Banking

  • Images

    Akkas Uddin re-elected SJIBL chair

    Business Desk | Updated at 12:00am on January 19, 2019

    Akkas Uddin Mollah has been re-elected as chairman of the board of directors of Shahjalal Islami Bank at its 274th board meeting, said a press...

  • Images

    BB asks banks to provide complete report to its online system

    Staff Correspondent | Updated at 12:00am on January 18, 2019

    Bangladesh Bank on Tuesday asked all authorised dealer banks to provide complete report on inland back to back letters of credit properly with the BB’s...

  • Images

    City Bank MD Sohail resigns

    Staff Correspondent | Updated at 12:00am on January 18, 2019

    City Bank managing director and chief executive officer Sohail RK Hussain has resigned nine months before the expiry of his tenure following a ‘dispute’ with...

  • Images

    New BB guidelines on rating borrowers to contain NPLs

    Staff Correspondent | Updated at 12:00am on January 18, 2019

    Bangladesh Bank on Thursday launched new guidelines on evaluating entities’ financial health before sanctioning loans by banks to them with a view to reducing non-performing...

  • Images

    Goldman Sachs CEO apologises for ex-banker's role in 1MDB scandal

    Reuters | Updated at 12:38pm on January 17, 2019

    Goldman Sachs Group Inc chief executive officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner's role in the sovereign...

  • Images

    IMF to resume Sri Lanka’s loan discussion in Feb: Lagarde

    Reuters . Colombo | Updated at 12:00am on January 17, 2019

    The International Monetary Fund will resume discussions with Sri Lanka in February for further disbursal of part of a $1.5 billion loan, the lender said,...

  • Images

    China cenbank’s record $83b injection heightens worries over ailing economy

    Reuters . Shanghai | Updated at 12:00am on January 17, 2019

    China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further...

  • Images

    Brexit deal defeat boosts European banks, hurts FTSE 100

    Reuters . London | Updated at 04:26pm on January 16, 2019

    British shares lagged Europe on Wednesday after prime minister Theresa May’s resounding defeat in a parliamentary vote on her Brexit deal, but in the face...

  • Images

    IFIL launches 3 investment and deposit products

    Staff Correspondent | Updated at 12:00am on January 16, 2019

    Islamic Finance and Investment Limited on Tuesday launched three new investment and deposit products to facilitate customers and provide better financial service.The company launched the...

  • Images

    Fintech firms want to shake up banking that worries US Fed

    Reuters . Washington | Updated at 12:00am on January 15, 2019

    The US Federal Reserve is wary of giving ‘fintech’ firms such as OnDeck Capital Inc or Kabbage Inc. access to the country’s financial infrastructure, putting...

Advertisement

images