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    Farmers to be exempted from service charge for farm loans

    AKM Zamir Uddin | Updated at 11:46pm on July 15, 2017

    Farmers will not pay any service charge while taking agriculture loans from the banks in line with the latest decision of the Bangladesh Bank....

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    Lending rate rises in May after 29-month fall

    Staff Correspondent | Updated at 11:10pm on July 14, 2017

    Interest rates on banks’ lending products increased in May after 29 months of fall as the private sector credit growth has been rising in recent...

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    Banks asked to help flood-hit people

    Staff Correspondent | Updated at 12:25am on July 13, 2017

    Bangladesh Bank on Wednesday requested all banks and non-bank financial institutions to extend their assistance for rehabilitation of the flood affected people under the corporate...

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    12 DMDs appointed at 7 state-owned banks

    Staff Correspondent | Updated at 12:23am on July 13, 2017

    The government has appointed 12 deputy managing directors at seven state-run banks and Investment Corporation of Bangladesh. The finance ministry issued a circular on Tuesday...

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    BB may raise pvt sector growth target in MPS

    Staff Correspondent | Updated at 12:15am on July 13, 2017

    Bangladesh Bank may increase the private sector growth target slightly in the coming monetary policy statement (MPS) for July-December of 2017 with a view to...

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    BB takes initiative to make DIBOR vibrant

    AKM Zamir Uddin | Updated at 12:10am on July 13, 2017

    Bangladesh Bank has taken an initiative to make vibrant the Dhaka Interbank Offered Rate (DIBOR) to fix a uniform interbank interest rate for short-term loan...

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    Govt’s FY17 bank borrowing logs negative Tk 18,029cr

    AKM Zamir Uddin | Updated at 10:59pm on July 11, 2017

    The government’s net bank borrowing registered negative Tk 18,029.10 in the just-concluded fiscal year 2016-17 due to massive investment on national savings certificates, Bangladesh Bank...

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    Govt lacks political will to solve banking sector problems: CPD

    Staff Correspondent | Updated at 10:57pm on July 10, 2017

    The Centre for Policy Dialogue on Monday said that the government lacked political will to solve the problems of the banking sector and bring necessary...

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    Tk 844 cr transacted thrugh mobile services

    United News of Bangladesh | Updated at 07:57pm on July 10, 2017

      Finance Minister AMA Muhith on Monday told Parliament that the daily average transaction of money through mobile financial services is around Tk 844 crore....

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    BB warns BRAC Bank for breaching conditions for UK exchange house

    AKM Zamir Uddin | Updated at 11:16pm on July 09, 2017

    Bangladesh Bank has issued ‘stern warning’ to BRAC Bank for breaching a number of conditions set by the central bank to run the operations of...