Banking

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    Bank scams, governance main challenges for next govt

    Staff Correspondent | Updated at 11:03pm on November 12, 2018

    Economists on Monday identified irregularities in the financial sector and lack of good governance as the main challenges that the next government would face in...

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    MTB to issue UnionPay cards

    Business Desk | Updated at 12:00am on November 12, 2018

    Mutual Trust Bank has signed a partnership agreement with UnionPay International, the largest card payment organisation in the world in terms of number of cards...

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    BB extends application submission deadline for software export subsidy

    Staff Correspondent | Updated at 12:00am on November 12, 2018

    Bangladesh Bank has extended time to apply for getting subsidy on export of software, ITES and hardware in the fiscal year 2017-2018 by 30 days.The...

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    Public-pvt coop required to achieve growth target: seminar

    Staff Correspondent | Updated at 12:00am on November 12, 2018

    Loan and grant projects of Asian Development Bank have created huge business opportunity in the country and now it is the time for the private...

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    SME loan not adequate for 56pc women entrepreneurs: BIDS study

    Staff Correspondent | Updated at 12:00am on November 12, 2018

    Majority of the female small and medium entrepreneurs have reported that the current loan limit for the SME sectors is inadequate considering the financial need...

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    Dhaka Bank re-appoints Mahbubur as MD

    Business Desk | Updated at 12:00am on November 11, 2018

    Syed Mahbubur Rahman has been renewed as the managing director and CEO of Dhaka Bank, said a press release. Prior to his joining DBL, he...

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    Setting bank interest rates by govt to disrupt competition: experts

    Staff Correspondent | Updated at 12:00am on November 09, 2018

    Experts on Thursday said that setting interest rates by the government in a free market economy like Bangladesh was a wrong decision and it would...

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    SME should get more priority, businessmen in a seminar

    Staff Correspondent . Chattogram | Updated at 11:57pm on November 07, 2018

    Businessmen on Wednesday in a seminar urged the government to give more priority on the country’s SME sector as it can play a pivotal role...

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    EU says SWIFT decision on Iran banks regrettable

    Reuters . Brussels | Updated at 12:00am on November 08, 2018

    The European Commission said on Wednesday it found regrettable the decision by the Belgium-based SWIFT financial messaging service to suspend some unspecified Iranian banks’ access...

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    Russia seeks to dump dollar as new US sanctions loom

    Agence France-Presse . Moscow | Updated at 12:00am on November 08, 2018

    Moscow is intensifying efforts to wean its economy off the dollar as Washington considers tough new sanctions that could deny Russia access to foreign debt...

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