Banking

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    Experts fear liquidity crunch

    Shakhawat Hossain | Updated at 12:00am on September 13, 2019

    While experts felt that the hasty move to withdraw idle funds from the accounts of the state-owned bodies risked a liquidity crisis in many private...

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    Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog

    Reuters . Zurich | Updated at 12:00am on September 13, 2019

    Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless...

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    School banking deposits grow to Tk 1,494cr

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on September 13, 2019

    School banking is gradually getting huge responses from the students across the country as deposits with the banking accounts was around Tk 1,494 crore at...

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    Outsourcers can now bring $10,000 in each online transaction

    Staff Correspondent | Updated at 12:00am on September 13, 2019

    Bangladesh Bank on Thursday increased remittance repatriation limit on each transaction through online payment gateway service providers against export of small value service in non-physical...

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    Mainuddin joins SJIBL as AMD

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

    SM Mainuddin Chowdhury joined Shahjalal Islami Bank as additional managing director recently, said a press release. Prior to joining at Shahjalal Islami Bank, he served...

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    Nasreen joins as independent director of MTB

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

    Nasreen Sattar has been appointed as an independent director of Mutual Trust Bank recently, said a press release. Prior to joining MTB, she was an...

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    In a fracturing world, central banks still stuck together

    Reuters . Washington | Updated at 12:00am on September 12, 2019

    The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming...

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    PM opens Police’s Community Bank Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on September 12, 2019

    Prime minister Sheikh Hasina on Wednesday inaugurated the commercial operation of the Community Bank Bangladesh Limited fulfilling the long cherished demand of police. The premier...

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    Freelancers allowed to remit up to $500 for IT expenses

    Staff Correspondent | Updated at 12:00am on September 10, 2019

    Bangladesh Bank on Monday raised the limit of overseas IT expenses for individual mobile app and game developers or freelancers to $500 from existing $300...

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    Bangladesh Bank rejects telcos’ inclusion in agent banking service

    Staff Correspondent | Updated at 12:00am on September 10, 2019

    Bangladesh Bank has rejected a plea of Bank Asia, a private commercial bank, to run its agent banking service through outlets of two mobile phone...

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