Bank Asia re-elects vice chairmen

Bank Asia has re-elected Mohd Safwan Choudhury and AM Nurul Islam Anu as vice chairmen, the bank said in a statement.
2 April 2015, 18:00 PM

Bangladesh is a top destination for producers leaving China: HSBC

Bangladesh is one among the three countries that China-based factories are planning to shift their production facilities to, as the
1 April 2015, 18:00 PM

IFIC's new deputy managing director

Fariduddin Al Mahmud and Shah Md Moinuddin have recently been made deputy managing directors of IFIC Bank.
1 April 2015, 18:00 PM

Anis A Khan to serve MTB as chief until 2019

The Board of Mutual Trust Bank has recently extended the contract of Anis A Khan as its managing director for another four years to
1 April 2015, 18:00 PM

Rouf Chowdhury re-elected as Bank Asia chairman

A Rouf Chowdhury was re-elected as the chairman of Bank Asia on Tuesday.
1 April 2015, 18:00 PM

Thoughts for Bangladesh Bank

The debate on creating an optimal monetary policy is continuously evolving. Over the years, various stakeholders and experts have
1 April 2015, 18:00 PM

Citi's top Asean officials in Dhaka

Michael Zink, Citi's head of businesses in Asean and country head in Singapore, will arrive in Dhaka for a two-day visit today.
31 March 2015, 18:00 PM

Forex reserves cross $23b, again

The country's foreign currency reserves crossed $23 billion yesterday for the second time in a month.
31 March 2015, 18:00 PM

StanChart to honour agriculture heroes for second year

Standard Chartered Bangladesh is set to hold the second edition of its AGROW Award in May to felicitate the country's agriculture heroes.
31 March 2015, 18:00 PM

Loan to women entrepreneurs made mandatory

Commercial banks and non-banking financial institutions must provide minimum Tk 50,000 as loan to at least a woman entrepreneur each year
28 March 2015, 05:21 AM

Brac Bank, Transfast launch direct deposit service

Transfast and Brac Bank have launched online money transfer services for customers of the US-based company, enabling them to
26 March 2015, 18:00 PM

Non-banks' CEOs cannot be fired without central bank's permission

Like banks, chief executives of non-bank financial institutions now cannot be removed or suspended without approval from
25 March 2015, 18:48 PM

Dhaka, Ctg banks stay open this weekend

All banks in Dhaka and Chittagong metropolitan areas will stay open this weekend – Friday and Saturday – for the upcoming city corporation polls
25 March 2015, 06:42 AM

BB relaxes banks' provisioning rules for mutual funds

The central bank has relaxed the provisioning requirements for banks against their investment in mutual funds in light of the
12 March 2015, 18:00 PM

State banks' turnaround in 2014

Four state banks raised their performance last year following close monitoring by the central bank and the finance ministry's banking division.
7 March 2015, 23:54 PM

EBL, Mihin Lanka offer free stay in Colombo

Eastern Bank has teamed up with Mihin Lanka Airlines to offer the bank's cardholders a three-night complimentary stay at a hotel in Sri Lanka.
5 March 2015, 19:51 PM

BB warns non-banks against wrongdoings

The central bank yesterday warned the chief executives of non-bank financial institutions not to act irresponsibly and indulge in irregularities.
3 March 2015, 19:47 PM

Costly shift to new credit cards will not fix security issues in US

New technology about to be deployed by credit card companies will require US consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals.
3 March 2015, 19:41 PM

Barclays bank slides into annual net loss

Barclays fell into a net loss last year, the British bank said Tuesday, hit by huge costs linked to its alleged role in the rigging of foreign exchange markets.
3 March 2015, 19:32 PM

Swiss raid HSBC in money laundering probe

Swiss authorities yesterday raided the offices of British banking giant HSBC's Swiss unit as part of a money laundering probe into the bank that has been accused of helping clients to dodge millions of dollars in taxes.
18 February 2015, 19:07 PM