Dhaka September 20, 2024, 8:56 am
Expressing satisfaction over the Bangladesh economy, Deputy Managing Director of International Monetary Fund Misuhiro Furusawa has said he is anxious about the prevalent loan defaults in the banking sector
Despite the country’s remarkable progress in improving access to water and sanitation, 41 percent of all improved water sources are contaminated with E Coli bacteria which suggest a high prevalence of fecal contamination.
Improper KYC (Know Your Client) by agents is the main reason behind such anonymous transactions, which are triggering such money laundering
The World Bank Group has unveiled a new system on Thursday to rank countries based on their success in developing human capital, an effort to prod governments to invest more effectively in education and healthcare
Banks are allowed to maintain both CRR and SLR with the Bangladesh Bank (BB) only for net investment in subordinate bonds instead of the previous gross investment amount
The Bangladesh Bank (BB) sold $45 million to different commercial banks in the week to meet the growing demand for the greenback in the foreign exchange (forex) market
The government removed Manik Chandra Dey, an additional secretary at the Financial Institutions Division, and Abdul Haque, a former executive director at the Bangladesh Bank from the state-owned bank's board of directors on W
The World Bank (WB) has approved $515 million US dollar for three projects in Bangladesh to improve coastal and marine fisheries, forest management, and rural roads
The SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the global provider of secure financial messaging services which most of the banks across the world use to carry out financial transactions
The findings were revealed at a roundtable discussion on 'Costs for Compliance with Regulations in Banks' organised by Bangladesh Institute of Bank Management (BIBM) held in the city.
Experts noted that 93 per cent of the total Tk 2,370.39 billion loan, disbursed as green finance between 2013 and 2017, has been loaned under the category of indirect green finance
The decomposition of headline inflation shows that of the 5.78 per cent inflation in June 2018, almost three-fourths of the increase (4.30 per cent) came from food inflation and the rest (1.48 per cent) from non-food inflatio
if any issue beyond the agenda is placed before the banks' board meetings, all the board members may not be pre-informed about it. As a result, directors may not give their opinions after properly examining various aspects of
The research identified human error as the key reason (69 per cent) behind security breach and data losses in the country's banking sector
Bangladesh Krishi Bank, Chairman, Mohammad Ismail’s father Alhaj Nur Mohammad Sikder (96) passed away today in Dhaka due to old age (Inna ...). We pray for his forgiveness.
Bangladesh House Building Finance Corporation (BHBFC) is set to distribute housing loan at 9 percent interest rate in Dhaka and Chattogram metropolitan areas.
An agreement has been signed between Bangladesh Krishi Bank and Titas Gas Transmission and Distribution Company Limited
School banking is gradually getting huge responses from the students across the country as deposits with the banking accounts crossed Taka 1,400 crore at the end of June 2018.
Defaulted loans in the country’s banking sector neared Tk 90,000 crore by the end of June as amount of such loans soared by 20.23 per cent or Tk 15,037 crore in the first six months of this year.
Number of commercial banks in the country has already exceeded 50 percent. Although salary and allowances by the bank are still less than 2 percent.