HSBC holds seminar on automated payment platform

The e-banking platforms of HSBC enable customers make seamless payments between countries and currencies, providing businesses greater control over cash and collection, the bank's chief executive said.
16 June 2015, 18:00 PM

MasterCard launches Islamic cards in Bangladesh

MasterCard partnered with Al-Arafah Islami Bank to launch the MasterCard Islamic debit, credit and prepaid cards in Bangladesh.
15 June 2015, 18:00 PM

Islami Bank gets new chairman

Mustafa Anwar has been elected chairman of Islami Bank Bangladesh, while Yousif Abdullah Al-Rajhi and NRM Borhan Uddin have been elected vice-chairmen.
15 June 2015, 18:00 PM

NCC Bank gets new DMD

Md Fazlur Rahman has been promoted as deputy managing director of NCC Bank, the bank said in a statement yesterday.
10 June 2015, 18:00 PM

HSBC to cut 50,000 jobs globally

Scandal-hit bank HSBC said Tuesday it would cut its global headcount by up to 50,000 as part of a restructuring that entails its withdrawal from Brazil and Turkey, while it also mulls abandoning London as its HQ.
9 June 2015, 18:00 PM

NCC Bank gets new DMD

Abu Zafore Md Saleh has recently been promoted to deputy managing director of NCC Bank.
9 June 2015, 18:00 PM

Microcredit's Grameen rate of interest

It is often said that the financing charges, in the form of interest, as applicable to microcredit operations, including that levied by
30 May 2015, 18:00 PM

Large loan restructuring policy: criticisms and answers

On January 29, Bangladesh Bank issued a new Large Loan Restructuring Policy (LLRP). Concerns have been expressed in some quarters
30 May 2015, 18:00 PM

HSBC bullish on Bangladesh

Bangladesh will post strong economic growth and see a bullish trend in exports up to 2030, according to a forecast by UK-based banking giant HSBC.
30 May 2015, 18:00 PM

National Bank launches MasterCard platinum credit card

National Bank launched the MasterCard platinum credit card at an event at the Westin hotel in Dhaka on Wednesday.
28 May 2015, 18:00 PM

Dhaka Bank official selected for advisory council of World Brand Congress

Khandaker Anwar Ehtesham has recently been selected as advisory council member of CMO-Asia's World Brand Congress.
27 May 2015, 18:00 PM

Grameen Bank gets retrospective tax break at last

The National Board of Revenue has extended tax exemption benefits to Grameen Bank, clearing the Nobel Prize-winning organisation from the obligation to pay Tk 77.65 crore in tax.
20 May 2015, 18:00 PM

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.
20 May 2015, 14:39 PM

Banks' lending rates drop

Banks' average lending rate came down to 11.93 percent in March, the lowest in two years, riding on lenders' falling cost of funds and measures aimed at reducing expenditures.
19 May 2015, 18:00 PM

NCC Bank aspires to be at the top

Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank's efforts as it aspires to become one of the most beloved commercial banks in four years, its chief executive officer said.
18 May 2015, 18:00 PM

BB defends new large loan policy

Bangladesh Bank has introduced a large loan restructuring policy to stand by all businesses in trouble, Governor Atiur Rahman said.
13 May 2015, 18:00 PM

HSBC bank logs higher profits amid probes

Scandal-hit global bank HSBC on Tuesday posted rising quarterly profits, but added regulators have requested more information about its controversial Swiss division.
6 May 2015, 18:00 PM

WB gives $200m to improve livelihoods of rural poor

The government yesterday signed a $200 million financing agreement with the International Development Association (IDA) for the Nuton Jibon Livelihood Improvement Project.
5 May 2015, 18:00 PM

ADB vows reforms to stay relevant

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
5 May 2015, 18:00 PM

Banks join hands with ADB for infrastructure funds

The Asian Development Bank has signed an agreement with eight global banks to work together to advise governments on public-
4 May 2015, 18:00 PM