Banks tempt Eid shoppers with offers
Banks have tied up with clothing brands, supermarket chains and restaurants in the contest to get customers to
20 June 2017, 18:00 PM
Local brands outshine imports
The dominance of clothing items imported from India, Pakistan and Thailand during Eid is gradually eroding as
18 June 2017, 18:00 PM
Curious case of Chittagong connection
Another little known Chittagong-based company, JMC Builders Ltd, has secured a position on the board of Islami Bank, the largest
13 June 2017, 18:00 PM
BD Welding halts production for cash crisis
Bangladesh Welding Electrodes, a private limited company listed with the stock market, has kept its business activities on a hiatus due to a severe cash crunch.
10 June 2017, 18:00 PM
Interest rate on deposits now below inflation
Interest rate on deposits slid below the 5-percent mark and well under the inflation rate, compounding the woes of savers who have already been hit by a large hike in excise duty on their balances.
5 June 2017, 18:00 PM
Minting money thru' banks
The government has been championing the cause of financial inclusion in recent years but, paradoxically, it is progressively penalising
1 June 2017, 18:00 PM
Underperforming banks should merge
The banks that are failing to keep pace with the fast-growing financial sector should merge with each other, according to a top banker.
31 May 2017, 18:00 PM
Sales of savings tools beat target
Sales of savings instruments in the first 10 months of the fiscal year overshot the government's full-year target by more than two times thanks to the substantially higher returns offered by the investment tool.
31 May 2017, 18:00 PM
Slow remittance flow to hurt economy: analysts
Remittance slid 16 percent year-on-year in the first ten months of the fiscal year in continuation of the sluggish
30 May 2017, 18:00 PM
Sonali Bank to inject Tk 50cr into Kolkata branch
Sonali Bank has decided to inject Tk 50 crore as fresh capital into its branch in Kolkata to support business activities.
28 May 2017, 18:00 PM
Islami Bank in dire straits
Islami Bank, the largest and most profitable bank in the country, has plunged into a bout of infighting within just five months of wholesale restructuring of the board of directors and top management.
22 May 2017, 18:00 PM
Business opportunities rising in Bangladesh
Foreign companies should invest in Bangladesh as the opportunities the country offers far outweigh the challenges, said a top banker.
20 May 2017, 18:00 PM
Banks irked by interest rate cap on credit cards
Bangladesh Bank's decision to cap the interest rate on credit card came as a shock for the banking industry,
20 May 2017, 18:00 PM
Default loans rise to 10.53pc
The nonperforming loans in the banking sector increased by Tk 11,237 crore in the first three months of 2017 -- a development that
16 May 2017, 18:00 PM
Four state banks' Tk 27,700cr loans caught in legal tussle
The credit amounts of the four state banks that are stuck in lawsuits pending with the money loan court rose Tk 5,600 crore in 2016.
15 May 2017, 18:00 PM
AB Bank faces fund crisis for bad loans
AB Bank is facing financial crunch after its provision shortfall totalled Tk 1,340 crore at the end of 2016.
10 May 2017, 18:00 PM
Mobile wallet use rises despite stricter curbs
The transaction through mobile financial services increased 10.23 percent to Tk 72,578 crore in the three months to
6 May 2017, 18:00 PM
Private sector credit growth picks up
Private sector credit growth crossed the 16 percent mark for the first time in six months in March on the back of
2 May 2017, 18:00 PM
Offshore banking getting popular among investors
Offshore banking, the unit of commercial banks that gives out foreign currency loans, is increasingly getting popular
27 April 2017, 18:00 PM
Insurers can partner with banks to spread reach
Bangladeshi insurers should partner with banks in an effort to penetrate deep into the country's booming villages
24 April 2017, 18:00 PM