Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.

The Asian Development Bank's lending and grant capacity will rise to $20 billion in 2017, up 50 percent from the current level, which

Improving financial education of remittance recipients, expanding digital finance and promoting remittance-linked capital market

The central bank governor yesterday accused banks of holding up employees, including female staff, way past the banking hours, a

Md Sirajul Islam Varosha has recently been elected as the chairman of Jamuna Bank.

Sonali Bank Chairman AHM Habibur Rahman resigned unexpectedly from his post on Sunday, just eight months short of the end of his tenure.

MA Hashem has been re-elected as the chairman of United Commercial Bank, the bank said in a statement yesterday.

Tim Evans, HSBC's regional head for mid market enterprises under commercial banking in Asia Pacific, is scheduled to arrive in Dhaka for a two-

Bangladesh Bank plans to introduce a pension scheme for non-resident Bangladeshis (NRBs) soon to lure more of their earnings into the country.

Queen Maxima of the Netherlands has appreciated the growth of financial inclusion in Bangladesh and expressed her interest to visit the country

Bangladeshi migrant workers pay the highest recruitment costs in the world, the World Bank said in a report. Citing a recent survey by the Global Knowledge Partnership on Migration and Development, the WB said worker-paid recruitment costs averaged $1,955 in Kuwait with the Bangladeshis paying the highest, ranging between $1,675 and $5,154.

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.

Prime Bank Managing Director Ahmed Kamal Khan Chowdhury yesterday announced a number of programmes to celebrate its 20th anniversary today.

Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important

Standard Chartered Bangladesh will continue to support sectors that have driven the country's economic growth for decades and will

The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign

Mohammad Feroz Hossain has been promoted to deputy managing director of Exim Bank, the bank said in a statement yesterday.

The finance ministry has for the first time set 13 annual performance targets for the 14 state-owned financial institutions, including

Ahmed Shaheen has joined Prime Bank as deputy managing director, the bank said in a statement yesterday. Prior to joining, Shaheen

The Centre for Policy Dialogue is not in favour of the government's move to seek budgetary support from the World Bank, as the