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HSBC-IBA Business Case Competition launched
Staff Correspondent | Updated at 10:35pm on February 15, 2017
HSBC-IBA Business Case Competition 2017 was on Wednesday launched at a programme in Dhaka with an aim to provide a platform for the students to...
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After HSBC, SBI closing branches
AKM Zamir Uddin | Updated at 10:12pm on February 14, 2017
State Bank of India has become the second foreign bank after HSBC that has taken a move to reduce the number of branches in Bangladesh...
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Recovery of classified loans major challenge, says BB governor
Bangladesh Sangbad Sangstha | Updated at 06:24pm on February 14, 2017
Bangladesh Bank governor Fazle Kabir on Tuesday said recovery of the classified loan is the major challenge in the banking sector which is likely to...
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Banks, NBFIs sign deal with BB to disburse JICA loans for RMG units
Staff Correspondent | Updated at 11:09pm on February 13, 2017
Bangladesh Bank on Monday signed participation agreements with 25 banks and 10 non-bank financial institutions to disburse a JICA fund amounting to Tk 268 crore...
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BB allows IFIC to invest more in Nepal bank bowing down to pressure
AKM Zamir Uddin | Updated at 10:15pm on February 12, 2017
Bangladesh Bank has approved an application of IFIC Bank Ltd for transferring capital worth $12.29 million or around Tk 98 crore to make further investment...
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Public banks’ NPLs create very alarming situation: BB governor
Staff Correspondent | Updated at 09:52pm on February 12, 2017
Bangladesh Bank governor Fazle Kabir on Sunday said that excessive defaulted loans at the state-owned commercial banks had created a very alarming situation in the...
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Fin min’s draft guidelines set board size at 9
AKM Zamir Uddin | Updated at 10:28pm on February 11, 2017
Finance ministry has drafted a set of guidelines on forming board of directors of the subsidiary companies of the state-run banks and non-bank financial institutions...
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School banking deposits reach Tk 983cr
Staff Correspondent | Updated at 10:43pm on February 10, 2017
The amount of deposits in the bank accounts owned by schoolchildren in the country increased to Tk 982.59 crore as of September 30 from that...
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Mobile banking service a farce, says former BB governor
Staff Correspondent | Updated at 11:18pm on February 09, 2017
Former Bangladesh Bank governor Mohammed Farashuddin on Thursday termed the mobile banking service a farce and criticised its providers for charging excessively high on the...
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BB warns banks not to cut interest on deposit
Staff Correspondent | Updated at 10:17pm on February 07, 2017
Bangladesh Bank on Tuesday asked banks to take initiatives to prevent the rates of interest on deposits from further falling...