Banking

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    Disbursement of SME loan up 22pc in 2016

    AKM Zamir Uddin | Updated at 10:42pm on March 01, 2017

    SME loan disbursement by banks and non-bank financial institutions increased by 22.49 per cent to Tk 1,41,935.38 crore in 2016 compared with that in the...

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    Remittance inflow keeps bleeding in Feb

    Staff Correspondent | Updated at 10:19pm on March 01, 2017

    The inward remittance decreased by 17 per cent to $8.11 billion in the first eight months of the current financial year 2016-17 from $9.77 billion...

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    BB eases dollar reconversion rules for foreign tourists

    Staff Correspondent | Updated at 02:14am on March 01, 2017

    Bangladesh Bank on Tuesday said that foreign tourists would be allowed to reconvert their currencies into the US dollar from the taka through any money...

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    China bank fraud base found in Japan

    Business Desk | Updated at 10:33pm on February 27, 2017

    The base for a group of people involved in a Chinese version of a bank transfer scam has been found in Japan...

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    12 banks warned for higher credit growth than deposits

    AKM Zamir Uddin | Updated at 10:32pm on February 27, 2017

    Bangladesh Bank has warned 12 commercial banks due to their higher credit growth than collected deposits...

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    Faruque becomes SBAC Bank SAMD

    Business Desk | Updated at 10:30pm on February 27, 2017

    Md Golam Faruque has recently joined South Bangla Agriculture and Commerce Bank as senior additional managing director, said a news release...

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    India firms fear lingering economic aftershocks from cash crackdown

    Reuters . Ghaziabad, India | Updated at 10:29pm on February 27, 2017

    Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government’s crackdown on cash will have a...

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    PM opens country’s 1st solar-powered food silo

    Bangladesh Sangbad Sangstha . Santahar, Bogra | Updated at 10:20pm on February 26, 2017

    Prime minister Sheikh Hasina on Sunday inaugurated a state of the art multistoried food warehouse, having capacity of storing 25,000 tonnes of food grains at...

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    6 banks fail to keep provision in ’16

    AKM Zamir Uddin | Updated at 09:56pm on February 26, 2017

    The overall shortfall in provision against general and defaulted loans in the banking sector increased by 27.70 per cent, or Tk 1,186.65 crore, to Tk...

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    India’s Q4 economic growth seen slowing to near 3-year low

    Reuters . Bengaluru | Updated at 10:38pm on February 24, 2017

    India’s economy is expected to have slowed sharply to a near three-year low in the final three months of 2016, as demand wilted following prime...

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