Banking

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    SME should get more priority, businessmen in a seminar

    Staff Correspondent . Chattogram | Updated at 11:57pm on November 07, 2018

    Businessmen on Wednesday in a seminar urged the government to give more priority on the country’s SME sector as it can play a pivotal role...

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    EU says SWIFT decision on Iran banks regrettable

    Reuters . Brussels | Updated at 12:00am on November 08, 2018

    The European Commission said on Wednesday it found regrettable the decision by the Belgium-based SWIFT financial messaging service to suspend some unspecified Iranian banks’ access...

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    Russia seeks to dump dollar as new US sanctions loom

    Agence France-Presse . Moscow | Updated at 12:00am on November 08, 2018

    Moscow is intensifying efforts to wean its economy off the dollar as Washington considers tough new sanctions that could deny Russia access to foreign debt...

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    India cenbank governor could resign amid tussle with govt: report

    Reuters . New Delhi | Updated at 12:00am on November 08, 2018

    Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on November 19, online financial publication Moneylife reported...

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    Poor governance, regulatory grip keep hurting banking sector

    Staff Correspondent | Updated at 12:00am on November 08, 2018

    The overall situation in the country’s banking sector has not improved much due to lack of monitoring, poor internal governance and inadequate data assessment system,...

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    Pakistan to begin talks with IMF over yet another bailout

    Reuters . Islamabad | Updated at 02:01am on November 07, 2018

    Pakistan begins nearly two weeks of talks with the International Monetary Fund on Wednesday over what would be the South Asian country’s 13th IMF bailout...

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    India govt set to turn up heat on cenbank governor

    Reuters . New Delhi/Mumbai | Updated at 01:59am on November 07, 2018

    The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over surplus reserves even if it...

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    SWIFT says suspending some Iranian banks’ access

    Reuters | Updated at 12:00am on November 06, 2018

    The Belgium-based SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of...

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    Money moves again in Iraq’s Mosul, but not via banks

    Agence France-Presse . Mosul | Updated at 12:00am on November 05, 2018

    Since jihadists were ousted from Mosul last year, taxi driver Abu Aref has ferried more than just people into Iraq’s second city: he regularly smuggles...

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    US municipal bond market struggles to find footing

    Reuters . New York | Updated at 12:00am on November 04, 2018

    The typically steady-as-she-goes US municipal bond market is beginning to tread on shaky ground, with continuous mutual fund outflows, weaker prices and rising supply in...

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