Dhaka March 13, 2025, 3:09 am
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
The Asian Development Bank (ADB) has signed an agreement with Dutch-Bangla Bank Limited (DBBL) to provide $10 million in loans annually to support trade in Bangladesh
People are now increasingly taking recourse to putting their money in metal arks, commonly known as sinduk, to avoid extra costs and risks of saving with the banking system
Takehiko Nakao, President of the Asian Development Bank (ADB) is expected to come to Bangladesh on February 27 on a two-day visit
Scam-hit BASIC Bank has requested the government to make available a fresh fund worth Tk 25 billion to meet its huge capital shortfall urgently
The central bank now suggests providing loan instead of equity from the Equity and Entrepreneurship Fund (EEF) so the money can be recovered in the event of project failure
The Islamic Development Bank approved €94.7 million in loans for housing projects in rural Bangladesh at its board meeting
Southeast Bank Limited has recently signed an agreement with PRAN-RFL Group for nationwide distributors’ payment collection
India’s City Union Bank Ltd said on Saturday it had suffered three “fraudulent remittances” of nearly $2 million that had been pushed through the SWIFT financial platform
The Central Bureau of Investigation (CBI) detained two employees of Punjab National Bank, the state-run lender that says it has been the victim of a $1.77 billion fraud, in the first arrests in a fast-widening probe into the
BB Governor Fazle Kabir said there is no liquidity crisis in the country’s banking sector
Unknown hackers stole 339.5 million roubles ($6 million) in an attack on the SWIFT international payments messaging system in Russia last year
