Dhaka March 13, 2025, 4:04 pm
A World Bank (WB) team is coming to Bangladesh next week to apprise the country of its various loan options, as the country graduated to the lower-middle-income country status few years ago, officials said on Tuesday.
The majority of banks don't maintain database to assess the financial impact of internal audit (IA) on many types of performances of banks, a survey revealed on Monday.
The Bangladesh Bank will unveil its monetary policy statement (MPS) for the first half of the current fiscal year (2019-20) on Wednesday.
The board of directors of The City Bank Limited has decided to raise Tk 4.0 billion through issuance of perpetual bonds, said an official disclosure on Monday.
Mutual Trust Bank (MTB), a leading private commercial bank, has witnessed a steady growth in financial indicators.
Islami Bank Bangladesh Limited organized business development conference at the Jamuna Future Park Convention Center in Dhaka on 27 July 2019, Saturday.
State minister for ICT division Zunaid Ahmed Palak inaugurated the services on the premises of the ministry on Tuesday, says a press release.
Finance Minister AHM Mustafa Kamal has reiterated that those who are involved in the banking sector irregularities would not be spared.
Chairman of the Association of Bankers, Bangladesh (ABB) Syed Mahbubur Rahman has claimed that there is no pressure from the central bank to lower the interest rates in the banking sector to in between 6 and 9 percent.
The newly-appointed liquidator for the People's Leasing and Financial Services Limited (PLFSL) is expected to take over the responsibility of the trouble-torn non-banking financial institution (NBFI) soon.
The central bank has allowed Private Foreign Currency (PFC) account-holders to use their accounts' balance for making import payment obligations, officials said.
Bazal Ahmed has been elected vice chairman of the United Commercial Bank Limited (UCB) at the 439th board meeting of the bank. He is also a member of the executive committee of UCB.
The central bank said as a regulator it will not shoulder the responsibility of failure on the part of the People's Leasing and Financial Services Ltd (PLFSL), which is now facing liquidation.
BRAC Bank Limited has come forward to provide scholarships to the meritorious students of Dhaka University's Business Studies Faculty as part of its corporate social responsibility.
The Asia Pacific Group (APG) on money laundering has assured Bangladesh of ratcheting up pressure on the Philippines to return the heisted reserve money, officials said.
The government has directed the specialised banks and financial institutions to work out their plans to recover money from all loan defaulters.
Dhaka Bank will decentralise its loan concentration from corporate to retail and small and medium enterprises (SME) to minimise credit risk, said the top executive of the leading private commercial bank (PCB) recently.
Islami Bank Bangladesh Limited has launched EMV Chip Card.
BRAC Bank Limited and Mohammad & Sons, a new venture of Meghna Group, have entered into a partnership agreement.
Ten banks, including six state lenders, suffered a total capital shortfall of over Tk 183 billion in the first quarter (Q1) of the year as rising troubled loans wiped out their profits.
