NCC Bank gets new DMD

Abu Zafore Md Saleh has recently been promoted to deputy managing director of NCC Bank.
9 June 2015, 18:00 PM

Microcredit's Grameen rate of interest

It is often said that the financing charges, in the form of interest, as applicable to microcredit operations, including that levied by
30 May 2015, 18:00 PM

Large loan restructuring policy: criticisms and answers

On January 29, Bangladesh Bank issued a new Large Loan Restructuring Policy (LLRP). Concerns have been expressed in some quarters
30 May 2015, 18:00 PM

HSBC bullish on Bangladesh

Bangladesh will post strong economic growth and see a bullish trend in exports up to 2030, according to a forecast by UK-based banking giant HSBC.
30 May 2015, 18:00 PM

National Bank launches MasterCard platinum credit card

National Bank launched the MasterCard platinum credit card at an event at the Westin hotel in Dhaka on Wednesday.
28 May 2015, 18:00 PM

Dhaka Bank official selected for advisory council of World Brand Congress

Khandaker Anwar Ehtesham has recently been selected as advisory council member of CMO-Asia's World Brand Congress.
27 May 2015, 18:00 PM

Grameen Bank gets retrospective tax break at last

The National Board of Revenue has extended tax exemption benefits to Grameen Bank, clearing the Nobel Prize-winning organisation from the obligation to pay Tk 77.65 crore in tax.
20 May 2015, 18:00 PM

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.
20 May 2015, 14:39 PM

Banks' lending rates drop

Banks' average lending rate came down to 11.93 percent in March, the lowest in two years, riding on lenders' falling cost of funds and measures aimed at reducing expenditures.
19 May 2015, 18:00 PM

NCC Bank aspires to be at the top

Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank's efforts as it aspires to become one of the most beloved commercial banks in four years, its chief executive officer said.
18 May 2015, 18:00 PM

BB defends new large loan policy

Bangladesh Bank has introduced a large loan restructuring policy to stand by all businesses in trouble, Governor Atiur Rahman said.
13 May 2015, 18:00 PM

HSBC bank logs higher profits amid probes

Scandal-hit global bank HSBC on Tuesday posted rising quarterly profits, but added regulators have requested more information about its controversial Swiss division.
6 May 2015, 18:00 PM

WB gives $200m to improve livelihoods of rural poor

The government yesterday signed a $200 million financing agreement with the International Development Association (IDA) for the Nuton Jibon Livelihood Improvement Project.
5 May 2015, 18:00 PM

ADB vows reforms to stay relevant

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
5 May 2015, 18:00 PM

Banks join hands with ADB for infrastructure funds

The Asian Development Bank has signed an agreement with eight global banks to work together to advise governments on public-
4 May 2015, 18:00 PM

Banks make good cash recovery against bad loans

Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.
3 May 2015, 18:00 PM

ADB's lending capacity to go up 50pc

The Asian Development Bank's lending and grant capacity will rise to $20 billion in 2017, up 50 percent from the current level, which
2 May 2015, 18:00 PM

Use remittance to promote growth: ADB

Improving financial education of remittance recipients, expanding digital finance and promoting remittance-linked capital market
30 April 2015, 18:00 PM

Banks needlessly holding back staff beyond office hours

The central bank governor yesterday accused banks of holding up employees, including female staff, way past the banking hours, a
30 April 2015, 18:00 PM

New chairman for Jamuna Bank

Md Sirajul Islam Varosha has recently been elected as the chairman of Jamuna Bank.
27 April 2015, 18:00 PM