Banking

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    Obayed joins as Rupali Bank MD and CEO

    Business Desk | Updated at 12:00am on August 29, 2019

    Md Obayed Ullah Al Masud has joined Rupali Bank as managing director and CEO, said a press release. Prior to this appointment, he worked as...

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    Ataur joins as Sonali Bank CEO and MD

    Business Desk | Updated at 12:00am on August 29, 2019

    Mohammad Ataur Rahman Prodhan has been appointed as the CEO and managing director of Sonali Bank, said a press release. Prior to this appointment, he...

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    Jamaluddin becomes Janata Bank chair

    Business Desk | Updated at 12:00am on August 29, 2019

    Jamaluddin Ahmed has been appointed as the chairman of Janata Bank, said a press release. Prior to his appointment, he was one of the board...

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    Bangladesh Bank board endorses fresh rescheduling facility for large borrowers

    Staff Correspondent | Updated at 12:00am on August 29, 2019

    The board of directors of Bangladesh Bank has endorsed a policy on extending time for loan repayment for the 11 large borrowers who got loan...

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    Bangladesh govt borrows Tk 26,249cr from banking sector in 51 days

    Staff Correspondent | Updated at 12:00am on August 29, 2019

    The government’s net borrowing from the banking system in the first 51 days of the current fiscal year (2019-2020) almost touched its net borrowing from...

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    India’s central bank unveils $24b windfall for govt

    Agence France-Presse . New Delhi | Updated at 12:00am on August 28, 2019

    India’s central bank has announced a $24-billion windfall for the cash-strapped government, giving a much-needed boost to prime minister Narendra Modi as he seeks to...

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    IMF sceptical about success of bad loan recovery by AMCs

    Staff Correspondent  | Updated at 12:00am on August 28, 2019

    A visiting International Monetary Fund team on Tuesday expressed scepticism about success of the government move of appointing asset management companies for recovering bad loans...

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    Bangladesh Bank profits soar to Tk 4,461cr in FY19

    Staff Correspondent | Updated at 12:00am on August 28, 2019

    Bangladesh Bank’s operating profits soared to Tk 4,461 crore in the financial year of 2018-19 from Tk 791 crore in the previous fiscal year due mainly to...

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    Bangladesh Bank re-fixes commemorative gold coin price

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on August 27, 2019

    Bangladesh Bank (BB) has re-fixed the prices of commemorative gold coins for International Mother Language Day. From now, a 22-carat gold commemorative coin...

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    Mansur elected BRAC Bank chairperson

    Staff Correspondent | Updated at 12:00am on August 27, 2019

    Economist Ahsan H Mansur, independent director of BRAC Bank board, has been elected chairperson of the bank, said a press release. He succeeded Fazle Hasan...

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