New AMD for UCB

Ahsan Afzal has recently joined United Commercial Bank as additional managing director, the bank yesterday said in a press release.
7 August 2017

Grameen Bank electoral rules may see changes

The government may amend the electoral rules of microcredit lender Grameen Bank so that it can pick nine directors from the borrowers by itself -- like it has done since its inception.
7 August 2017

Changes in bank law on cards

The finance ministry has moved to make changes to the Banking Companies Act 1991 that would strengthen the grip of families on private banks.
6 August 2017

Brac Bank's half-yearly profit grows 39pc

Brac Bank has diversified its SME financing by branching out across the country to maintain its market-leading position in the segment, its chief executive said yesterday.
3 August 2017

BTRC brings cheer for telcos ahead of 4G rollout

The mobile operators were given a boost ahead of their planned 4G rollout after the government decided to slash the licence fee and other charges along with loosening other terms and conditions.
3 August 2017

New chairman for NCC Bank

Md Nurun Newaz Salim has recently been elected as the chairman of NCC Bank Ltd, the bank yesterday said in a statement.
1 August 2017

New additional managing director for UCB

Mohammed Shawkat Jamil has recently been promoted as the additional managing director of United Commercial Bank, the bank yesterday said in a statement.
1 August 2017

HSBC announces profit increase

HSBC Holdings PLC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a
31 July 2017

Top 10 most expensive beaches in the US

Here is the list of top ten most expensive beaches in the US.
27 July 2017

Keep prices of essentials under control: Tofail to DCs

Commerce Minister Tofail Ahmed gives instruction to the deputy commissioners (DCs) to work sincerely for keeping prices of daily essentials within the purchasing capability of consumers across the country.
26 July 2017

Daily transactions reach Tk 1,000cr

Mobile transactions reached Tk 30,008 crore for the first time in June, according to Bangladesh Bank.
25 July 2017

Citycell gets another lease of life

The Supreme Court yesterday instructed the telecom regulator to return Citycell's spectrum in yet another twist to the operator's scrap for survival.
25 July 2017

Citycell gets its frequency back

Bangladesh’s first mobile phone operator Citycell secures permission from the Supreme Court to get back its frequency, an order that has to be implemented by 24 hours.
25 July 2017

BTRC invites applications for mobile number portability licence

The telecom regulator yesterday invited applications for the much-awaited auction for mobile number portability
24 July 2017

Bank Asia, UNDP team up for social safety net payments

Bank Asia has recently teamed up with the United Nations Development Programme (UNDP) to provide the village population with easier access to social safety net payments.
23 July 2017

Banks susceptible to cyber threats: analysts

Bangladesh's banks remain vulnerable to cyber threats as hackers continue to target financial institutions exploiting modern technology, analysts said yesterday.
23 July 2017

Citycell's demise a formality away

Prime Minister Sheikh Hasina, who also heads the posts, telecommunications and information technology ministry,
22 July 2017

BTRC gives final approval to Robi-Airtel merger

Robi has received the final approval from the telecom regulator on its merger with Airtel – a development that has made the new entity the second largest mobile phone operator in Bangladesh.
20 July 2017

Home loans rise on falling interest: study

Bangladesh's banking sector has been seeing a surge in home loans for the last two years due to single digit interest rate and an increase in per capita income.
20 July 2017

Banks can't cut remittance sending costs: bankers

Banks can do nothing to reduce the cost of bringing remittance to Bangladesh as they do not charge anything at all for channelling the hard-earned money sent by the migrant workers.
19 July 2017