Banking

Banking

Local banks can review health via global consulting firms

The international consulting firm will suggest appropriate remedial measures necessary in public interest

5h ago

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director

6h ago

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today

7h ago

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points

10h ago

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today

1d ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

3d ago

Bangladesh will get fourth tranche of loan after IMF's executive board meeting

The meeting will be held in February next year

3d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

4d 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

1m 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

1m ago

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

The bank also saw improved cash flow from core operations 

1m ago

SBAC Bank’s profits jump 158% in Q3

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

1m ago

Bank accounts of Sikder family members frozen

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days

2m ago

Bangladesh Bank hikes policy rate to 10% to curb inflation

This is the 11th time since May 2022 the BB hiked the repo rate to make money expensive for banks and tame demand to curb inflation.

2m ago

BB reduces repo auctions to one day a week

The new measure will be effective from November 1 this year

2m ago

Forex reserves on the rise: BB Governor assures stability

Bangladesh’s foreign exchange reserves are gradually increasing and stabilising, says Bangladesh Bank (BB) Governor Dr Ahsan H Mansur.

2m ago

Jamuna Bank’s profit surges 37% in Q3

Profit rose thanks to strong investment and interest income

2m ago

BB removes NCC Bank chairman, director

Bangladesh Bank on Thursday removed NCC Bank Chairman M Abul Bashar and Director Md Abdul Awal after they were declared loan defaulters at Bank Asia.

2m ago