Banks

Banks

Grameen Bank: Govt stake to fall to 10% from 25%

The Advisory Council of the interim government has given the go-ahead in principle to the amendment proposal of the Grameen Bank Ordinance that seeks to reduce the government's stake in the Nobel-winning microcredit institution to 10 percent from the present 25 percent.

1w ago

DSE seeks clarification from Beacon Pharma on export halt

Beacon releases a disclosure on DSE website today

1w ago

Al-Arafah Islami Bank sends managing director on leave

The bank's board took the decision to ensure a fair investigation on alleged irregularities

1w ago

Islami Bank MD sent on forced leave

Islami Bank Bangladesh has decided to send its managing director, Mohammed Monirul Moula, on leave for three months.

2w ago

Islami Bank MD sent on forced leave

Md Omar Faruk Khan made acting managing director

2w ago

Four state-run banks to remain open today

The Bangladesh Bank has directed four state-owned banks to remain open today, even as the country begins a nine-day Eid-ul-Fitr holiday. 

4w ago

Tk 721 crore remittance case settled for just Tk 15,543 in taxes

SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case

1m ago

Uttara Bank announces 35% dividends

Uttara declared the dividend when many banks were not allowed to do so due to strict regulatory rules

1m ago

Shady firm took Tk 950cr from Islami Bank

It happened in just two days. A Nabil Group employee and a relative of its chairman own the firm.

1m ago

Moody’s cuts banking outlook to negative

Moody’s Ratings has downgraded Bangladesh’s banking system outlook from “stable” to “negative”, citing rising asset risks and worsening economic conditions.

1m ago

Syed Manzur Elahi: a visionary entrepreneur and nation-builder

Syed Manzur Elahi was one of Bangladesh’s most distinguished industrialists and entrepreneurs.

1m ago

NBR to go tough on tax return non-filers

The tax administrator organises a pre-budget discussion

1m ago

BB warns against investing in multilevel marketing schemes

The central bank launches an investigation into alleged fraudulent activities

1m ago

Economy expanded in Feb, but at a slower pace: PMI

February marked the fifth consecutive month of expansion

1m ago

Apex Footwear’s Syed Manzur Elahi buys 50,000 shares of the company

After the purchase, his stake rises to 7.34% in the company

1m ago

Stocks fall amid worries over BSEC stalemate

Meanwhile, BSEC officials returned to work without withdrawing ‘break in service’ agenda

1m ago

Macroeconomic policies amidst interim incumbency

Navigating the labyrinth of macroeconomic management is particularly challenging during periods of interim leadership.

1m ago

Eastern Bank files Tk 200cr defamation suit against customer

The customer, Md Murtoza Ali, earlier submitted a petition, accusing the bank's board, MD of embezzling Tk 11cr

1m ago