Electronic transactions -- both mobile cash and online sales -- are tipped to cross the $300 billion-mark annually in the next five

The central bank's revised guideline on mobile financial services (MFS), now a draft, may impact business, ownership structures and competitiveness in the increasingly growing sector, a market research firm and securities analyst said.

The government's borrowing from the banking system increased five times in the first 29 days of the fiscal year from a year earlier on the back of revenue mismatch.

The central bank yesterday signalled cuts in policy rates in the coming months if inflation continues its downward trend.

Islami Bank Bangladesh has moved 16 notches up to rank 954th in 2015 among the top 1,000 banks of the world by The Banker magazine of the UK.

SM Abu Mohsin and Sohela Hossain have been elected as chairman and vice chairman of NCC Bank, the bank said in a statement yesterday.

The central bank's decision not to allow conventional banks to convert into Islamic banks has frustrated half a dozen lenders.

The central bank has raised the farm loan disbursement target by 5.5 percent to Tk 16,400 crore for the current fiscal year compared to the target last year.

The call money market, which usually gets volatile during the Eid, has remained calm this year, indicating that the financial institutions

Mobile banking will get a further boost as the central bank proposes to channel all financial payments through mobile phones under

Finding ways to boost investment and growth is the next biggest challenge for the central bank's upcoming monetary policy, analysts

The International Monetary Fund's Extended Credit Facility loan, which ushered in some major reforms in the economic field, is nearing

A housewife allegedly committed suicide following a family feud at Fapor village in Sadar upazila of the district yesterday. The deceased

The government did not borrow from the banking system last fiscal year; rather it repaid a big portion of debts.

Some 15 companies and one mutual fund entered the stockmarket last fiscal year, raising about Tk 1,246 crore through initial public

EU said Thursday that US credit-card giant MasterCard overcharged customers and retailers, having already found rival Visa at fault

Kuwait's financial reserves defied a slump in oil prices to hit a record 179.2 billion dinars ($592 billion) at the end of the 2014-15

Russian President Vladimir Putin said on Thursday that a new BRICS bank would become fully operational and finance energy projects

Muneer Kamal, chairman of National Bank of Pakistan, and Syed Iqbal Ashraf, president, yesterday left Dhaka after completing their four-

MasterCard has announced the appointment of two co-presidents -- Ling Hai and Ari Sarker -- for the Asia-Pacific region, the company