Banking

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    Shayan becomes vice-chairman of IFIC Bank

    Business Desk | Updated at 12:00am on February 14, 2019

    Ahmed Shayan Fazlur Rahman has been elected as the vice-chairman of IFIC Bank Limited recently, said a press release....

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    Bashirul becomes Exim Bank DMD

    Business Desk | Updated at 12:00am on February 14, 2019

    Sheikh Bashirul Islam has been promoted as the deputy managing director of Exim Bank recently, said a press release....

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    EU broadens its dirty-money blacklist, adds Saudi Arabia

    Reuters . Strasbourg | Updated at 12:00am on February 14, 2019

    The European Commission added Saudi Arabia, Panama, Nigeria and other jurisdictions to a blacklist of nations that pose a threat because of lax controls on...

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    HC seeks list of loan defaulters, money launderers

    United News of Bangladesh . Dhaka | Updated at 06:28pm on February 13, 2019

    The High Court on Wednesday asked the authorities concerned to prepare a list of loan defaulters and money launderers of the last 20 years and...

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    Nazimuddoula becomes Premier Bank DMD

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

    Md Nazimuddoula has been appointed as the deputy managing director and chief human resources officer of Premier Bank, said a press release.Prior to his appointment,...

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    Amzad re-elected SBAC Bank chair

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

    SM Amzad Hossain has been re-elected chairman of the board of directors of South Bangla Agriculture and Commerce (SBAC) Bank, said a press release.He was...

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    Agent banking accounts double in one year

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on February 11, 2019

    The number of agent banking accounts across the country has doubled at the end of 2018 from 2017 as banks are gradually expanding their agent...

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    How Venezuela turns its useless bank notes into gold

    Reuters . Venezuela | Updated at 12:00am on February 11, 2019

    Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches....

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    RAKUB stresses farmers friendly banking

    Bangladesh Sangbad Sangstha . Rajshahi | Updated at 12:58am on February 09, 2019

    Zonal managers of the Rajshahi Krishi Unnayan Bank were urged to maintain farmers-friendly banking for boosting the grassroots economy.Speakers viewed this while addressing a daylong...

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    India’s banks unlikely to match RBI’s rate cut any time soon

    Reuters . Mumbai | Updated at 12:00am on February 09, 2019

    Indian bankers say piles of bad debt and the high cost of deposits mean they are unlikely to reduce interest rates on loans by as...

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