Farmers Bank is now under pressure to settle its overdue payments for import, with a number of foreign missions dangling the threat of blacklisting the troubled lender if it does not pay back immediately.

A slight mistrust has been created among the people over the country’s banking sector in recent time, which is an “ominous sign” for the banks, Bangladesh Bank Governor Fazle Kabir says.

Premier Bank has recently appointed Md Abdul Hai as its deputy managing director.

AKM Shahnawaj has recently been promoted as deputy managing director of Dhaka Bank.

The BTRC has issued two notices within a span of seven days asking Grameenphone, Robi and Banglalink to explain why an Eid-ul-Fitr greeting of Prime Minister Sheikh Hasina had not been sent out to subscribers.

The export of caustic soda to India has remained suspended for the last three months after New Delhi ruled the chemical will not be allowed to enter the country without the certification from its standards authority.

Despite intense efforts to attract funds private banks are experiencing a slowdown in deposit growth due to a lack of confidence of depositors following a series of reports of loan scams.

The central bank yesterday gave the green light to the rollout of contactless credit cards, ushering in an exciting new era of payment system in Bangladesh.

Strong understanding of criminal operation and risk management is crucial for financial institutions as fraud and data security threats are emerging in many forms and channels, said Mahbubur Rahman, president of the International Chamber of Commerce (ICC) Bangladesh.

A team of investors based in Singapore has sought 3,000 acres of land at Mirsarai in Chittagong from the government to establish a special economic zone for the businesses of the Southeast Asian island country.

The National Board of Revenue is set to offer compliant businesses the privilege to clear their imported and exported goods fast by awarding them the status of Authorised Economic Operator (AEO) with a view to boosting international trade.

Finance Minister AMA Muhith yesterday said it is difficult to bring down the lending rate of banks to single-digit overnight.

Pubali Bank has recently appointed Muhammad Mijanur Rahman Joddar as an additional managing director.

The practice of carrying cash is gradually declining in Bangladesh as people are getting to understand the financial benefits of digital payment systems like debit and credit cards, said experts and policymakers yesterday.

A high-powered business delegation from Singapore yesterday showed keen interest to invest in the banking and financial sector as it offers immense growth potential.

Bangladesh Customs Tariff, a compilation of import and export duty and other rates of taxes, has been published for the sixth consecutive year to help businesses, particularly importers and exporters, take decisions on overseas trade.

The world's biggest mobile factory was launched yesterday in Noida, a satellite township of New Delhi, jointly by Indian Prime Minister Narendra Modi and visiting South Korean President Moon Jae.

The heavyweight banking sector lost Tk 19,740 crore or 26.60 percent of its market capitalisation since the turn of the year in what can be viewed as a worrying development for the Dhaka Stock Exchange.

Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment.

A good number of foreign mobile value-added services companies that repatriate a significant amount of funds from Bangladesh will face regulatory bar as the telecom regulator is set to introduce licensing for the business.