-
British banks to push for new EU access plan after UK polls
Reuters . London | Updated at 12:00am on December 14, 2019
Banks in Britain are drawing up fresh proposals for how they could access customers in the European Union after Brexit in a bid to influence...
-
Deposit growth in banks hits 30-month high in October
HM Murtuza | Updated at 12:00am on December 14, 2019
Deposit growth in the country’s banking sector hit a 30-month high of 12.19 per cent in October this year as savers returned to banks after...
-
Fed keeps rates on hold
Reuters . Washington | Updated at 12:00am on December 13, 2019
The US Federal Reserve on Wednesday held interest rates steady and signalled borrowing costs would not change anytime soon, with moderate economic growth and historically...
-
Rashid Ahmed re-elected BCB chairman
Business Desk | Updated at 12:32am on December 12, 2019
Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...
-
Rashid Ahmed re-elected BCB chairman
Business Desk | Updated at 12:32am on December 12, 2019
Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...
-
Govt, ADB ink $333m loan deal for power, transport sectors
Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:27am on December 12, 2019
The Asian Development Bank (ADB) will provide $333.26 million in loans for expansion of power transmission lines and designing the Dhaka Mass Rapid Transit (MRT)...
-
Adopting tech key to ensuring sustainable dev, inclusive financing: bankers
Staff Correspondent | Updated at 12:25am on December 12, 2019
Ensuring sustainable development and inclusive financing ecosystem would not be possible unless technologies are embraced by financial institutions, experts and bankers said at a discussion...
-
Businesses urged not to just make profits
Staff Correspondent | Updated at 12:17am on December 12, 2019
Business leaders from the Asia and the Pacific region on Wednesday called upon their community to play more active role in solving people’s problems through...
-
Body to recommend single-digit lending rate for industries
Staff Correspondent | Updated at 12:13am on December 12, 2019
The seven-member committee on single-digit lending and deposit rates implementation is likely to submit its report to the central bank today, recommending single-digit interest rate...
-
AIBL launches ‘Islamic Wallet’
Staff Correspondent | Updated at 12:00am on December 11, 2019
Al-Arafah Islami Bank on Tuesday launched an Islamic Wallet, a Shariah based digital financial service, to facilitate transaction through mobile phones. AIBL in association with...