BKB gets new managing director

Bangladesh Krishi Bank recently witnessed the appointment of a new managing director .
22 December 2021, 18:00 PM

UCB to issue Tk 1,000cr bond

United Commercial Bank (UCB) has decided to issue a subordinated bond worth Tk 1,000 crore for seven years in a bid to strengthen its capital base.
22 December 2021, 18:00 PM

Union Capital MD barred from joining Islamic Finance

The central bank has asked Islamic Finance and Investment Ltd (IFIL) not to recruit Chowdhury Manzoor Liaquat as its managing director.
22 December 2021, 18:00 PM

IMF approves final round of debt relief for poor countries

The IMF said Monday it had approved the fifth and final round of debt relief under a program meant to help the world’s poorest nations weather the Covid-19 pandemic.
21 December 2021, 18:00 PM

Remittance may exceed $25b this fiscal year: Kamal

Finance Minister AHM Mustafa Kamal yesterday hoped that the country’s remittances might exceed $25 billion this fiscal year based on robust inflow from expatriate Bangladeshis in the next two Eid festivals.
20 December 2021, 18:00 PM

Bank Asia celebrates Bangladesh’s golden jubilee

Bank Asia celebrated the Golden Jubilee of Bangladesh in a lively event yesterday.
16 December 2021, 18:00 PM

Mostaque named Dhaka Bank DMD

Dhaka Bank Ltd recently promoted Md Mostaque Ahmed to deputy managing director with effect from December 1.
15 December 2021, 18:00 PM

Loans at your fingertips

Borrowing loans has now become super easy for about a third of the population in Bangladesh thanks to bKash and City Bank as they have joined hands to roll out digital loans that are spreading around the world.
15 December 2021, 18:00 PM

BB relaxes rules on showing interest earnings

Banks can show their interest earnings or profits of the current calendar year for realisation of a fourth of the loans payable by borrowers in 2021, said the Bangladesh Bank yesterday.
14 December 2021, 18:00 PM

Meghna Bank wins Global Economics award for 2021

Meghna Bank Ltd has been awarded the “Fastest Growing Corporate Bank in Bangladesh” title for the year 2021 by The Global Economics Ltd, a UK-based financial publication and a quarterly business magazine.
14 December 2021, 18:00 PM

Maiden green zero-coupon bond for SMEs

Standard Chartered Bank has arranged the first green zero-coupon bond in Bangladesh for Sajida Foundation, a non-governmental organisation.
13 December 2021, 18:00 PM

NRBC Bank wins South Asian Business Excellence Award

NRBC Bank has won the South Asian Business Excellence Award-2021 at an event in Colombo, Sri Lanka.
11 December 2021, 18:00 PM

Bank Asia participates in human chain programme

Bank Asia Ltd has participated in a human chain programme as a part of its observance of International Anti-Corruption Day 2021, organised by the Anti-Corruption Commission.
9 December 2021, 18:00 PM

EBL opens Japan desk to woo investors

Eastern Bank Ltd yesterday set up the EBL Japan Business Desk as part of its efforts to attract Japanese entrepreneurs and make their investment journey to Bangladesh smooth.
9 December 2021, 18:00 PM

Brac Bank, Link3 Tech sign payment gateway agreement

Brac Bank Ltd has signed an agreement with Link3 Technologies Ltd recently to deploy the bank’s payment gateway in online platform of the IT solutions provider.
8 December 2021, 18:00 PM

Loan write-offs decline as banks lose strength

Loans written off by banks in Bangladesh nosedived as lenders’ ability to keep 100 per cent provisioning against delinquent assets has squeezed amid business slowdown caused by the coronavirus pandemic.
6 December 2021, 18:00 PM

Selim RF Hussain to lead Brac Bank to 2026

Selim RF Hussain, current managing director and chief executive officer of Brac Bank, has had his contract extended by around five more years till March 2026. 
5 December 2021, 18:00 PM

Islamic banking now at all City Bank branches

City Bank, one of the oldest banks in Bangladesh, yesterday rolled out its Islamic banking service in all branches and sub-branches throughout the country.
4 December 2021, 18:00 PM

Poor recovery from default loans new headache for banks

The recovery from default loans has failed to keep pace with escalating delinquent assets in Bangladesh, hitting banks’ income and cash flow.
4 December 2021, 18:00 PM

Banks and NBFIs, a doorway to home

Most people, especially those from the middle and lower-income brackets, usually choose to buy a ready apartment or flat rather than build their own home.
2 December 2021, 18:00 PM