Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today. 

At least 60 per cent of sub-branches will have to be in areas located outside city corporations and top-tier municipalities, according to a Bangladesh Bank notice today. 

The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.

Finance Minister AHM Mustafa Kamal today requested China-led Asian Infrastructure Investment Bank (AIIB) to extend more budget support and ease loan conditions the way the World Bank has done for Bangladesh.

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.

Dhaka Bank recently promoted Akhlaqur Rahman and Sheikh Abdul Bakir to the post of deputy managing directors.

Pubali Bank Limited and the Bangladesh Bank signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country.

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.

Kazi Abdur Rahman joined Rajshahi Krishi Unnayan Bank (Rakub) in the post of deputy managing director (DMD) recently.

NCC Bank recently signed an agreement with Millennium Information Solution for the supply and implementation of “NCC Islamic Banking Solutions” software. 

Islami Bank Bangladesh Ltd has received consent from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 800 crore by issuing subordinated bonds.   

Kazi Khurram Ahmed has been elected vice-chairman of Standard Bank at a meeting of the board of directors recently. 

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.

The Bangladesh Securities and Exchange Commission (BSEC) has approved an open-ended mutual fund named Grameen Bank AIMS First Unit Fund.

Bangladesh Bank has printed a commemorative note of Tk 50, marking the launch of the country’s first metro rail tomorrow, the central bank said today.

Bangladesh Securities and Exchange Commission (BSEC) has approved Islami Bank’s fourth subordinated bond worth Tk 800 crore.

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.

Pubali Bank has got go-ahead to raise Tk 700 crore through its third subordinated bond.