Exim-Padma Bank merger to take at least 18 months

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
18 March 2024, 18:00 PM

Banks can't impose any fine on supervision charges: BB

New guideline on supervision charge issued
18 March 2024, 14:25 PM

‘Govt agencies extorting restaurants in the name of raids’

The Bangladesh Restaurant Owners' Association (BROA) claims
18 March 2024, 13:28 PM

Exim Bank, Padma sign MoU for merger

The MoU will open the process of merger
18 March 2024, 05:31 AM

How far a tough central bank can help?

All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
16 March 2024, 18:00 PM

BRAC Bank launches bancassurance service

The bank will initially offer insurance products from MetLife Bangladesh and Green Delta Insurance
14 March 2024, 14:58 PM

Forex reserves fall below $20 billion after import payments

$1.29 billion import bills cleared last week, which brought down the reserves to $19.99 billion on Wednesday
14 March 2024, 14:48 PM

SM Mannan Kochi nominated as new BGMEA president

Syed Nazrul Islam new first vice-president and Khandoker Rafiqul Islam senior vice-president
14 March 2024, 11:44 AM

First-ever guideline for non-banks’ independent directors

The minimum age of such directors is 45 years and maximum 75 years
13 March 2024, 14:04 PM

Ban on foreign travel, trade licence, national award for wilful defaulters

Bangladesh Bank issues new guideline on wilful defaulters today
12 March 2024, 14:39 PM

Banks can voluntarily merge until December: Bangladesh Bank

After December, the central bank will take decision on merger, acquisition
12 March 2024, 13:32 PM

Banks to face half-an-hour downtime for four days from today

Banks should use alternative channels for card-based interbank transactions from 10:30pm to 11pm
11 March 2024, 12:52 PM

SM Mannan Kochi all set to be next BGMEA president

Kochi bagged all 35 posts of directors in the biennial election for 2024-26 tenure
9 March 2024, 18:53 PM

Good jobs hunting

According to Deloitte’s 2023 Gen Z and Millennial Survey, 49 percent of Gen Zs and 62 percent of millennials view work as part of their identity.
9 March 2024, 16:18 PM

Unilever Consumer Care’s profit surges 32%

Its earnings per share hit Tk 49.89 in 2023, up from 2022's Tk 37.9
9 March 2024, 14:55 PM

Farashuddin recommends introducing unified exchange rate

He spoke at the third AKN Ahmed Memorial Lecture on Central Banking
8 March 2024, 07:55 AM

DSE Ramadan trading hour 10am to 1:30pm

The Dhaka bourse also cuts Ramadan office time to 3:30pm
7 March 2024, 11:15 AM

Gold price makes new record

From March 7, a bhori of 22-carat gold will cost Tk 112,907
6 March 2024, 13:42 PM

Moringa stick imports rise ahead of Ramadan

Businesses brought in 400 tonnes of the vegetable in February
6 March 2024, 11:00 AM

Asiatic Laboratories’ stock market debut tomorrow

The company earlier raised Tk 95 crore through IPO
5 March 2024, 13:42 PM