Credit growth up in Dec

Private-sector credit growth reached 14.19 percent in December 2015, which is 0.69 percentage point higher year-on-year.
7 February 2016, 18:00 PM

National Bank moves to sell SA Oil Refinery's mortgaged assets

National Bank Ltd has put up advertisements to sell off the mortgaged properties of SA Oil Refinery that failed to repay the lender about Tk 215 crore.
1 February 2016, 18:00 PM

BB's deputy governors may get extension

Finance Minister AMA Muhith yesterday hinted that the tenure of three deputy governors of Bangladesh Bank would be extended.
1 February 2016, 18:00 PM

Britain's HSBC back online after cyber attack

British bank HSBC said Saturday that its Internet and mobile banking services were fully up and running again after it was hit by a cyber-
30 January 2016, 18:00 PM

Allow review plea of Farmers Bank, SC asks BB

The Supreme Court directs Bangladesh Bank to allow Farmers Bank to seek review of the central bank’s order that fined the bank Tk 10 lakh for concealing information.
28 January 2016, 05:12 AM

bKash revolutionising banking for poor: Bill Gates

The Bill & Melinda Gates Foundation, the world's largest philanthropic organisation, has in the past given away money, much of it to fight infectious diseases. Now it has a new strategy of investing in technologies that can make goods and services affordable to the poor.
24 January 2016, 08:00 AM

Barclays bank to cut 1,000 jobs

Troubled British bank Barclays is to make a new round of job cuts, axing more than 1,000 positions across its New York, London and
21 January 2016, 18:00 PM

Farmers Bank hits controversy

Rubel Brothers and Apollo Multipurpose Agro Industries are loan defaulters of state-owned BASIC and Janata banks respectively and yet had no trouble getting fresh loans from the Farmers Bank.
18 January 2016, 18:00 PM

Merge weak banks with strong ones: analysts

The government should consider merging weak banks with the strong ones for the betterment of the sector and the economy, analysts said yesterday.
16 January 2016, 18:00 PM

Challenges to banks' good governance

BANGLADESH Bank is committed to establishing good governance practices in banks and financial institutions besides fulfilling its core objectives like employment maximisation and price stability in the country.
13 January 2016, 18:00 PM

Banks borrow from BB after a four-year gap

After a gap of more than four years, some commercial banks have recently borrowed money from the central bank through repo auction.
13 January 2016, 18:00 PM

BB lines up $200m green fund for textile, leather makers

Bangladesh Bank is set to form a $200 million fund to provide low-cost loans to textile and leather industries for switching to
12 January 2016, 18:00 PM

EBL Nest: a hotbed of creativity

As is common in big institutions, ideas of those lower down the hierarchy tend to get lost.
12 January 2016, 18:00 PM

Economic growth to keep up momentum: WB

Bangladesh's economic growth will keep up its momentum this fiscal year despite pressure on the budget from a salary hike for
7 January 2016, 18:00 PM

Indian state banks likely sold dollars to stem rupee fall

State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three
4 January 2016, 18:00 PM

Little cheer for state banks in 2015

State-owned commercial banks saw their operating profits decline 4.69 percent year-on-year in 2015 owing to low credit growth and
4 January 2016, 18:00 PM

Banks' capital base strengthens

Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private
3 January 2016, 18:00 PM

Low-cost loans, lands a must to boost investment: MCCI

The leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) demanded a single-digit interest rate on bank loans, low-
3 January 2016, 18:00 PM

More banks found paying zero tax in UK

Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the
3 January 2016, 18:00 PM

Banks saw slim profits in 2015

Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first
2 January 2016, 18:00 PM