In an ideal scenario, ensuring the independence of a bank’s management from the influence of its board helps smooth execution of decisions in tune with the board’s policies, said Bangladesh Bank Governor Abdur Rouf Talukder recently.  

The fund offers several unique features designed to benefit retail savers

BB Governor Abdur Rouf Talukder says at the 21st Nurul Matin Memorial Lecture on Ethics in Banking

Bank Asia signed an agreement with Nagad recently facilitating cross-border remittance services for Bangladeshi nationals residing abroad. 

Mastercard, Eastern Bank and ShareTrip jointly launched the country’s first-ever co-branded travel credit card “SkyTrip” yesterday.

Bangladesh Bank cleared $1.05 billion ACU payment on March 6

Bank Asia for the first time celebrated a “Financial Literacy Day” on Monday arranging different activities to raise customers’ awareness and impart knowledge on financial matters and services. 

Mercantile Bank and International Islamic Trade Finance Corporation (ITFC) recently signed a master murabaha agreement facilitating cross-border trade of small and medium enterprise (SME). 

Brac Bank has set this unique example on the eve of International Women's Day by appointing an all-women sales team.

Sick industries have to apply to respective banks by June 30 to get the benefit

Mohammed Emtiaz Uddin joined Padma Bank from Premier Bank as deputy managing director recently.

The taka has weakened further against the US dollar as the Bangladesh Bank is selling the American greenback to banks at Tk 102.

Bangladesh Bank yesterday allowed banks to keep private sector power producers out of the purview of the single borrower exposure limit when giving them loans for the import of raw materials, including fuel oil. 

DBS Bank has inaugurated its Dhaka representative office, making Bangladesh its 19th market globally.

Shimanto Bank has recently elected Major General AKM Nazmul Hasan as its chairman.

South Bangla Agriculture & Commerce Bank Limited has decided to double its authorised capital.   

Banks yesterday hiked the rate to purchase US dollars from exporters by Tk 1 to Tk 104 as part of efforts to set a uniform exchange rate in Bangladesh by June replacing the ongoing multiple exchange rates.

Sonali Bank Limited shareholders have approved adopting a new name, Sonali Bank PLC, in an extraordinary general meeting held at the bank’s head office in Dhaka yesterday.

Islami Bank Bangladesh has received a PCI DSS version 3.2.1 certification for “ensuring a strong and advanced network, regular monitoring and maintenance for customers’ data protection”. 

The central bank has given permission to banks to complete legal procedures to change their name by adding PLC as a suffix.