Banking

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    Desire for issuing loans to same client by banks rises: study

    Staff Correspondent | Updated at 12:00am on April 24, 2019

    Craving for issuing loans to same client by multiple banks rose by 4.39 percentage points in 2018 compared with that in the previous year, resulting...

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    BB gives banks big breaks over defaulted loans

    HM Murtuza | Updated at 12:00am on April 23, 2019

    Bangladesh Bank has relaxed rules regarding defaulted loan classification by extending the time for treating overdue loans as doubtful and bad, giving further breaks to...

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    StanChart launches Swadeshi Banking for NRBs

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

    Standard Chartered Bank has launched Swadeshi Banking, a one-stop suit of banking solutions for the non-resident Bangladeshis, providing a number of facilities including fund transfers,...

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    Farm loan release rises in March

    Staff Correspondent | Updated at 12:00am on April 20, 2019

    Disbursement of farm loans by the scheduled banks increased by 6.85 per cent or Tk 137.91 crore in March this fiscal year (2018-19) compared with...

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    Japan inflation edges higher but BoJ still in a bind

    Reuters . Tokyo | Updated at 12:00am on April 20, 2019

    Japan’s core inflation picked up slightly in March from a year earlier, but remained distant from the Bank of Japan’s ambitious 2 per cent target...

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    Kabir re-elected BIA president

    Staff Correspondent | Updated at 12:00am on April 20, 2019

    Sheikh Kabir Hossain, chairman of Sonar Bangla Insurance Company, was on Wednesday re-elected president of the Bangladesh Insurance Association for two years for the fifth...

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    None to be allowed to take money abroad to open subsidiary co: BB

    Staff Correspondent | Updated at 12:00am on April 19, 2019

    The Bangladesh Bank on Thursday clarified that no local entity will be allowed to take foreign currency aboard to set up subsidiary company.The central bank...

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    Former secy Kaniz becomes Karmasangsthan Bank chair

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

    Former secretary Kaniz Fatema joined Karmasangsthan Bank as chairman on April 15, said a press release.She started her professional career in 1983 by joining government...

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    Shafiqur joins AIBL as DMD

    Business Desk | Updated at 12:00am on April 18, 2019

    Md Shafiqur Rahman has joined as Al-Arafah Islami Bank deputy managing director recently, said a press release. Prior to his joining, he worked as the...

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    Prime Bank eyes sustainable growth

    Staff Correspondent | Updated at 12:00am on April 18, 2019

    Prime Bank will maintain sustainable profit growth in the coming years and will continue changing business pattern with innovative retail and wholesale products, and include...

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