The interest rate on savings instruments will remain unchanged for the time being, in a development that can be termed an about turn for Finance Minister AMA Muhith, who only a couple of days ago indicated it would be lowered.

Robi has been asked to pay Tk 867.24 crore to the telecom regulator and the revenue collector as missed or under payments over a 19-year period, detected after a thorough audit.

MTB Unit Fund's trustee committee has declared a cash dividend of 13.25 percent per unit for fiscal 2017-18, says a press release.

Ahmed Saiful Islam has been appointed as the head of retail banking at HSBC in Bangladesh with effect from August 2.

The central bank is going to file a damage claim with a New York court by January next year to recover its reserve money stolen through one of the biggest cyber crimes in the world in February 2016.

City Bank yesterday launched a digital “Supply Chain Finance and Distributor Finance Facility” through which suppliers will get paid whenever invoices are approved while buyers will enjoy increased liquidity and improved working capital.

City Bank's consolidated earnings per share for January-June 2018 declined to Tk 1.51 against Tk 2.18 for the same period a year ago.

Around 40 percent of the bankers do not want to work in the internal audit departments due to the huge work pressure, a survey found.

Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5 percent share of the market, according to data from the World Trade Organisation (WTO).

Brac Bank's consolidated profit after tax rose 13 percent year-on-year to Tk 272.8 crore in the first half of 2018.

Shares of banks on the Dhaka Stock Exchange rose strongly yesterday, putting a halt to their frequent fall this year.

The government has fixed Tk 0.50 as the minimum rate that mobile operators can charge per minute for calls to any network, creating a level playing field for carriers ahead of the launch of the mobile number portability service.

Mostafa Golam Quddus has recently been re-elected chairman of Rupali Insurance Company Ltd.

Chinese handset-maker Huawei launched its popular smartphone—Huawei nova 3i—at an event at the Pan Pacific Sonargaon in the capital yesterday.

The rising default loans in the eight state banks, which accounts for 57.53 percent of the total classified loans in the banking sector, have become a threat to the sector's stability, according to the Bangladesh Bank's Financial Stability Report.

City Bank and bKash, the country's largest mobile financial services provider, yesterday joined hands to allow their customers to avail a number of services from each other's platforms, in what can be described as a first-of-its-kind partnership for the country's financial sector.

South Asia's first test run of fifth generation (5G) mobile internet took place in Dhaka yesterday when download speeds of up to 4.17 gigabits per second were experienced.

IndiGo, a low-cost Indian carrier, is all set to start daily flights from Dhaka from August 1 to provide the passengers with relatively inexpensive air fare.

The Hongkong and Shanghai Banking Corporation Ltd in Bangladesh yesterday launched the eighth edition of the HSBC Export Excellence Awards to recognise the contribution of the country's exporters.

The Asian Development Bank is ready to lend $8.01 billion to Bangladesh over the next three years, almost the double the amount it had committed in the previous three years.