Dhaka March 13, 2025, 7:46 am
As part of the bank’s Corporate Social Responsibility, NCC Bank Chairman Md Nurun Newaz Salim handed over the cheque of Taka 50 million to Prime Minister Sheikh Hasina at Ganabhaban
Interest rates have to be slashed and they should be in single digits. Otherwise, investment will not accelerate along with employment generation
Non-Performing Loans (NPL) is one of the issues that is impacting capital adequacy of the industry, especially the eight state-owned commercial and specialised banks.
Finance Minister said that he had given list of the loan defaulters several times in the parliament
The country's macroeconomic management was sound. Inflation moderated to 5.4 % in FY2017 from 5.9% a year earlier
Manila-based international lender organisation ADB projected that Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year. They also projected that annual inflation rate may reach at 6.10 per cent in F
From the research findings, it appears that there is lack of understanding on IT Governance responsibility in banks. Banks should give proper attention to follow appropriate guidelines, standards and framework to successfully
WB will provide $450 million for Enhancement and Strengthening of Power Transmission Network in Eastern Region Project and the rest $65 million for the Bangladesh’s insurance sector development project
The banks, having the ADR above re-fixed limit, will have to submit monthly progress reports to the Department of Off-site Supervision (DOS) within 10 working days each month
Wage Earners' Welfare Board (WEWB) handed over Tk 1.0 billion on Monday. The amount has helped PKB to manage a total amount of Tk 4.0 billion, which is the required paid-up capital for a scheduled bank
The VAT officials have found payable liabilities on account of excise duty and VAT of the state-owned bank is Tk 355 million and Tk 53 million respectively between December 2017 and January 2018.
A four-member high-powered committee formed by Rupali Bank will visit Pakistan soon to withdraw existing shares of state-run Rupali Bank from Pakistan-based Summit Bank
With the financial assistance from IDB, state-owned Bangladesh House Building Finance Corporation (BHBFC) will provide low-cost home financing to low-income rural people living outside the metropolis of Dhaka and Chittagong
The five banks registered less than 2 percent or even negative growth in 2016
The theme of the summit was ‘Bangladesh Dialogue for the Next 10 Years’ with four keynote sessions, two insight sessions, and four panel discussions
Announcement raised concerns about the exit options for investors who currently hold crypto-currencies
They used electronic devices to relay answers to the examinees during government recruitment exams and public university admission tests
A project on the instrument will be taken up in the next fiscal budget. The finance ministry has started preparatory work. It will hold a high-level meeting sometime next week to scrutinise and discuss the issue
The new policy intends to help further accelerate project implementation and achieve better and faster development results by removing project implementation bottlenecks
Brac bank reported a consolidated net profit after tax of BDT 5,498 million in 2017 which was BDT 4,076 million in 2016. The consolidated operating profit increased to BDT 9,422 million from BDT 8,611 million in 2016
