Russia's central bank on Friday kept its key rate steady as inflation fears outweighed any temptation to use recent ruble strength as an

State banks plagued with bad loans are not eligible to disburse the World Bank's low-cost foreign currency long-term funds among

State-owned commercial banks continue to be plagued by poor capitalisation, weak asset quality and substandard management quality

Inspector General of Police AKM Shahidul Hoque has said if needed, help would be sought from the international agencies dealing with money laundering, for unveiling the clue to the $101 million cyber heist at Bangladesh Bank.

The meeting between police’s Criminal Investigation Department (CID) and US’ Federal Bureau of Investigation over the cyber heist of Bangladesh Bank’s account deferred to Sunday.

There is a “very low” chance that the government will be able to retrieve the $81 million stolen from the Bangladesh central bank because the money is now likely outside the country, Philippine senator says.

Finance Minister AMA Muhith yesterday said the banking secretary has been made an officer on special duty for being uninformed about the cyber heist at the Bangladesh Bank.

A businessman of the Philippines implicated RCBC branch manager Maia Santos-Deguito in the alleged scheme to launder US$81 million, saying she confessed she had done something wrong by opening an account in his name and even apologised for it.

The Bangladesh Bank yesterday filed a case in connection with last month's heist of $101 million from its account with the Fed.

Atiur Rahman, who resigned as the Bangladesh Bank governor yesterday over the mishandling of the heist episode, championed financial inclusion, digitalisation of banking system, and socially and environmentally responsible financing in his nearly seven-year tenure.

The government decides to appoint former finance secretary and incumbent chairman of state-run Sonali Bank Fazle Kabir as new governor of Bangladesh Bank (BB), Finance Minister AMA Muhith says.

Finance Minister AMA Muhith has cancelled his press conference minutes after the Bangladesh Bank governor resigned over the recent heist of $101 million out of the bank’s account with New York’s Federal Reserve Bank.

Finance ministry's secretary for banking division says he was unaware of the cyber heist, where a sum of $101 million was swindled out, throughout the last month.

The finance ministry will take action against Bangladesh Bank for not informing the government formally about the bank’s $101 million cyber heist, Finance Minister AMA Muhith says.

FireEye Inc's Mandiant forensics division is helping to investigate a cyber heist at Bangladesh's central bank last month that netted more than $80 million, people familiar with the matter tell Reuters.

Standard Chartered's landmark attempt to claw back bonuses paid to staff deemed responsible for its current woes could be fraught

Dutch-Bangla Bank Ltd has rolled out virtual cards for individual app developers and programmers, solving the difficulties they face when making international transactions online.

The International Finance Corporation, the private sector arm of the World Bank Group, has invested more than Tk 131 crore to hold 5 percent of local City Bank's shares.

Standard Chartered reported its first annual loss since 1989 as hefty restructuring costs and weak commodity prices took their toll on

Mamun-Ur-Rashid has recently been promoted to additional managing director of Standard Bank, the private commercial bank said in a statement yesterday.