The trading of treasury bonds in the stock exchange of Bangladesh has remained low although eight months have passed since their debut on the secondary market, owing largely to higher transaction costs and a lack of awareness among individual investors.

Standard Chartered won the “Best International Bank in Bangladesh 2023” title at the Asiamoney Best Bank Awards for the bank’s commitment to accelerating sustainable solutions, revolutionising customer experience through digitalisation, driving inclusion across communities and powering continuous innovation.

Imports of green chili through Hili land port in Dinajpur have been suspended as importers fear incurring losses in face of falling prices in local markets.

US manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the Covid-19 pandemic, but price pressures at the factory gate continued to deflate, a silver lining for the economy.

Prime Bank Limited won the “Best Bank for Environmental, Social, and Governance in 2023” award by The Asiamoney, a UK-based financial and management publication.

Md Abdul Karim, former principal secretary to the prime minister, has recently been appointed as an independent director of Eastland Insurance Company.

City Bank’s profit after tax has increased to Tk 450 crore in 2022 compared to the pre-Covid figure of Tk 250 crore in 2019.

Corporate executives usually control their business operations through a standard operating procedure. However, on some occasions, executives act differently under the influence of an unseen force referred to as institutional imperative. 

The Bangladesh Foreign Exchange Dealers’ Association (Bafeda) has asked banks in the country not to sell US dollars to importers for beyond Tk 109 per greenback as some lenders recently breached the rule.

A technical assistance mission of the International Monetary Fund (IMF) and World Bank is expected to arrive in Dhaka today in order to undertake a detailed assessment of the Local Currency Bond Market (LCBM) and suggest ways for its development.

A strong legal system is required to end the default culture and stop defaulters from using writs to defer loan repayments and secure fresh credits, said Abdul Hai Sarker, chairman of Dhaka Bank Ltd. 

A technical assistance mission of the International Monetary Fund (IMF) and World Bank is expected to arrive in Dhaka tomorrow in order to undertake a detailed assessment of the Local Currency Bond Market (LCBM) and suggest ways for its development.

Imports of green chili through Hili land port in Dinajpur have been suspended as importers fear incurring losses in face of falling prices in local markets.

The main index of the stock market in Bangladesh remained relatively unchanged over the past fiscal year as most scrips were stuck at their floor price, according to market analysts.

Bangladesh Railway (BR) is seeking a one-year extension on its loan tenure for the Padma Bridge Rail Link Project as a means to avoid upward cost revisions resulting from hassles in clearing payments after the task is complete.

Bangladesh is yet to reap the full benefit from the much-talked central effluent treatment plant (CETP) at the Savar Tannery Industrial Estate (STIE) despite spending more than Tk 500 crore and waiting for nearly a decade.

Janata Bank’s account holders can now transfer money to bKash accounts from anywhere and anytime without additional charges using its internet banking app “eJanata”.

Bangladesh Commerce Bank recently appointed Mohammad Jamil Hossain as its deputy managing director.

Brac Bank honoured 46 officials -- 24 from retail banking and 22 from SME banking -- with “Tara Business Champion Award” marking the sixth anniversary of its women’s banking initiative “Tara”.

IFIC Bank recently opened three new branches in three different districts -- Meherpur, Nilphamari and Lalmonirhat.