Banking

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    HC orders status quo over BB show-cause notices on NRBC Bank

    AKM Zamir Uddin | Updated at 11:12pm on March 29, 2017

    The High Court on Tuesday asked the Bangladesh Bank to maintain a status quo over two of its show-cause notices served on managing director and...

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    AI to become main way banks interact with customers in 3 yrs

    Reuters | Updated at 05:09pm on March 28, 2017

    Artificial intelligence will become the primary way banks interact with their customers within the next three years, according to three quarters of...

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    Board asks BB to ensure fire safety

    Staff Correspondent | Updated at 11:04pm on March 27, 2017

    The board of Bangladesh Bank on Monday asked its management to restructure its fire safety measures to prevent any fire incident. The directive came following...

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    Controversial United Air lobbies scam-hit Agrani for Tk 300cr loan

    HM Murtuza | Updated at 10:45pm on March 27, 2017

    Out-of-operation United Airways (Bangladesh) Limited has approached scam-hit Agrani Bank for a loan worth around Tk 300 crore after receiving no response from most of...

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    BRAC Bank records 74pc profit growth in 2016

    Business Desk | Updated at 11:56pm on March 25, 2017

    BRAC Bank recorded a 74 per cent growth in year-on-year after tax profit (consolidated) in the year of 2016, said a news release...

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    Banks reluctant to open street children accounts

    Staff Correspondent | Updated at 11:00pm on March 24, 2017

    The country’s scheduled banks are still reluctant to extend their services to street children and child workers as they (banks) opened only 3,725 accounts for...

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    Investigation into BB fire incident begins

    United News of Bangladesh | Updated at 02:06pm on March 24, 2017

    The 3-member committee formed by the Bangladesh Bank to investigate the fire incident on its 13th floor started working on Friday...

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    US may accuse N Korea: WSJ

    Reuters . New York | Updated at 12:05am on March 24, 2017

    US prosecutors are building potential cases that would accuse North Korea of directing the theft of $81 million from Bangladesh Bank’s account at the Federal...

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    EPZ industries exempted from bank guarantee

    Staff Correspondent | Updated at 10:31pm on March 22, 2017

    The National Board of Revenue has exempted the industries located in public and private export processing zones from providing bank guarantees to the customs houses...

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    BB plans cash incentives for remitters

    AKM Zamir Uddin | Updated at 10:27pm on March 22, 2017

    Bangladesh Bank has planned to place a proposal before the government to give cash incentives to non-resident Bangladeshis who send up to $200 in remittance...

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