WorldRemit to deliver remittance via bKash

WorldRemit, a global digital money transfer service, joined hands with Brac Bank and bKash to offer remittance transfer services in Bangladesh.
27 November 2018, 18:00 PM

Govt's bank borrowing soars ahead of polls

The government has started borrowing heavily from banks in November after holding back in the previous three months to meet its growing cash requirement ahead of the national election in the next month.
27 November 2018, 18:00 PM

Prime Bank DMD made conf'ce scientific member

Md Touhidul Alam Khan, deputy managing director of Prime Bank, has recently been selected as a scientific committee member of 7th Annual International Sustainable Development Conference-2019, scheduled to take place in Bangkok next July.
24 November 2018, 18:00 PM

BIBM proposes Tk 200cr credit guarantee scheme for SMEs

The Bangladesh Institute of Bank Management (BIBM) yesterday proposed the government launch a Tk 200 crore credit guarantee scheme to encourage banks to lend more to small and medium enterprises.
15 November 2018, 18:00 PM

Agent banking expands fast

Agent banking, which takes banking services to the unbanked people, is going from strength to strength, with both deposit collection and loan disbursement on the rise.
15 November 2018, 18:00 PM

Dhaka Bank CEO reappointed

Dhaka Bank has recently witnessed the reappointment of Syed Mahbubur Rahman as managing director and CEO.
11 November 2018, 18:00 PM

Bank Asia brings banking services to apparel workers

Bangladesh's efforts to deepen financial inclusion took a step forward yesterday as Bank Asia launched the country's first-ever complete banking services on the premises of a garment factory.
10 November 2018, 18:00 PM

Control by a few detrimental to banks

Ownership of a number of banks by a few individuals and families has contributed to the deterioration of corporate governance in the banking industry and erosion of competitiveness of local lenders, a study said.
8 November 2018, 18:02 PM

SMEs still under-utilised

The potential of small and medium enterprises is yet to be fully utilised in Bangladesh although they have the ability to create numerous jobs and increase contribution to the gross domestic product, a study finds.
8 November 2018, 18:02 PM

EBL receives IFC global awards

Eastern Bank Limited (EBL) has recently received two global awards from International Finance Corporation (lFC) of World Bank Group.
8 November 2018, 18:01 PM

'Almost all' Pakistani banks hacked in security breach, says FIA cybercrime head

In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing says data from "almost all" Pakistani banks was looted in a recent security breach.
7 November 2018, 05:02 AM

UK, German banks struggle in EU 'stress tests'

British and German banks suffered the biggest potential financial hits in the latest round of "stress tests" released by EU regulators Friday, as risks such as Brexit and Italy's debts stalk Europe's economy.
3 November 2018, 18:00 PM

StanChart gets new country CFO

Standard Chartered Bangladesh has recently appointed its country chief financial officer (CFO).
31 October 2018, 18:00 PM

Green growth requires green minds

I am always at ease with the youths. I feel inspired whenever I get a chance to interact with them, be it in my class or in any programme.
31 October 2018, 18:00 PM

Brac Bank offers agent banking

Brac Bank has decided to go big with agent banking in a bid to get business by providing financial services to the unbanked.
30 October 2018, 18:00 PM

Bangladesh deserves more attention than it gets

Bangladesh should receive more attention than it gets as the country has been posting steady economic growth amidst various challenges and is set to grow even faster in the next decade, said a top banker of HSBC.
29 October 2018, 18:00 PM

$300m WB loans to boost cash transfer for poor

The government yesterday signed a $300 million loan agreement with World Bank to improve transparency and efficiency of its major cash transfer programmes for the poorest and vulnerable, including the elderly, widows and people with disabilities.
28 October 2018, 18:00 PM

StanChart to play bigger role in Bangladesh

Standard Chartered wants to play a larger role in fostering the economic, financial and social development of Bangladesh by promoting trade and investment and helping local companies go global, said the group chairman of the British lender.
27 October 2018, 18:00 PM

Premier Bank posts 43.6pc rise in profits

Premier Bank posted more than 15 percent growth in credit and deposit in the last one year, which helped the lender make a healthy profit.
25 October 2018, 18:00 PM

Top management's failure at the heart of banking woes

The current ailments in the banking sector -- such as soaring non-performing loan, liquidity crisis, loan scams and forgery -- are due to lack of strong leadership, said a top official of the central bank.
22 October 2018, 18:00 PM