Agrani Bank re-appoints MD

Syed Abdul Hamid has recently been re-appointed as the managing director of Agrani Bank, the bank said in a statement yesterday.
9 July 2015, 18:00 PM

United Commercial Bank gets new DMDs

Sohrab Mustafa and Golam Awlia have recently been promoted as deputy managing directors of United Commercial Bank, the bank said in
9 July 2015, 18:00 PM

Banking from the comfort of one's home

Abdur Rob Patwary, a retired government employee, has never imagined that one day he would be able to pay utility bills from home.
8 July 2015, 18:00 PM

Malaysia ringgit hits 16-year low on political uncertainty

Malaysia's ringgit hit a 16-year low Monday on growing political uncertainty following allegations that a probe into a state investment
6 July 2015, 18:00 PM

New DMD for First Security Islami Bank

Md Mustafa Khair has recently been promoted as the deputy managing director of First Security Islami Bank.
6 July 2015, 18:00 PM

HSBC upgrades Bangladesh rating

Banking giant HSBC is optimistic about Bangladesh's economy as the country returned to normalcy after turbulent times earlier this
6 July 2015, 18:00 PM

WB plans big to fund connectivity

The World Bank is preparing a five-year country strategy for Bangladesh, putting its focus on connectivity to link the country with three
5 July 2015, 18:00 PM

BB must widen scope for hedging

Bangladeshi businessmen can hardly enjoy the benefits of hedging on import of basic commodities as the commercial banks are not
5 July 2015, 18:00 PM

World Bank removes critical section from China report

The World Bank has removed a critical portion from a recently released report on China's economy, saying the section had not been
5 July 2015, 18:00 PM

Dhaka Bank celebrates 20 years of operation

Dhaka Bank celebrated 20 years of its operation in Bangladesh through a slew of festive and charitable activities.
5 July 2015, 18:00 PM

15 firms seek large loan rescheduling facility

Fifteen conglomerates, including Beximco, have appealed to Bangladesh Bank for long-term loan rescheduling under the central bank's
2 July 2015, 18:00 PM

Banks' profits rise slightly

Most private banks saw their profits rise, though slightly, in the first six months this year despite political unrest and a cut in lending rates.
1 July 2015, 18:00 PM

BB toughens anti-money laundering steps for non-banks

Bangladesh Bank has tightened its rules for non-bank financial institutions against money laundering and terrorist financing, aiming to effectively check the menace.
1 July 2015, 18:00 PM

Plastic money keeps growing

The use of plastic money rose 5.5 percent in the third quarter of fiscal 2014-15 from the previous quarter as local consumers continue
30 June 2015, 18:00 PM

WB gives $473m for financial sector, disaster resilience

Bangladesh will get $473 million from the World Bank to build a strong financial sector and develop long-term disaster resilience in the
30 June 2015, 18:00 PM

Greece banking shutdown sparks global markets slump

World markets tumbled Monday as Greece shut its banks and imposed capital controls to halt a panic-driven run on ATMs, a day before
29 June 2015, 18:00 PM

Banks baffled by BB rewards for good borrowers

Banks have been puzzled by a central bank directive that asked them to incentivise good borrowers with a 10 percent rebate on the
29 June 2015, 18:00 PM

National Bank of Pakistan gets new country manager

Md Quamruzzaman has been appointed country manager of National Bank of Pakistan in Bangladesh, it said in a statement yesterday.
28 June 2015, 18:00 PM

Motorbike lifter shot in 'shootout'

An alleged motorbike lifter sustained bullet injuries during a 'shootout' with the law enforcers at Purba Kalia village under Debhata upazila
28 June 2015, 18:00 PM

Journo remanded for ‘torturing’ wife

Police arrest the news editor of a private television channel in Dhaka on charges of torturing his journalist wife and demanding dowry, Bangla daily Prothom Alo reports.
27 June 2015, 08:08 AM