Trust Bank’s profit grows 3% in Q3 

Higher net interest and investment Income drove the marginal profit growth
3 November 2024, 09:08 AM

Cyber intelligence detects illegal transactions on dual currency credit cards

Bangladesh Bank recommends 17 cyber security measures for banks
2 November 2024, 14:47 PM

Bank Asia posts Tk 103 crore Q3 loss despite strong cash flow

The bank's Jan-Sep profit declined 42% year-on-year
2 November 2024, 08:03 AM

Eastern Bank’s Q3 profit down 23%

However, its profit grew more than 8% to Tk 462 crore in Jan-Sep 
2 November 2024, 06:45 AM

BB governor takes charge as Saarc Finance Network chairperson

The BB governor took the charge at the 46th Saarc Finance Governors' Group Meeting held in Washington on October 24
31 October 2024, 15:33 PM

US secret service to train Bangladeshi agencies

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training
31 October 2024, 14:55 PM

IFIC Bank's Q3 profit plummets 63% amid subsidiary struggles

Lower deposits caused its cash flow to turn negative
31 October 2024, 11:12 AM

Islami Bank incurs Tk 89 crore in loss in Q3

However, the bank made a profit of Tk 267 crore in the Jan-Sep period
31 October 2024, 06:36 AM

National Bank’s losses surge 40% in Q3

Failure to recover loans from defaulters caused the rise in losses 
30 October 2024, 09:53 AM

City Bank’s Q3 profit surges 41%

Robust investment gains and rising commissions led to a jump in profit
30 October 2024, 08:35 AM

Bangladesh’s GDP growth slows to 3.91% in Apr-Jun quarter

It is the lowest expansion in the four quarters of 2023-24 fiscal year
28 October 2024, 11:37 AM

Rupali Bank posts Tk 6 crore profit in Q3

The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year
28 October 2024, 09:27 AM

Exim Bank suffers a massive Tk 566 crore loss in Q3

The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits
28 October 2024, 08:43 AM

Tycoons linked to Hasina siphoned $17b from banks, BB chief tells FT

“This is the largest, most significant bank robbery by any international standard,” he said
28 October 2024, 03:15 AM

Mercantile Bank reports a massive 35% rise in profit in Q3

The bank also saw improved cash flow from core operations 
26 October 2024, 09:10 AM

SBAC Bank’s profits jump 158% in Q3

Higher investment income and lower expenses drive the bank’s profit growth
26 October 2024, 07:19 AM

Bank accounts of Sikder family members frozen

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days
22 October 2024, 12:59 PM

Bangladesh Bank hikes policy rate to 10% to curb inflation

This is the 11th time since May 2022 the BB hiked the repo rate to make money expensive for banks and tame demand to curb inflation.
22 October 2024, 08:18 AM

BB reduces repo auctions to one day a week

The new measure will be effective from November 1 this year
21 October 2024, 12:14 PM

Forex reserves on the rise: BB Governor assures stability

Bangladesh’s foreign exchange reserves are gradually increasing and stabilising, says Bangladesh Bank (BB) Governor Dr Ahsan H Mansur.
20 October 2024, 11:37 AM