Banks in Bangladesh yesterday decided they will pay Tk 107 for each US dollar purchased from exporters in a bid to implement a single exchange rate system, replacing the existing multiple rate system.

Exporters, remittance recipients will get Tk 107 for $1

They are Brac Bank, City, Dutch-Bangla, Eastern, NCC, Premier and Mercantile

With effect from today, Hasan replaced Ahsan H Mansur

Robi now has to give answer to Mahtab's lawsuit

No bank in Bangladesh has ever made so much profit in a year

It increased by Tk 10,954 crore to hit Tk 131,621 crore in March

Exim Bank Ltd’s board has approved a proposal to issue a Tk 600 crore mudaraba subordinated bond.

Banks that are not investing funds to improve their digital banking platform will not be found in Bangladesh after 5-7 years, according to Selim RF Hussain, chairman of the Association of Bankers, Bangladesh (ABB).

Pubali Bank Limited and Malaysia-based Mahkota Medical Centre have signed a memorandum of understanding (MoU) over medical services.

ABB Chairman Selim RF Hussain says at ABB summit

Its profit fell to Tk 10.16 crore from Tk 17.33 crore in 2021

The unsecured loan is named Mudaraba Subordinated Bond (5th Issue)

The direction came through a Bangladesh Bank notice May 24

United Commercial Bank (UCB) launched a logo of its “Agro CSR Project 2023” titled “Voroshar Notun Janala.”

Social Islami Bank Ltd and Southeast Bank Ltd have received permissions from the Bangladesh Securities and Exchange Commission (BSEC) to declare stock dividends for the financial year that ended on December 31, 2022.   

Farhan Talib, regional general manager for Singapore and China at HBL, and Cheng Wei (Amanda), country manager and head of financial institutions of China and branch manager of HBL Beijing, came to visit Bangladesh on Monday.

Banks will have to keep provisions if the market price of the investments made in listed and non-listed companies falls or their net worth deteriorates, according to the central bank.

BTA Wealth Management spent Tk 111 crore for over 2% stakes in IBBL

BB governor says at ABB's summit