Trade barriers hold back exports to India: Tofail

Bangladesh's exports to India have not been growing at expected levels despite duty benefits in place, due to different tariff and non-
29 January 2017, 18:00 PM

Recovery of another $29m likely

Bangladesh Bank is likely to get back another $29 million of its stolen funds from the Philippines, Governor Fazle Kabir said yesterday.
29 January 2017, 18:00 PM

Cautionary monetary policy

Overall, the monetary policy statement is appropriate for the current state of the economy.
29 January 2017, 18:00 PM

Agrani Bank gets green light for mutual fund

Bangladesh Securities and Exchange Commission yesterday approved the prospectus of a Tk 100-crore closed-end mutual fund sponsored by Agrani Bank.
25 January 2017, 18:00 PM

Banks face tighter stockmarket rules

The central bank has tightened its reporting requirements on capital market activities for banks and its subsidiaries to monitor the market closely.
21 January 2017, 18:00 PM

Aftab ul Islam joins central bank as director

Aftab ul Islam has recently been appointed as the director of Bangladesh Bank.
11 January 2017, 18:00 PM

New managing director for Rakub

Kazi Sanaul Hoq has recently joined Rajshahi Krishi Unnayan Bank (Rakub) as managing director.
11 January 2017, 18:00 PM

New AMD for Dhaka Bank

Emranul Huq has recently been promoted as the additional managing director of Dhaka Bank with effect from January 1, 2017.
10 January 2017, 18:00 PM

New MD takes reins of Islami Bank

Md Abdul Hamid Miah has joined Islami Bank Bangladesh as its managing director and CEO.
9 January 2017, 18:00 PM

Senior official of SBI to reach Dhaka tomorrow

Sujit Kumar Varma, chief general manager of international banking group at State Bank of India's corporate centre in Mumbai, India, is scheduled to arrive in Dhaka tomorrow.
8 January 2017, 18:00 PM

Economy to stay stable

Standard Chartered yesterday attached a relatively stable outlook to Bangladesh for 2017, saying the country is positioned to be one of the fastest growing Asian economies in the year amid a volatile global scenario.
8 January 2017, 18:00 PM

BB once again looks to reward good borrowers

Bangladesh Bank has once again urged commercial banks to reward their first-rate buyers with rebates on interest payment and
3 January 2017, 18:00 PM

WB gives $360m to improve waterway connectivity

The government yesterday signed a $360 million financing agreement with the World Bank to improve navigability of 900-kilometre inland waterways along the Chittagong-Dhaka-Ashuganj corridor and connecting routes.
21 December 2016, 18:00 PM

Bad banks should merge with good ones: Muhith

The banks that are performing poorly should be merged with the better performers, Finance Minister AMA Muhith said yesterday.
21 December 2016, 18:00 PM