Banking

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    Shahidul becomes SJIBL AMD

    Business Desk | Updated at 11:08pm on June 22, 2017

    M Shahidul Islam joined Shahjalal Islami Bank as additional managing director on Tuesday, said a news release....

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    Tk 4,327cr more written off

    AKM Zamir Uddin | Updated at 11:30pm on June 21, 2017

    Country’s banks wrote off afresh defaulted loans worth Tk 4,326.98 crore in 2016 as part of cleaning up their balance sheets...

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    BB serves notice on NRBC Bank chairman

    Staff Correspondent | Updated at 12:32am on June 21, 2017

    Bangladesh Bank has issued a show-cause notice to NRB Commercial Bank chairman Farasath Ali asking him to explain why he placed ‘false information’ before the...

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    Banks asked to keep open some branches in June 23-24

    Staff Correspondent | Updated at 12:29am on June 21, 2017

    Bangladesh Bank on Tuesday asked schedule banks to keep open some of their branches connected with apparel industries on June 23 (Friday) and 24 (Saturday)...

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    Proposed budget long on hopes but short on measures

    Staff Correspondent | Updated at 12:27am on June 21, 2017

    The World Bank on Tuesday said that the proposed budget for the upcoming fiscal year was full of ambitious targets, but devoid of specific actions...

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    2 lakh loan defaulters

    Staff Correspondent | Updated at 12:09am on June 21, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday told parliament that the number of loan defaulters in the country was now 2,02,623....

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    2.02 lakh loan defaulters

    Staff Correspondent | Updated at 05:06pm on June 20, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday told parliament that the total number of loan defaulters now stands at...

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    Discussion underway to reduce excise duty, VAT: Muhith

    United News of Bangladesh | Updated at 01:38pm on June 20, 2017

    Finance minister AMA Muhith on Tuesday said they were discussing to reduce the amount of excise duty on bank deposits and the...

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    Bangladesh yet to get back $66.37m of stolen BB reserve

    United News of Bangladesh | Updated at 01:29pm on June 20, 2017

    Bangladesh did not get back USD 66.37 million of the stolen money of USD 101 million from Bangladesh Bank reserve till now...

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    Banks urge BB to allow 25pc interest on credit card loans

    Staff Correspondent | Updated at 11:23pm on June 19, 2017

    Commercial banks on Monday requested Bangladesh Bank to allow them to set around 25 per cent interest rate on loans disbursed through credit cards, revising...

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