Banking

Banking

Beximco announces another round of layoffs

This layoff will impact nearly 8,000 employees of five manufacturing units

1h ago

Implement at least one taskforce recommendation

Education and Planning Adviser Wahiduddin Mahmud said the recommendations of the taskforce committee have been handed over to the chief adviser, and all advisers were asked to choose at least one recommendation that can be implemented during their tenure.

19h ago

New Gulshan office to cost MTB Tk 450cr

Mutual Trust Bank (MTB) has announced its plan to acquire 15 floors of a newly constructed 21-storey commercial building in Gulshan-1 to establish its corporate head office.

19h ago

Cash-strapped Padma Bank struggling to pay employees

Padma Bank, formerly Farmers Bank, has sunk into such a financial abyss that the lender is struggling to pay its employees’ monthly salaries and has sought a Tk 5,000 crore bailout package from Bangladesh Bank to stay afloat.

1d ago

Remittances grow 3% in January

Migrants sent home $2.18 billion in the first month of 2025

2d ago

Islamic banks see fluctuations in deposits

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September

3d ago

Pubali Bank opens relocated regional office in Narayanganj

Pubali Bank PLC opened its relocated Narayanganj regional office, along with the Narayanganj branch, Islamic banking window, and the Narayanganj digital booth of Pubali Bank Securities Limited, with a commitment to providing modern banking services.

5d ago

Challenging days are ahead for MFIs: BB governor

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority

1w ago

S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman

Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud

5m ago

SIBL MD, 2 DMDs resign 

SIBL Managing Director Zafar Alam and Deputy Managing Directors Habibur Rahman and Khorshed Alam have resigned today following the central bank's board reformation of the bank

5m ago

SIBL's former chairman Belal, managing director Zafar sued for attack on an employee 

Belal Ahmed, the former chairman of Social Islami Bank Ltd (SIBL), and Zafar Alam, managing director, have been sued for allegedly attacking a bank employee

5m ago

Default loans hit record Tk 211,000cr 

Default loans in the banking sector hit an all-time high of Tk 211,000 crore at the end of June of this year, as per the latest Bangladesh Bank data. 

5m ago

EDF loan gets costlier after new interest rate calculations

Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars

5m ago

BB hikes cash withdrawal limit to Tk 5 lakh

The Bangladesh Bank (BB) has increased the cash withdrawal limit from banks to Tk 5 lakh per account this week, up from Tk 4 lakh per account the previous week

5m ago

MD's resignation: ‘Forced to put signature on pad never used by Islami Bank’

Former managing director breaks silence for first time since S Alam took control of the bank in 2017

5m ago

Sharif Zahir, new chairman of UCB

The bank has also got new faces in the top tier

5m ago

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged

5m ago

White paper to focus on mega projects, not all dev projects: Debapriya

The 12-member panel held its first meeting today, the next one on Sep 3

5m ago