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
Finance Adviser Salehuddin Ahmed says after meeting with ADB
Today was the first day for Abdur Rahman Khan as NBR chairman
Transactions in their accounts will remain suspended for 30 days
The tax zone 15 of the tax administrator sent letters to 91 banks and financial institutions
The council also recommended amendment to the Bangladesh Bank Order 1972
The American rating agency assumes the effects to be temporary, and that political stability is restored and sustained
International support will be taken to bring them to book, says Ahsan H Mansur
The condition is worse than what one can imagine, says Selim RF Hussain
The agency said the banking industry's weaknesses, including a lack of liquidity, thin capital buffers and ailing asset quality, have been exacerbated while the departure of senior central bank officials could delay ongoing structural reforms.
The BFIU asked to freeze the accounts after getting reports about suspicious transactions in their names
