Israel鈥檚 West Bank settlement policy a war crime: UN
Israel must evacuate all settlers from the West Bank and make reparations for decades of illegal settlement, the UN rights chief said on Tuesday, describing the policy as 鈥榓 war crime鈥�.
Tags : Bank
Govt borrowing from banks surges to Tk 86,000cr
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
BB sets 27pc loan target for CMSMEs by 2029
In a policy change, the Bangladesh Bank has set a target for banks and financial institutions to disburse 27 per cent of their total loans to the cottage, micro, small and medium enterprise sector by 2029...
Financial literacy: towards inclusive growth
FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...
Court freezes Papon, family鈥檚 27 bank accounts
A Dhaka court on Sunday ordered to freeze 27 bank accounts of former Kishoreganj-6 lawmaker Nazmul Hassan Papon, his wife Roksana Hassan and other family members over graft allegations...
Govt should reduce inequality, improve business climate
A SHARP increase in the number of bank accounts having deposits exceeding Tk 1 crore in the last quarter of 2024 brings a number of issues and concerns to the fore. As Bangladesh Bank data show, the number of such accounts rose by 4,954 in the quarter, reaching 122,081 from 117,127 in September. While the rise indicates the restoration...
Uzma elected Meghna Bank chairperson
Uzma Chowdhury has been elected chairperson of Meghna Bank PLC, said a press release...
BRAC Bank adjusts Tk 74.43 lakh VAT without mandatory declaration: HC
The High Court has ruled that BRAC Bank Limited unlawfully adjusted Tk 74.43 lakh in Value Added Tax without declaring the mandatory input-output coefficient of raw materials in three income tax years.
Bank accounts with Tk 1cr surge by 5,000
The number of bank accounts holding deposits exceeding Tk 1 crore increased by near 5,000 in December due to stagnant business environment in the country.
Bank deposit growth hits 8pc in January
Deposits in the country鈥檚 banking sector grew by more than 8 per cent in January, marking a rebound after four months of slower growth...
Shariah banking work for poverty alleviation: Khalid
Religious affairs adviser Professor AFM Khalid Hossain has said that Sharia banking plays an important role in poverty alleviation and ensuring income inequality...
Agrani Bank鈥檚 managers鈥� confce held in Rajshahi
Agrani Bank PLC held its business progress review meeting and managers鈥� conference 2025 for the Rajshahi circle on Saturday at Nice Convention Centre in Rajshahi...
NCC Bank launches 4 pro-women products
NCC Bank has launched four new banking products aimed at empowering women and fostering financial inclusion within the national economy...
UniCredit gets ECB approval on Commerzbank stake
Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a possible takeover of its German rival.
BRAC Bank, BSRM Group sign deal
BRAC Bank has signed a strategic partnership agreement with BSRM Group to help enhance business growth of the conglomerate in Bangladesh with exclusive banking services, said a press release.
Prime Bank announces 20pc dividend
Prime Bank PLC, a pioneering private bank in the country, announced its annual dividend payment for the year 2024.
ACC prosecutes Salman, son over money laundering
The Anti-Corruption Commission on Thursday filed a case against 11 people, including former IFIC Bank chairman Salman Fazlur Rahman and his son, Ahmed Sayan Fazlur Rahman, on charges of embezzling Tk聽33.64 crore and laundering Tk聽76 crore...
BB levies strict limits on banks鈥� dividend payout
The Bangladesh Bank on Thursday imposed strict conditions on dividend payouts, limiting most banks鈥� ability to distribute dividends...
SIBL, FSIBL get add鈥檒 Tk 2,500cr liquidity
The Bangladesh Bank has approved an additional Tk 2,500 crore in liquidity support for the crisis-hit Social Islami Bank and First Security Islami Bank to manage the Eid-ul-Fitr withdrawal pressure...
Action over Tk聽53,000cr Beximco loans ordered
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group...
Committee formed to review Bangladesh Bank reserve heist
The Bangladesh interim government has formed a high-level committee headed by law adviser Asif Nazrul to review the reserve heist of Bangladesh Bank in 2016...
Bangladesh Bank dissolves boards of 3 more private banks
The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...
Govt raises Tk 3,000cr thru Sukuk for bridge construction
The government has raised Tk 3,000 crore by issuing a socio-economic Sukuk to fund construction of bridges on rural roads...
Moody鈥檚 downgrades Bangladesh banking outlook to negative
Moody鈥檚 Ratings has downgraded the outlook for Bangladesh鈥檚 banking system from stable to negative, citing rising asset risks, weakening economic growth, and high inflationary pressures...
National Bank cardholders, staff to get corporate service at Asgar Ali Hospital
A memorandum of understanding was signed between National Bank Limited and Asgar Ali Hospital on Monday at the hospital鈥檚 conference room...
Northvolt files for bankruptcy in Sweden
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday...
HC orders action over Beximco鈥檚 Tk聽53,000cr questionable loans
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group.
Syed Manzur Elahi dies
Eminent entrepreneur and chairman of Apex Group Syed Manzur Elahi on Wednesday passed away at a hospital in Singapore, where he was undergoing treatment...
Trade deficit decreases on high export earnings
The country鈥檚 trade deficit declined slightly in the first seven months (July鈥揓anuary) of the current fiscal year FY2024-25 compared with the same period in the previous fiscal year, as export earnings saw a notable rise...
BB relaxes exit policy for loan defaulters
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...