Banking

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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...

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    Complaints against banks soar with Sonali, BRAC leading chart

    Staff Correspondent | Updated at 10:00pm on February 08, 2017

    Complaints filed by clients with Bangladesh Bank against scheduled banks and non-bank financial institutions swelled in the last financial year with Sonali Bank and BRAC...

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    Tk 352cr more written off in Jul-Sept

    AKM Zamir Uddin | Updated at 10:28pm on February 06, 2017

    Country’s scheduled banks wrote off more bad debts worth Tk 352 crore in the July-September period of 2016 with IFIC Bank and Janata Bank shedding...

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    Banking commission at the end of govt tenure: Muhith

    Staff Correspondent | Updated at 10:31pm on February 05, 2017

    Finance minister AMA Muhith on Sunday said the government might appoint a commission for the country’s banking sector at the end of the present government’s...

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    Banking commission by end of govt tenure: Muhith

    Bangladesh Sangbad Sangstha | Updated at 07:45pm on February 05, 2017

      Finance minister AMA Muhith on Sunday said a banking commission will be constituted before the end of the tenure of the present government to...

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    Investment in nat’l saving tools marches past Tk 23,000cr in H1

    AKM Zamir Uddin | Updated at 10:11pm on February 04, 2017

    The net investment in the national savings certificates and bonds in the first half of the current financial year 2016-17 increased by 76.41 per cent...

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    Eurozone businesses stay buoyant at start of 2017

    Business Desk | Updated at 11:28pm on February 03, 2017

    Eurozone businesses started 2017 by increasing activity at the same multi-year record pace they set in December and faster growth in demand suggested the good...

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    Bank lending rate goes down for 24th month in a row

    Staff Correspondent | Updated at 11:00pm on February 03, 2017

    Scheduled banks cut their rates of interest on lending further in December, the 24th month in a row, as the businesspeople were still reluctant to...

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    WB okays $300m for grassroots level dev

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:40pm on February 01, 2017

    The World Bank has approved $300 million financing to empower the local governments at grassroots level with discretionary funds that would also enable communities decide...

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