The banking sector needs a central database of collateral as there is a tendency among borrowers to take multiple loans against a

Private banks have now turned their focus on bringing down their cost of funds to get a competitive edge over peers in the saturated

A special court in Pabna hands down a fugitive banker 15 years of imprisonment in a corruption case filed by Anti-Corruption Commission (ACC) and imposes a fine of over Tk 66.39 lakh.

Bangladesh Bank has doubled the credit card limit and extended the personal loan ceiling to support investment growth by stimulating consumption in the economy.

The Global Human Development Report suggests Bangladesh set up a remittance bank for easy and transparent inflow of the foreign wage earnings into the country.

Cyber security firm Kaspersky Lab says it has obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.

Shahid Hossain joined Social Islami Bank (SIBL) as chief executive officer on Wednesday. The bank also promoted Tarik Morshed as its additional managing director.

Four state-owned commercial banks saw higher credit growth at the end of December last year thanks to a surge in lending to small businesses.

The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, says.

Agent banking is gaining popularity, particularly among Bangladeshis living abroad, because of its convenient and cost-effective

Mercantile Bank will set up a subsidiary company to run its mobile financial services (MFS) in an effort to become a top player in the

A Dhaka court sentences a former bank cashier to three years’ imprisonment in a case filed for misappropriating Tk 38.78 lakh.

Brussels based inter-bank messaging system SWIFT says it has cut off North Korean banks under UN sanctions, after Belgium says it would no longer give authorization for such transactions.

A Chinese bank in collaboration with Grameen China has opened six branches in the country's Henan province which will follow the

Sonali Bank has sought consent from the central bank to transfer Tk 171 crore to its operation in the UK that is suffering from cash

The Central government is considering more steps to curb cash transactions even as a few banks have already started imposing charges after limited transactions. The government is now considering imposing a cap on cash holding limit as suggested by the SIT.

Slowdown in exports and weak remittance growth are the new challenges for Bangladesh's economy, said Mitsuhiro Furusawa, deputy

The base for a group of people involved in a Chinese version of a bank transfer scam has been found in Japan. The National Police Agency informs the Chinese Public Security Ministry of the discovery during a regular consultation meeting, according to sources.

The Posts and Telecommunications Division has sought approval from the prime minister to open a postal bank in order to take basic

The interest rate on banks' deposit fell drastically, much to the central bank's concern.