Bank accounts of Sikder family members frozen

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days
22 October 2024, 12:59 PM

Bangladesh Bank hikes policy rate to 10% to curb inflation

This is the 11th time since May 2022 the BB hiked the repo rate to make money expensive for banks and tame demand to curb inflation.
22 October 2024, 08:18 AM

BB reduces repo auctions to one day a week

The new measure will be effective from November 1 this year
21 October 2024, 12:14 PM

Forex reserves on the rise: BB Governor assures stability

Bangladesh’s foreign exchange reserves are gradually increasing and stabilising, says Bangladesh Bank (BB) Governor Dr Ahsan H Mansur.
20 October 2024, 11:37 AM

Jamuna Bank’s profit surges 37% in Q3

Profit rose thanks to strong investment and interest income
20 October 2024, 06:32 AM

BB removes NCC Bank chairman, director

Bangladesh Bank on Thursday removed NCC Bank Chairman M Abul Bashar and Director Md Abdul Awal after they were declared loan defaulters at Bank Asia.
18 October 2024, 07:10 AM

Sk Trims completes paying all due dividends

The company’s managing director says today
17 October 2024, 12:44 PM

BB governor to visit US for World Bank-IMF meetings

The meetings will take place in between October 21 and October 26 
17 October 2024, 11:39 AM

BSEC declines NCC Bank’s Tk 500 crore bond issue 

NCC Bank  plans to appeal the decision and seek a review 
17 October 2024, 06:07 AM

FAS Finance’s board reconstituted for third time

Retired Major General Md Anwarul Islam made new chairman of the company
16 October 2024, 13:46 PM

Global Islami Bank inks financing deal with FHP

Global Islami Bank (GIB) recently signed an agreement on financing in dairy, poultry and fishing projects in the area of Kishoreganj with the Society for Family Happiness & Prosperity (FHP), a microcredit financial institution.
14 October 2024, 16:02 PM

Banks asked to freeze accounts of Mozammel Babu, his family members

Transactions in their personal and business accounts will also remain suspended for 30 days
14 October 2024, 14:22 PM

Banks asked to freeze accounts of Momtaz Begum

Transactions in her personal and business accounts will remain suspended for 30 days
14 October 2024, 11:18 AM

City Bank Director Rubel Aziz to sell 34 lakh shares 

It is 11% of his total 3.08 crore shares in the bank
14 October 2024, 08:26 AM

Govt removes BASIC Bank chairman

Abul Hashem has been serving the bank as chairman since 2020
9 October 2024, 13:37 PM

Banks asked to freeze accounts of Union Bank MD ABM Mokammel

The anti-money laundering agency issued the directive yesterday to suspend transactions in both their personal and business accounts for 30 days
9 October 2024, 05:21 AM

Eastern Bank inks deal with Basecamp Adventures

Eastern Bank recently signed an agreement with Basecamp Adventures, a trekking and tour company.
7 October 2024, 15:20 PM

Bangladesh economy to rebound next fiscal year

HSBC says in Global Research report
7 October 2024, 12:08 PM

Freeze accounts of Bashundhara Group chairman, MD, family

The Bangladesh Financial Intelligence Unit (BFIU) yesterday asked banks to freeze all personal accounts of Bashundhara Group Chairman Ahmed Akbar Sobhan, his son and group Managing Director Sayem Sobhan Anvir, and their family members.
6 October 2024, 18:13 PM

Banks asked to freeze accounts of Mahbubul Alam Hanif

The BFIU also asked to suspend the transactions in the personal and privately-owned institutional accounts of Hanif
6 October 2024, 14:12 PM