Banking

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    Tk 900cr collected as health surcharge remains idle

    Staff Correspondent | Updated at 10:17pm on August 24, 2017

    Around Tk 900 crore collected as health development surcharge on tobacco products remained idle as the government is yet to formulate guidelines on use of...

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    State-owned banks to appoint 1,663 officers

    Staff Correspondent | Updated at 10:57pm on August 23, 2017

    A total of 1,663 officers would be appointed in country’s eight state-owned banks...

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    Six banks’ provision shortfall rises to Tk 8,534cr

    AKM Zamir Uddin | Updated at 10:53pm on August 20, 2017

    Provision shortfall in six commercial banks increased further by 18.47 per cent to Tk 8,534.08 crore in the second quarter (April-June) from Tk 7,203.34 crore in the...

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    Agent banking on a roll as accounts top 7 lakh

    Staff Correspondent | Updated at 10:56pm on August 18, 2017

    Agent banking in the country’s banking sector continues to gain popularity among the rural people as the clients are now allowed to keep deposit and...

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    BB slashes green fund interest rate

    Staff Correspondent | Updated at 10:50pm on August 17, 2017

    Bangladesh Bank on Thursday cut the interest rate of green transformation fund (GTF) for the export oriented textile and textile products and leather manufacturing industries...

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    Banks’ defaulted loans rise by Tk 738cr in Q2

    AKM Zamir Uddin | Updated at 10:46pm on August 17, 2017

    The defaulted loans in the banking sector rose further by Tk 738.94 crore in the second quarter (April-June) of this year taking the total defaulted loans...

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    Banks asked to receive application even if export proceeds not repatriated

    Staff Correspondent | Updated at 12:25am on August 17, 2017

    Bangladesh Bank on Wednesday asked commercial banks to receive the applications submitted by the exporters against their claimed subsidy and cash incentive even if the...

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    Deposits in street children’s bank accounts drop sharply

    Staff Correspondent | Updated at 11:03pm on August 15, 2017

    Deposit in the street children’s accounts with the banks decreased significantly in the first three months of this year as the country’s commercial banks are...

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    Current account balance turns negative after 4yrs

    AKM Zamir Uddin | Updated at 10:06pm on August 14, 2017

    The country’s current account balance registered a deficit of $ 1.48 billion in the recently concluded fiscal year 2016-17 for the first time in last...

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    Deposits in school banking accounts rise to Tk 1,100cr

    Staff Correspondent | Updated at 10:41pm on August 11, 2017

    Total deposits in the bank accounts owned by schoolchildren in the country increased to Tk 1,100.37 crore as of March 31, 2017 from that of Tk 1,020.79...

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