Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.
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.
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.
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.
Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
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.
Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority
The rate will be further raised to 10℅, BB governor tells BBC in an interview
The central bank has appointed an administrator to mobile financial service provider Nagad
All shares of S Alam Group will be taken over
Instruction was also given to suspend locker facilities extended to the members of the families for the next 30 days
Order has been given to suspend transactions through the accounts for 30 days for now
The step has been taken for the sake of the depositors' money, according to the order issued by BB
Muhammed Mehedi Hassan, additional secretary of the ICT Division, will chair the committee
The BFIU also ordered banks to suspend local facilities extended to them for 30 days
The tax administrator wants to check whether they have been paying their taxes properly
Bangladesh Bank has suspended liquidity support for some Shariah-based banks, says Ahsan H Mansur in a meeting with FBCCI
