A World Bank mission is expected to visit Dhaka next week to assess the progress in digitisation and modernisation of the VAT system in light of the government move to shelve the implementation of the new law for two years.

Banks are opting for bonds to raise their capital in line with Basel III requirements for their cost-effectiveness, instead of floating more shares on the stockmarket.

Mohd Safwan Choudhury and AM Nurul Islam Anu have recently been re-elected vice chairmen of Bank Asia.

AB Bank has run into a leadership vacuum after its managing director and chief financial officer were among the 16 accused of embezzling Tk 383 crore from the bank by the Anti-Corruption Commission.

Rising non-performing loans (NPL) and the dearth of quality personnel are the major challenges facing the banking sector, said a top banker.

A Rouf Chowdhury has been re-elected as the chairman of Bank Asia.

There is no behind-the-scenes pact between powerful central bankers to tighten policy but the potent effect their actions have on

The government has urged banks to channel Tk 20,000 crore into the power sector over the next six months to fast-track quick rental

Bangladesh Bank (BB) has updated its definition of micro, cottage, small and medium enterprises in line with the National Industrial

A Russian-based IT security firm said that banks interrupted by cyberhacking also have to deal with data loss, damage to brand reputation and leakage of confidential information.

M Shahidul Islam has joined Shahjalal Islami Bank as additional managing director, according to the bank.

The government yesterday signed agreements with the Asian Development Bank to get $300 million in loans to build a dual-gauge rail link between Chittagong and Cox's Bazar with the view to promoting trade and regional connectivity.

Jatiya Party lawmaker Ziauddin Ahmed Bablu blasts Finance Minister AMA Muhith for allocating Tk 2000 crore in a bid to refinance different state banks in the proposed budget for FY 2017-18.

Asean and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it

Bangladesh Bank is weighing the case for resetting the cap on credit card interest rate it had set last month following fervent protest from banks.

Transactions in Muse are becoming difficult as Chinese banks have frozen over 1,000 bank accounts with estimated deposits of Ks40 billion (US$29.42 million) belonging to Burmese traders.

Scam-hit BASIC Bank is set to get Tk 1,000 crore of taxpayers' money to once again meet its capital deficit despite criticism from economists.

Finance Minister AMA Muhith yesterday hinted that the government may withdraw the proposed increase in excise duty on account balance of more than Tk 1 lakh from 2017-18.

MA Mannan, state minister for finance and planning, yesterday hinted that the finance ministry may reconsider its proposal to hike the

Islamic banking is growing rapidly in Bangladesh with a market share of about 20 percent, though the country does not have a full-fledged law for the sector, according to a research.