Banking

Banking

Up to Tk 50 fee imposed on online tax payments

The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000

10h ago

Reserves drop below $20b after ACU payment

After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.

1d ago

Rupee slips to record low

However, the Indian currency avoids sharp losses on central bank's intervention

2d ago

Increase lending in remote areas to promote financial inclusion: BB governor urges banks 

“Similar to past political centralisation, we’ve also seen a concentration in the financial sector,” Mansur said at the “3rd Bangladesh Economic Summit 2024: Inequality, Financial Crimes, and Healing Bangladesh’s Economy,” held at Pan Pacific Sonargaon Dhaka

2d ago

Mutual Trust Bank's profit jumps 8% in Q3

The bank’s profit before provision rose in Jan-Sep 

4d ago

Forex reserves cross $20b after 2 months

Reserves were $19.87 billion a week ago

6d ago

Plan on cards to introduce $1 billion orange bonds in Bangladesh

Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action

6d ago

Four IDRA members resign

All of them were appointed to three-year terms at different times

6d ago

IFIC Bank's Q3 profit plummets 63% amid subsidiary struggles

Lower deposits caused its cash flow to turn negative

1w ago

Islami Bank incurs Tk 89 crore in loss in Q3

However, the bank made a profit of Tk 267 crore in the Jan-Sep period

1w ago

National Bank’s losses surge 40% in Q3

Failure to recover loans from defaulters caused the rise in losses 

2w ago

City Bank’s Q3 profit surges 41%

Robust investment gains and rising commissions led to a jump in profit

2w ago

Bangladesh’s GDP growth slows to 3.91% in Apr-Jun quarter

It is the lowest expansion in the four quarters of 2023-24 fiscal year

2w ago

Rupali Bank posts Tk 6 crore profit in Q3

The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year

2w ago

Exim Bank suffers a massive Tk 566 crore loss in Q3

The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits

2w ago

Tycoons linked to Hasina siphoned $17b from banks, BB chief tells FT

“This is the largest, most significant bank robbery by any international standard,” he said

2w ago

Mercantile Bank reports a massive 35% rise in profit in Q3

The bank also saw improved cash flow from core operations 

2w ago

SBAC Bank’s profits jump 158% in Q3

Higher investment income and lower expenses drive the bank’s profit growth

2w ago