60% sub-branches of banks must be outside city corporations: BB

At least 60 per cent of sub-branches will have to be in areas located outside city corporations and top-tier municipalities, according to a Bangladesh Bank notice yesterday.    
19 January 2023, 18:00 PM

Bank Asia inks e-archiving deal with Tech One Global

Bank Asia has signed an agreement with Tech One Global (Pvt) for e-archiving of account opening forms through a document management system, enabling faster customer service delivery and safe document storage. 
18 January 2023, 18:00 PM

StanChart signs deal with Evercare Ctg

Standard Chartered Bangladesh has signed an agreement with Evercare Hospital Chattogram, enabling its “Priority Grande” clients to avail an annual complimentary executive health check-up package. 
18 January 2023, 18:00 PM

Eastern Bank gets new chief risk officer

Eastern Bank has appointed M Khurshed Alam as the new chief risk officer with effect from January 8.
18 January 2023, 18:00 PM

Brac University gets Tk 450cr loan from Idcol

Brac University signed an agreement with Infrastructure Development Company Limited (Idcol) yesterday for a term loan facility.
18 January 2023, 18:00 PM

Pilot kicks off for digital payment with QR code

The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.
17 January 2023, 16:13 PM

More budget support, easy loans sought from AIIB

Finance Minister AHM Mustafa Kamal today requested China-led Asian Infrastructure Investment Bank (AIIB) to extend more budget support and ease loan conditions the way the World Bank has done for Bangladesh.
17 January 2023, 15:13 PM

Feeble monetary policy against challenges

Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
16 January 2023, 01:00 AM

Bangladesh Bank set to announce new monetary policy Sunday

Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).
13 January 2023, 14:48 PM

Shahjalal Islami Bank re-elects chairman

Mohammed Younus was unanimously re-elected as the chairman of Shahjalal Islami Bank at the bank’s 354th board meeting on Wednesday.
12 January 2023, 18:00 PM

Brac Bank to get $100m from Jica, Citi

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 18:00 PM

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 14:59 PM

Brac Bank to borrow $50m from German institution

Brac Bank Limited will get $50 million loan from a German development finance institution to support SMEs and women entrepreneurs in Bangladesh.
11 January 2023, 18:00 PM

Why National Bank won’t be penalised

The High Court yesterday asked authorities concerned to explain why appropriate legal measures should not be taken against National Bank and its board of directors over their alleged involvement in corruption and money laundering. 
11 January 2023, 18:00 PM

Bank Asia, BB sign deal on agri refinance fund

Bank Asia Limited has signed a participatory agreement with Bangladesh Bank (BB) under a refinance scheme of Tk 5,000 crore for the agriculture sector aiming to ensure food security of the country.
11 January 2023, 18:00 PM

Ali becomes Pubali Bank’s new MD

Mohammad Ali has been appointed as the managing director and chief executive officer of Pubali Bank Limited by the board of directors.
11 January 2023, 18:00 PM

Sonali Bank introduces new digital services

Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.
9 January 2023, 18:00 PM

Dhaka Bank gets two new DMDs

Dhaka Bank recently promoted Akhlaqur Rahman and Sheikh Abdul Bakir to the post of deputy managing directors.
9 January 2023, 18:00 PM

Pubali Bank, BB sign deal on refinance loan

Pubali Bank Limited and the Bangladesh Bank signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country.
8 January 2023, 18:00 PM

Quick steps needed to ensure good governance in banks

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.
7 January 2023, 18:00 PM