Banking

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    Banks asked to set up day-care centre

    Staff Correspondent | Updated at 11:51pm on January 25, 2017

    Bangladesh Bank on Wednesday asked scheduled banks to set up day-care centre for the children of their employees...

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    Bank farm loan release through NGOs up on 25pc interest

    AKM Zamir Uddin | Updated at 11:32pm on January 25, 2017

    The scheduled banks disbursed Tk 5,371.23 crore in farm loans through the linkage of non-governmental organisations with an interest rate at 25 per cent in...

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    HSBC to close 117 branches in Britain, cut 380 jobs

    Business Desk | Updated at 11:24pm on January 24, 2017

    HSBC said on Tuesday it plans to close 117 branches this year and will cut 380 roles in Britain to try to reduce costs, reports...

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    Business leaders demand direct elections in FBCCI

    Staff Correspondent | Updated at 11:12pm on January 24, 2017

    Country’s business leaders on Tuesday demanded direct elections in all posts of the Federation of Bangladesh Chambers of Commerce and Industry to choose leadership for...

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    Trump’s protectionism to mar any B’desh benefit: economists

    Moinul Haque | Updated at 10:52pm on January 24, 2017

    United States’ pulling out of the Trans-Pacific Partnership deal, which has been thought to affect Bangladesh trade, will have a little impact on Bangladesh as...

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    As global cyber attacks grow, EU mulls banking stress tests

    Reuters . Brussels | Updated at 10:10pm on January 23, 2017

    The European Union is considering testing banks’ defences against cyber attacks, EU officials and sources said, as concerns grow about the industry’s vulnerability to hacking...

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    BB to announce new monetary policy Jan 29

    Staff Correspondent | Updated at 10:05pm on January 23, 2017

    Bangladesh Bank is going to announce its monetary policy for the January-June period of this year on January 29, said officials of the central bank...

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    Loan release for import-replacing crops remains slow in H1

    Staff Correspondent | Updated at 09:55pm on January 23, 2017

    Loan disbursement by scheduled banks to farmers involved in cultivating four types of import-replacing crops — pulses, oil seeds, spices and maize — stood at...

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    Importers allowed to use ERQ fund to settle import payment for all cos

    Staff Correspondent | Updated at 10:16pm on January 22, 2017

    Bangladesh Bank on Sunday said that an importer would be allowed to settle import payment by taking fund from his/her other companies’ export retention quota...

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    None goes to BERC tribunal directly

    Staff Correspondent | Updated at 10:12pm on January 22, 2017

    Utilities, businesses and consumers in the energy sector are yet to go directly to the Bangladesh Energy Regulatory Commission for settlement of disputes between two...

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