The cabinet approves a draft law, which allows four members of a family to be directors of a bank. The existing law permits two members of a family for the director posts. The cabinet today approved the draft law at the weekly cabinet meeting at the Secretariat in Dhaka with Prime Minister Sheikh Hasina in the chair.

Bangladesh's 52 percent banks ran the risk of information management security breaches in 2016, of which 16 percent were in the

Bangladesh Bank yesterday put a cap on the US dollar at inter-bank exchange rate plus Tk 2, to control the recent volatile market, said bankers.

Cybercriminal gang Lazarus group carried out the $81 million Bangladesh Bank cyber heist, not the other groups named since the February 2016 incident, according to a top researcher of cyber security firm Kaspersky Lab.

The Asian Development Bank (ADB) awards four winners of an essay competition celebrating its 50th founding anniversary.

Prime Bank has written off Tk 300 crore embezzled by Bismillah Group in order to clean up its balance sheet.

The Supreme Court clears the way for Bangladesh Bank to take legal action against NRB Commercial Bank’s chairman and managing director for failing to protect the interest of its depositors and shareholders.

The banking sector needs a central database of collateral as there is a tendency among borrowers to take multiple loans against a

Private banks have now turned their focus on bringing down their cost of funds to get a competitive edge over peers in the saturated

A special court in Pabna hands down a fugitive banker 15 years of imprisonment in a corruption case filed by Anti-Corruption Commission (ACC) and imposes a fine of over Tk 66.39 lakh.

Bangladesh Bank has doubled the credit card limit and extended the personal loan ceiling to support investment growth by stimulating consumption in the economy.

The Global Human Development Report suggests Bangladesh set up a remittance bank for easy and transparent inflow of the foreign wage earnings into the country.

Cyber security firm Kaspersky Lab says it has obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.

Shahid Hossain joined Social Islami Bank (SIBL) as chief executive officer on Wednesday. The bank also promoted Tarik Morshed as its additional managing director.

Four state-owned commercial banks saw higher credit growth at the end of December last year thanks to a surge in lending to small businesses.

The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, says.

Agent banking is gaining popularity, particularly among Bangladeshis living abroad, because of its convenient and cost-effective

Mercantile Bank will set up a subsidiary company to run its mobile financial services (MFS) in an effort to become a top player in the

A Dhaka court sentences a former bank cashier to three years’ imprisonment in a case filed for misappropriating Tk 38.78 lakh.

Brussels based inter-bank messaging system SWIFT says it has cut off North Korean banks under UN sanctions, after Belgium says it would no longer give authorization for such transactions.