Muhith cancels press confce after governor’s resignation

Finance Minister AMA Muhith has cancelled his press conference minutes after the Bangladesh Bank governor resigned over the recent heist of $101 million out of the bank’s account with New York’s Federal Reserve Bank.
15 March 2016, 05:24 AM

Banking secy was unaware of BB cyber heist

Finance ministry's secretary for banking division says he was unaware of the cyber heist, where a sum of $101 million was swindled out, throughout the last month.
13 March 2016, 10:32 AM

Action against Bangladesh Bank: Muhith

The finance ministry will take action against Bangladesh Bank for not informing the government formally about the bank’s $101 million cyber heist, Finance Minister AMA Muhith says.
13 March 2016, 08:51 AM

FireEye hired to help probe Bangladesh Bank heist: Sources

FireEye Inc's Mandiant forensics division is helping to investigate a cyber heist at Bangladesh's central bank last month that netted more than $80 million, people familiar with the matter tell Reuters.
11 March 2016, 07:21 AM

StanChart's landmark bid to claw back bonuses faces legal quagmire

Standard Chartered's landmark attempt to claw back bonuses paid to staff deemed responsible for its current woes could be fraught
25 February 2016, 18:00 PM

DBBL introduces virtual cards for app developers

Dutch-Bangla Bank Ltd has rolled out virtual cards for individual app developers and programmers, solving the difficulties they face when making international transactions online.
24 February 2016, 18:00 PM

IFC buys 5pc of City Bank

The International Finance Corporation, the private sector arm of the World Bank Group, has invested more than Tk 131 crore to hold 5 percent of local City Bank's shares.
24 February 2016, 18:00 PM

StanChart posts first loss in 26 years as revamp costs bite

Standard Chartered reported its first annual loss since 1989 as hefty restructuring costs and weak commodity prices took their toll on
23 February 2016, 18:00 PM

New AMD for Standard Bank

Mamun-Ur-Rashid has recently been promoted to additional managing director of Standard Bank, the private commercial bank said in a statement yesterday.
21 February 2016, 18:00 PM

No bar to hijab while using ATM booths, says BB

There is no bar to wearing hijab while using ATM booths, Bangladesh Bank clarified the matter in a statement on Thursday.
18 February 2016, 15:28 PM

StanChart's senior official in town

Ananth Narayan, regional head of financial markets in Asean and South Asia for Standard Chartered, is in Dhaka on a three-day visit, the bank said in a statement.
17 February 2016, 18:00 PM

East European among ATM frauds

Police claim to have identified a foreigner, an East European, in connection to the ATM forgery from close circuit camera footage of a booth.
17 February 2016, 08:25 AM

BB orders tighter security for ATMs

The central bank yesterday asked all banks to tighten security, including installing anti-skimming devices at their ATM booths, in a bid to crack down on rising card frauds.
14 February 2016, 18:00 PM

Janata Bank reaches targets for 2015

Janata Bank has reached all but one of the performance targets for 2015, including reducing classified loans and making a profit.
10 February 2016, 18:00 PM

HC asks for probe reports on BASIC Bank loan scam

The High Court directs the Anti-Corruption Commission and Bangladesh Bank to submit probe reports on BASIC Bank loan scam.
9 February 2016, 11:13 AM

Credit growth up in Dec

Private-sector credit growth reached 14.19 percent in December 2015, which is 0.69 percentage point higher year-on-year.
7 February 2016, 18:00 PM

BB's deputy governors may get extension

Finance Minister AMA Muhith yesterday hinted that the tenure of three deputy governors of Bangladesh Bank would be extended.
1 February 2016, 18:00 PM

National Bank moves to sell SA Oil Refinery's mortgaged assets

National Bank Ltd has put up advertisements to sell off the mortgaged properties of SA Oil Refinery that failed to repay the lender about Tk 215 crore.
1 February 2016, 18:00 PM

Britain's HSBC back online after cyber attack

British bank HSBC said Saturday that its Internet and mobile banking services were fully up and running again after it was hit by a cyber-
30 January 2016, 18:00 PM

Allow review plea of Farmers Bank, SC asks BB

The Supreme Court directs Bangladesh Bank to allow Farmers Bank to seek review of the central bank’s order that fined the bank Tk 10 lakh for concealing information.
28 January 2016, 05:12 AM