Sonali Bank chairman quits

Sonali Bank Chairman AHM Habibur Rahman resigned unexpectedly from his post on Sunday, just eight months short of the end of his tenure.
20 April 2015, 18:00 PM

UCB re-elects chairman

MA Hashem has been re-elected as the chairman of United Commercial Bank, the bank said in a statement yesterday.
19 April 2015, 18:00 PM

HSBC regional head due today

Tim Evans, HSBC's regional head for mid market enterprises under commercial banking in Asia Pacific, is scheduled to arrive in Dhaka for a two-
19 April 2015, 18:00 PM

BB to launch new pension scheme for NRBs

Bangladesh Bank plans to introduce a pension scheme for non-resident Bangladeshis (NRBs) soon to lure more of their earnings into the country.
19 April 2015, 18:00 PM

Queen Maxima of Netherlands praises financial inclusion in Bangladesh

Queen Maxima of the Netherlands has appreciated the growth of financial inclusion in Bangladesh and expressed her interest to visit the country
19 April 2015, 18:00 PM

Bangladeshis pay highest migration costs worldwide: WB

Bangladeshi migrant workers pay the highest recruitment costs in the world, the World Bank said in a report. Citing a recent survey by the Global Knowledge Partnership on Migration and Development, the WB said worker-paid recruitment costs averaged $1,955 in Kuwait with the Bangladeshis paying the highest, ranging between $1,675 and $5,154.
19 April 2015, 18:00 PM

Unrest biggest risk to near-term outlook: WB

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.
16 April 2015, 18:00 PM

Prime Bank to celebrate 20th anniversary

Prime Bank Managing Director Ahmed Kamal Khan Chowdhury yesterday announced a number of programmes to celebrate its 20th anniversary today.
16 April 2015, 18:00 PM

StanChart top official in town

Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important
15 April 2015, 18:00 PM

Exim Bank appoints new deputy MD

Mohammad Feroz Hossain has been promoted to deputy managing director of Exim Bank, the bank said in a statement yesterday.
11 April 2015, 18:00 PM

StanChart to identify new growth areas for Bangladesh

Standard Chartered Bangladesh will continue to support sectors that have driven the country's economic growth for decades and will
11 April 2015, 18:00 PM

Exchange rate remains stable

The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign
11 April 2015, 18:00 PM

Performance targets for state banks

The finance ministry has for the first time set 13 annual performance targets for the 14 state-owned financial institutions, including
9 April 2015, 18:00 PM

Prime Bank's new DMD

Ahmed Shaheen has joined Prime Bank as deputy managing director, the bank said in a statement yesterday. Prior to joining, Shaheen
8 April 2015, 18:00 PM

CPD questions budgetary support from World Bank

The Centre for Policy Dialogue is not in favour of the government's move to seek budgetary support from the World Bank, as the
5 April 2015, 18:00 PM

Interest rates on savings instruments may fall

Finance Minister AMA Muhith has hinted that the government may cut interest rates on savings instruments in the next fiscal year.
5 April 2015, 18:00 PM

MRDI, City Bank step up CSR efforts

Businesses can complement government efforts to empower women and ensure welfare of children as part of corporate social
5 April 2015, 18:00 PM

Pubali Bank re-elects top officials

Hafiz Ahmed Mazumder has recently been re-elected as the chairman of Pubali Bank.
4 April 2015, 18:00 PM

Bank Asia re-elects audit committee chair

Bank Asia has re-elected Mohammed Lakiotullah as the chairman of its audit committee.
4 April 2015, 18:00 PM

Islami Bank weighed down by bad loans to Ananda Shipyard

Provisions for Ananda Shipyard's bad loans have been eating up Islami Bank Bangladesh's profits as it had to set aside Tk 178 crore a
4 April 2015, 18:00 PM