Dhaka February 22, 2025, 3:49 pm
Nine banks out of 57 failed to keep requisite provisions against loans, particularly classified ones, during the period under review. Of them, three are state-owned commercial banks (SoCBs), five private commercial banks (PCB
Nine new banks — Meghna Bank, Midland Bank, Modhumoti Bank, NRB Bank, NRB Commercial Bank, NRB Global Bank, South Bangla Agriculture and Commerce Bank, The Farmers Bank and Union Bank — are suffering the most in collecting de
AB Bank will launch two new products-Visa International Debit Card and Deposit Double Installment Scheme- Monday.
Total size of fund is $416.70 million, provided jointly by the World Bank and the government. Of the fund, $13 million has been included as technical assistant
The Bangladesh Bank (BB) sold US$ 55 million directly to two commercial banks on Monday to meet the growing demand for the greenback in the market
The government will give Tk 20 billion to seven financial institutions --- three state-owned banks (SoBs), three specialised banks and the restructured Grameen Bank (GB)
A total of around Tk8,060 crore was invested on savings certificate in January, 2018, said BB’s updated report. According to the report, this is the highest amount invested in a month in this fiscal year 2017-18. According to
IMF suggests tighter eligibility criteria and move towards market-based pricing to reduce reliance on national savings certificates, help strengthen financial intermediation and expand the capital market
Bangladesh Bank increased the exchange rate of the dollar to BDT 82.96. The average daily inter-bank USD-BDT transaction volume was about USD 123.21 million against USD 156.72 million of the preceding week
The government will not let any bank to shutdown, Muhith said.
Cautious Bank of Japan holds line on monetary policy
The central bank's latest quarterly report on financial inclusion shows that a total of Taka 1,362.96 crore was deposited with 14,53,936 school banking accounts at 56 scheduled banks up to December 31, 2017 which was Taka 1,0
A joint committee of the Ministry of Finance (MoF) and the Bangladesh Bank (BB) will be formed to realise Tk 96.69 billion from 25 top default companies
Luna Shamsuddoha, a prominent ICT entrepreneur, yesterday took over as the chairman of Janata Bank, making her the first woman chairman of any state-owned bank
Asian Development Bank (ADB) President Takehiko Nakao today committed to further strengthen ADB’s 45-year partnership with the country, said a statement. In his discussions, Mr. Nakao acknowledged Bangladesh’s impressive eco
The operation of the China-led Asian Infrastructure Investment Bank (AIIB) is likely to expand further in the coming days in Bangladesh as five more projects are in the pipeline of this multilateral lending agency with an ove
Among the 57 banks in the country, four state-owned - Sonali Bank, Rupali Bank, Janata Bank and Basic Bank- are facing a capital crisis of Tk 76.26 billion, The three private banks - Bangladesh Commerce Bank, Farmers Bank and
The Financial Institutions Division has nominated the former bureaucrat for the post
Local banking software makers are gradually losing market to the rival foreign companies due to 'poor functionality' of their products although these are cheaper in cost
Financial crime is not a new phenomenon in the banking world. In both developed and developing economies such crimes are generally committed by bank's staff, customers and others. In recent time, the call for creating ethical
