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Allow listed companies to disburse dividends during holidays
Staff Correspondent | Updated at 09:43pm on April 24, 2020
The Bangladesh Merchant Bankers Association has urged the Bangladesh Securities and Exchange Commission to instruct companies to credit all the dividends they declared to the...
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Midland Bank launches Islami banking window
Business desk | Updated at 09:47pm on April 23, 2020
Midland Bank Limited started offering Shariah-based Islamic banking from its Gulshan Branch’s Islami banking window through a ceremony held at the bank’s head office in...
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Banks asked to keep all branches in commercial areas open
Staff Correspondent | Updated at 09:28pm on April 23, 2020
The Bangladesh Bank on Thursday increased the transaction hours to four hours for the bank branches which are located in the country’s major commercial areas...
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MFS cash-out charge set at Tk 4 per thousand for workers’ salary
Staff Correspondent | Updated at 09:02pm on April 23, 2020
The Bangladesh Bank on Thursday slashed the cash withdrawal (cash-out) charge through mobile financial services to Tk 4 a thousand taka for the export-oriented industries’...
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Bangladesh Bank forms Tk 15,000cr fund to support banks, NBFIs
Staff Correspondent | Updated at 08:58pm on April 23, 2020
The Bangladesh Bank on Thursday formed a Tk 15,000 crore revolving refinance scheme with a view to supporting the implementation of the Tk 30,000 crore stimulus...
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Adil becomes Bank Alfalah country head
Business Desk | Updated at 10:47pm on April 22, 2020
Adil lslam has been recently appointed country head of Bank Alfalah, said a press release. Prior to joining Bank Alfalah, Adil was the managing director...
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Dollar marching high as export, remittance slump
HM Murtuza | Updated at 09:45pm on April 21, 2020
The Bangladesh Bank has resumed selling dollars on the country’s financial market due to a shortage of the greenbacks and a rise in the dollar...
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Banks allowed to remit money to Bangladeshi students abroad for treatment
Staff Correspondent | Updated at 09:28pm on April 20, 2020
The Bangladesh Bank on Monday allowed banks to remit foreign currency for meeting medical expenses of the Bangladeshi students living aboard during the coronavirus pandemic....
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Government seeks $1.25b from ADB
Staff Correspondent | Updated at 09:07pm on April 20, 2020
Finance minister AHM Mustafa Kamal on Monday asked the Asian Development Bank to provide the government of Bangladesh with $1.25 billion in loans to offset...
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Bangladesh Bank rolls out Tk 3,000cr scheme for farmers, low-income people
Staff Correspondent | Updated at 09:03pm on April 20, 2020
The Bangladesh Bank on Monday launched a Tk 3,000 crore revolving refinance scheme for low-income group people, farmers and marginal or small businesses, specifying that loans...
Tuesday, June 02, 2020
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