Banking

Banking

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today

1h ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

1d ago

Bangladesh will get fourth tranche of loan after IMF's executive board meeting

The meeting will be held in February next year

2d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

2d ago

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

2d ago

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

3d ago

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data

5d ago

Age limit for entry-level bank jobs now 32

The earlier age limit was 30

5d ago

Dutch-Bangla Bank’s services to remain suspended temporarily

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5

2w ago

Dhaka Bank to issue Tk 400 crore bond

Proceeds from the issuance aim to bolster the bank's Tier-2 capital, in line with regulatory requirements, according to the disclosure

2w ago

10 banks are ‘technically bankrupt’: white paper

However, the final draft of the white paper on the state of economy did not disclose the names of the lenders

2w ago

Islami Bank to issue fifth Mudaraba bond worth Tk 500 crore

The bond will strengthen the bank’s capital base

2w ago

BFIU freezes bank accounts of 17 associated with ISKCON, including Chinmoy

The name of former ISKCON leader Chandan Kumar Dhar, also known as Chinmoy Krishna Das Brahmachari, was among the 17.

3w ago

Six crisis-hit banks get Tk 22,500 crore BB fund

The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami

3w ago

ONE Bank holds money laundering prevention training in Noakhali

ONE Bank PLC recently arranged a daylong training on “Prevention of Money Laundering and Combating Financing of Terrorism” for executives and officers of branches and sub-branches of Noakhali zone at Noa Convention Centre in the district..Monzurul Alam Chowdhury, additional managing direct

3w ago

Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB

The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore

3w ago

BB removes ICB Islamic Bank MD for fund embezzlement

However, the displaced official said the allegations are yet to be proved

3w ago

Renata raises Tk 536cr through bonds, preference shares

Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending. 

3w ago