Banking

  • Images

    EU fines Mastercard 570m euros over cross-border barriers

    Reuters . Brussels | Updated at 12:00am on January 23, 2019

    The European Commission said on Tuesday it had fined Mastercard 570.6 million euros ($648.3 million) for limiting the possibility for merchants to benefit from better...

  • Images

    Mashrur becomes City Bank MD

    Business Desk | Updated at 12:00am on January 22, 2019

    Mashrur Arefin has been appointed as the managing director and CEO of The City Bank Limited recently, the bank said in a statement following the...

  • Images

    Loan disbursement to SMEs drops 6pc in 9 months

    Staff Correspondent | Updated at 12:00am on January 22, 2019

    Small and medium entrepreneurs’ loan from banks and non-bank financial institutions declined by 6.01 per cent or Tk 7,391.28 crore in January-September period of the...

  • Images

    Farm loan disbursement drops by 4.87pc in Jul-Dec

    Staff Correspondent | Updated at 12:00am on January 21, 2019

    Farmers’ loan receipt from banks dropped by 4.87 per cent or Tk 524.33 crore in the first half of the fiscal year of 2018-2019 compared with...

  • Images

    Shamsul becomes Standard Bank vice-chair

    Business Desk | Updated at 12:00am on January 21, 2019

    Mohammed Shamsul Alam has been elected as vice-chairman of Standard Bank, said a press release. He is the founder director of Standard Bank....

  • Images

    PNB execs sacked for lapses in $2b fraud in 1st firings

    Reuters . New Delhi | Updated at 12:00am on January 21, 2019

    The government has sacked two executives of the state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion fraud, two sources said...

  • Images

    Wall Street wary of progressive Democrats on House finance body

    Agence France-Presse . Washington | Updated at 12:00am on January 21, 2019

    Wall Street is bunkering down for a wave of intense scrutiny as a group of progressive Democrats, including social media star Alexandria Ocasio-Cortez, have joined...

  • Images

    BB to file case by January for stolen reserve

    Staff Correspondent | Updated at 04:45pm on January 20, 2019

    Finance minister AHM Mustafa Kamal said on Sunday that the Bangladesh Bank would sue Rizal Commercial Bank Corp of the Philippines by January for stolen...

  • Images

    Citi says female employees earn 29pc less than men

    Reuters | Updated at 12:00am on January 20, 2019

    Citigroup’s female employees earn 29 per cent less than male employees on a global median basis, the Wall Street bank revealed on Wednesday, while announcing...

  • Images

    Akkas Uddin re-elected SJIBL chair

    Business Desk | Updated at 12:00am on January 19, 2019

    Akkas Uddin Mollah has been re-elected as chairman of the board of directors of Shahjalal Islami Bank at its 274th board meeting, said a press...

Advertisement

images