Global Islami Bank placed in Z category
The Dhaka Stock Exchange on Wednesday downgraded Global Islami Bank PLC to 鈥榋鈥� category from 鈥楢鈥� category due to non-compliance with securities laws...
Tags : Bank
Nagad condemns attack on its administrator
Nagad, a leading mobile financial service provider under the Bangladesh Post Office, expresses deep concern and strongly condemns the recent attack on its administrator Muhommad Badiuzzaman Dider by unidentified missceants, said a press release.
WB delegates visit innovation hub at UIU
United International University hosted a distinguished delegation from The World Bank on Wednesday...
Bank deposits surge by Tk 35,743cr in Oct-Dec
Deposits in the country鈥檚 banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors鈥� confidence...
MDB opens Gazipur branch
Midland Bank PLC on Wednesday inaugurated its branch at Joydebpur Bazar Road in Gazipur, said a press release...
FROM GAZA TO THE WEST BANK: Israel鈥檚 unyielding war machine
鈥楢 year of combat鈥欌�攖his is how Israel鈥檚 new chief of staff, Eyal Zamir, described 2025 at a conference organised by the Israeli ministry of defence...
Time for govt to work as tale of edible oil shortage repeats
THE good old tale of the shortage of edible oil repeats, with Ramadan, the month of fasting for the Muslims, likely to begin at February鈥檚 end. While packed or bottled soya bean oil is reported to have been in short supply, it has started selling for prices higher than the official rate. The situation has pushed up prices of packed, including bottled, and unpacked soya bean...
Net foreign financing plunges by 67pc
Net foreign financing dropped by 67 per cent in July-November of the financial year 2024-25 compared with the same period in the previous year, as loan repayments exceeded new inflows amid countrywide unrests...
S Alam鈥檚 brother Labu embezzles Tk 10cr from Al Arafah鈥檚 CSR
Al-Arafah Islami Bank former chairman Abdus Samad Labu, brother of S Alam, has allegedly embezzled Tk 10 crore from the bank鈥檚 Corporate Social Responsibility (CSR) fund, according to a Bangladesh Bank inspection report...
World Bank renews support for reforms in Bangladesh
World Bank vice-president Martin Raiser on Tuesday reiterated the global lender鈥檚 pledge to support the reform agendas of Bangladesh鈥檚 interim government.
Bangladesh Bank predicts sluggish economy in FY25
The Bangladesh Bank is not optimistic about the country鈥檚 economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish at about 4-5 per cent in FY25 due to a host of challenges...
BB to review 2pc shareholding rule, board size for banks
The Bangladesh Bank is likely to reassess the mandatory 2 per cent shareholding requirement for becoming a director in a commercial bank, said BB governor Ahsan H Mansur...
Persistent contractionary MPS to harm pvt sector: DCCI
The Dhaka Chamber of Commerce and Industry expressed concern over the Bangladesh Bank鈥檚 decision to maintain a contractionary monetary policy in the second half of the 2024-25 financial year, keeping the policy rate at 10 per cent...
City Bank okays Tk 800cr bond
The City Bank鈥檚 board of directors has approved the issuance of a subordinated debt bond worth Tk 800 crore to meet capital requirements under the Basel-III framework to support the bank鈥檚 continuous business growth...
ACC finds no safe deposit lockers in 25 BB officials鈥� names
The Anti-Corruption Commission has found that no safe deposit lockers are registered under the names of former Bangladesh Bank governor Abdur Rouf Talukder and 24 other central bank officials...
WB prefers new tax measure only thru budget
Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...
MONEY LAUNDERING: Ex-Basic Bank chair Bacchu sued again
The Anti-Corruption Commission on Sunday filed another four cases against former Basic Bank chairman Sheikh Abdul Hye Bacchu and his family members, accusing them of amassing illegal wealth amounting to Tk 248 crore and laundering money to Canada...
Economy improves, inflation, bank sector, worker unrest pose risks
The overall economy has been improving for the past six months, but worker unrests, inflation and fragile banking sector still pose risks, according to a Finance Division report released on Sunday...
Bangladesh Bank to announce MPS today
The Bangladesh Bank will announce its monetary policy statement today for the second half of the 2024-25 financial year...
Southeast Bank approves Tk 1,000 crore bond
Southeast Bank Limited has announced the issuance of a fully redeemable, non-convertible, unsecured, floating-rate subordinated bond as part of its efforts to enhance the bank鈥檚 Tier-II capital...
OBPLC gives scholarship to Ctg students
ONE Bank PLC, as part of its CSR programme, arranged a scholarship giving ceremony for underprivileged meritorious students of Chattogram zone, said a press release...
Payment solution launched for students studying abroad
Trust Bank PLC has partnered with global money movement company TerraPay to introduce a digital payment solution for Bangladeshi students pursuing education abroad, said a press release...
BRAC Bank launches virtual account, card
BRAC Bank has launched virtual account and virtual debit card for secure and eco-friendly banking, said a press release...
Professor Yunus directs to bring bank looters to justice
Bangladesh interim government chief adviser Professor Muhammad Yunus on Sunday directed the Bangladesh Bank governor and the authorities concerned to bring those involved in looting money from banks to justice as soon as possible.
Cold storage owners demand reduction in interest rates
The Bangladesh Cold Storage Association (BCSA) has demanded a reduction in bank loan interest rates and electricity bills aiming to lower potato storage rent...
Establishment of separate SME bank suggested
A taskforce has suggested establishment of a separate bank or a similar institution to cater the financing need of the small and medium entrepreneurs...
BRAC Bank opens second branch in Cox鈥檚 Bazar
BRAC Bank has opened a new branch in Cox鈥檚 Bazar, expanding its operations in the tourist and commercial hub...
Meghna Bank partners with Priyoshop
Meghna Bank PLC has recently formed a strategic partnership with Priyoshop.com Limited to enhance payment solutions for the e-commerce platform...
Agrani Bank hosts seminar on risk management in banking
Agrani Bank PLC organised a seminar titled 鈥楢wareness about Risk Management in Banks鈥� at its training institute in the capital...
Rupali Bank鈥檚 Comilla div reviews business
The Business Review Meeting 2025 of Rupali Bank PLC was held on Saturday with the participation of branch managers under the Comilla divisional office...