Banking

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    Rashid Ahmed re-elected BCB chairman

    Business Desk | Updated at 12:32am on December 12, 2019

    Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...

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    Rashid Ahmed re-elected BCB chairman

    Business Desk | Updated at 12:32am on December 12, 2019

    Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...

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    Govt, ADB ink $333m loan deal for power, transport sectors

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:27am on December 12, 2019

    The Asian Development Bank (ADB) will provide $333.26 million in loans for expansion of power transmission lines and designing the Dhaka Mass Rapid Transit (MRT)...

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    Adopting tech key to ensuring sustainable dev, inclusive financing: bankers 

    Staff Correspondent | Updated at 12:25am on December 12, 2019

    Ensuring sustainable development and inclusive financing ecosystem would not be possible unless technologies are embraced by financial institutions, experts and bankers said at a discussion...

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    Businesses urged not to just make profits

    Staff Correspondent | Updated at 12:17am on December 12, 2019

    Business leaders from the Asia and the Pacific region on Wednesday called upon their community to play more active role in solving people’s problems through...

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    Body to recommend single-digit lending rate for industries

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

    The seven-member committee on single-digit lending and deposit rates implementation is likely to submit its report to the central bank today, recommending single-digit interest rate...

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    AIBL launches ‘Islamic Wallet’

    Staff Correspondent | Updated at 12:00am on December 11, 2019

    Al-Arafah Islami Bank on Tuesday launched an Islamic Wallet, a Shariah based digital financial service, to facilitate transaction through mobile phones. AIBL in association with...

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    BB to release new Tk 50 note  Dec 15

    Staff Correspondent | Updated at 12:00am on December 11, 2019

    The Bangladesh Bank will release a new Tk 50 note on December 15 as the central bank has brought in some distinctive features to the bank...

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    BB allows use of other networks alongside NPSB for PoS-based transactions

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

    The Bangladesh Bank on Monday allowed banks and non-bank financial institutions connected with the National Payment Switch Bangladesh to use other networks alongside NPSB while...

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    China’s potential growth below 6pc over next five years: central bank adviser

    Reuters . Beijing | Updated at 11:00pm on December 08, 2019

    China’s potential economic growth will be below 6 per cent over the next five years, an adviser to China’s central bank said on Saturday. The...

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