Suspicious transaction and activity reporting shot up 65 percent year-on-year to 14,106, with 91 percent of the reports filed by scheduled banks, according to the annual report of BFIU
To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
Once the digital banks are launched, poultry vendors at bustling hubs like Kawran Bazar and even vegetable growers in rural villages will be brought under the banking umbrella
Conventional finance alone will not help our nation to achieve its full renewable energy potential.
There must be a clear policy on overall human resource management approved by the board of directors
In the pursuit of providing modern technology and Islamic Shariah-based banking services to the masses in Bangladesh,
Islamic banking has garnered people’s attention with robust growth over the last decade as a large number of people in Bangladesh prefer the Shariah-based banking system for their financial transactions.
Deposits at US commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the two largest bank failures since the financial crisis rocked the banking system and rattled depositors.
Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector.
The Bangladesh Bank today ordered banks to credit foreign currencies to the retention quota accounts of suppliers after the settlement of the amount against back-to-back letters of credit (BBLCs).
In a discerning recollection of events, esteemed retired banker Anwarul Amin has released his memoir about opening the first branch of a Bangladeshi bank abroad.
Any banker with 10 years of work experience can now be appointed or promoted as chief financial officer (CFO) at any bank or financial institution.
The pace of recovery of banks' nonperforming loans (NPL) was much lower than the rate at which their NPL increased last year -- an ominous development for the sector.
Loans written off by banks surged 20 percent last year as efforts to rein in default loans did not pay off.
In yet another compromise with directors of private commercial banks, the government yesterday decided to slash the cash reserve requirement or CRR of banks by one percentage point to 5.5 percent for their benefit.
In spite of Tk 25 lakh being stolen using around 40 cloned cards in February last year, identity theft by miscreants, exploiting weaknesses in credit and debit card security systems, ATMs, point-of-sales (POS) and banks, is continuing alarmingly in the country.
Finance Minister AMA Muhith admits in Parliament that there are some irregularities in the banking sector and it is massive at times.
A day after the government announced the proposed budget for 2016-17 fiscal year, the garment makers demand continuation of 0.3 percent source tax instead of increasing it to 1.5 percent.
The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.