Merge weak banks with strong ones: analysts

The government should consider merging weak banks with the strong ones for the betterment of the sector and the economy, analysts said yesterday.
16 January 2016

Challenges to banks' good governance

BANGLADESH Bank is committed to establishing good governance practices in banks and financial institutions besides fulfilling its core objectives like employment maximisation and price stability in the country.
13 January 2016

Banks borrow from BB after a four-year gap

After a gap of more than four years, some commercial banks have recently borrowed money from the central bank through repo auction.
13 January 2016

BB lines up $200m green fund for textile, leather makers

Bangladesh Bank is set to form a $200 million fund to provide low-cost loans to textile and leather industries for switching to
12 January 2016

EBL Nest: a hotbed of creativity

As is common in big institutions, ideas of those lower down the hierarchy tend to get lost.
12 January 2016

Economic growth to keep up momentum: WB

Bangladesh's economic growth will keep up its momentum this fiscal year despite pressure on the budget from a salary hike for
7 January 2016

Indian state banks likely sold dollars to stem rupee fall

State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three
4 January 2016

Little cheer for state banks in 2015

State-owned commercial banks saw their operating profits decline 4.69 percent year-on-year in 2015 owing to low credit growth and
4 January 2016

More banks found paying zero tax in UK

Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the
3 January 2016

Banks' capital base strengthens

Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private
3 January 2016

Low-cost loans, lands a must to boost investment: MCCI

The leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) demanded a single-digit interest rate on bank loans, low-
3 January 2016

Banks saw slim profits in 2015

Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first
2 January 2016

Banks can't take fees from job applicants

Bangladesh Bank yesterday directed all banks not to take any fee in the form of pay orders or bank drafts from job applicants.
29 December 2015

2015: A bumpy year for banks

Banks saw less profit in 2015 owing to low credit demand, cautious lending policy and the sluggish business environment.
28 December 2015

Two banks, steelmaker to raise Tk 895cr in bonds

Bangladesh Securities and Exchange Commission or BSEC yesterday allowed two banks and a steelmaker to raise Tk 895 crore by issuing bonds.
28 December 2015

India's bank for rural poor is growing fast: top official

A bank targeting the rural poor has recently started its journey in India and has so far managed almost 100 percent loan recovery rate.
28 December 2015

BB eases rules for banks' investment in stocks

Bangladesh Bank has relaxed the rules related to banks' investment in stocks in a move that analysts say would boost the ailing market.
20 December 2015

WB, Bangladesh on track to solid partnership

A strong partnership could be developed between the World Bank and Bangladesh following the country's recent graduation to the lower middle-income bracket, the chief economist of the multilateral lender said yesterday.
14 December 2015

BASIC fires four bankers for scam

Scam-hit BASIC Bank has dismissed four of its top officials on grounds of financial irregularities.
9 December 2015

WB chief economist to visit Dhaka next week

World Bank Chief Economist Kaushik Basu arrived in Dhaka yesterday at the invitation of Bangladesh Bank.
7 December 2015