Banking

Banking

Beximco announces another round of layoffs

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

7h 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.

1d 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.

1d 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.

2d 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.

6d ago

Challenging days are ahead for MFIs: BB governor

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

1w ago

Banks freeze accounts of Padma Bank former chairman Nafeez Sarafat, family members

Bank accounts of their business entities will also remain frozen for the next 30 days

5m ago

BB hikes policy rate to tame inflation

Three months ago, the policy rate was hiked for the last time by 50 basis points to 8.5%

5m ago

Social Islami Bank gets new board of directors

The board has one director and four independent directors

5m ago

Panel will include issues beyond its mandate in white paper: Debapriaya

The panel gets 90 days to prepare and submit the paper

5m ago

BB hikes cash withdrawal limit to Tk 4 lakh

The previous limit was Tk 3 lakh

5m ago

Bank accounts of Abdul Awal Mintoo unfrozen after 17 years

The accounts of Mintoo, his wife and son were blocked on August 1 in 2007

5m ago

IDLC Finance gets new AMD and two DMDs

IDLC Finance yesterday promoted an official to the post of additional managing director (AMD)..The official, Syed Javed Noor, had been serving the non-bank financial institution (NBFI) as deputy managing director, according to a press release..Noor has been with IDLC Finance since 20

5m ago

Banks asked to freeze Mustafa Kamal, Tipu Munshi’s bank accounts

Their accounts will remain frozen for 30 days

5m ago

Islami Bank gets new board, Md Obayed Ullah Al Masud new chairman

The Bangladesh Bank has formed a new board for Islami Bank Bangladesh with the appointment of five independent directors at the crisis-hit Shariah-based lender

5m ago

NBR starts scanning tax records of business tycoons

The Central Intelligence Cell of the NBR will do the work

5m ago