Banking

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    IT firms seek to continue running business in non-commercial areas

    Staff Correspondent | Updated at 12:05am on August 30, 2018

    Bangladesh Association of Software and Information Services on Wednesday urged the government to allow IT firms continue running their businesses housed in non-commercial areas as...

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    July farm loan disbursement falls by 27pc

    Staff Correspondent | Updated at 12:05am on August 30, 2018

    Disbursement of farm loans by the scheduled banks declined by 26.86 per cent in July, the first month of the current fiscal year (2018-2019), compared...

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    Agent banking accounts increase by 21pc

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 06:04pm on August 29, 2018

    The number of agent banking accounts across the country increased by 21.01 per cent or 3.08 lakh in April-June quarter compared to the previous quarter...

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    Muhith sees no crisis for almost bankrupt BASIC Bank

    Staff Correspondent | Updated at 12:05am on August 29, 2018

    Finance minister AMA Muhith on Tuesday said resignation of Muhammad Awal Khan abruptly from the managing director post would not create any new crisis for...

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    BB asks banks to beef up cyber security after India bank hack

    Staff Correspondent | Updated at 09:58pm on August 16, 2018

    Bangladesh Bank on Thursday cautioned the country’s scheduled banks agaisnt any vulnerabilities to cyber attack and asked the banks to boost cyber-security measures in the...

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    Bangladesh Bank asks all banks to beef up cyber security measures

    Staff Correspondent | Updated at 08:40pm on August 16, 2018

    Bangladesh Bank on Thursday cautioned all the scheduled banks of cyber-attack asking all the entities to boost up security measures on the brink of recent...

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    India’s Cosmos Bank loses $13.5m in cyber attack

    Reuters . Mumbai | Updated at 08:32pm on August 15, 2018

    Cyber criminals hacked the systems of India's Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over...

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    Bangladesh Bank allows forex clearing account in Chinese yuan

    Staff Correspondent | Updated at 12:05am on August 15, 2018

    Bangladesh Bank on Tuesday announced that it would allow banks to open foreign currency clearing account with the central bank in Chinese yuan (renminbi)....

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    Most banks ignore Muhith’s latest deadline for single-digit rates

    Staff Correspondent | Updated at 09:52pm on August 12, 2018

    The decision to bring down the lending rate to nine per cent and deposit rate to six per cent by banks has witnessed so far...

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    Citi holds Belt and Road forum

    Business Desk | Updated at 09:48pm on August 12, 2018

    Citibank NA, Bangladesh recently hosted the ‘Belt and Road Forum Bangladesh 2018’ underlining Citi’s commitment to support Bangladesh, global clients and investors with the opportunities...

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