Bangladesh Bank again dissolves National Bank board

The bank’s sponsor director Khalilur Rahman made the new chairman
5 May 2024, 14:39 PM

HC scraps its order to probe loan scams in three banks

The High Court yesterday scrapped its suomoto (voluntary) rule that directed the authorities concerned to probe the alleged loan scams in Islami Bank, Social Islami Bank and First Security Islami Bank.
30 April 2024, 18:00 PM

Tax revenue’s 43% spent on govt salaries

Public employees’ pay rises 406% in 12 years, a PRI study finds
30 April 2024, 14:59 PM

Shams Zaman, PwC Bangladesh’s new country managing partner

He has over 28 years of professional experience
30 April 2024, 12:33 PM

Renata’s Q3 profit grows 21%

The drugmaker’s nine months’ profit exceeds FY22’s full year figure
29 April 2024, 11:53 AM

Nat’l Bank not up for merger

National Bank officials do not want the bank to merge with another entity.
28 April 2024, 18:00 PM

Banks asked to increase forex inflow

Bangladesh Bank today sat with five leading private commercial banks
28 April 2024, 15:06 PM

National Bank continues incurring losses

It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
28 April 2024, 13:24 PM

Islami Bank to issue Tk 1,000 crore bond to strengthen capital

Islami Bank Bangladesh, the largest and oldest shariah-based bank in the country, today announced that it would borrow Tk 1,000 crore through the issuance of bonds to improve its capital adequacy in line with Basel-III.
25 April 2024, 14:30 PM

Singer incurs losses in Q1

The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter
24 April 2024, 15:58 PM

Heidelberg Bangladesh’s sales drop, but profit rises

The company gives credit to fall in administration, distribution costs and selling expenses
24 April 2024, 15:01 PM

Mohammad Abu Jafar, new managing director of Premier Bank

He has 34 years of experience in banking
24 April 2024, 12:10 PM

Deposits safe in banks being merged: BB

Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, Bangladesh Bank said in a statement yesterday.
23 April 2024, 18:15 PM
23 April 2024, 15:41 PM

Padma Bank MD resigns

NRB Bank appoints him as MD after that
23 April 2024, 12:43 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 PM

Aziz Mohammad Bhai buys 27 lakh new shares of Olympic Industries

He now holds 17 percent or Tk 499 crore worth of shares of the company
22 April 2024, 14:04 PM

BDBL board okays merger with Sonali Bank

As of December 2023, BDBL had Tk 982 crore bad loans and Sonali Tk 13,150 crore
21 April 2024, 12:41 PM

Basic, National Bank Mergers: People withdrawing money in panic

A recent rush to withdraw money from the BASIC Bank and National Bank is worsening the situation the troubled institutions are facing.
20 April 2024, 18:00 PM

Pubali Bank posts highest ever annual profit in 2023

The bank made Tk 695.12 crore, a 30% rise year-on-year
20 April 2024, 15:15 PM