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    BRAC Bank offers exclusive home loan at 37 developers

    Business Desk | Updated at 11:19pm on February 26, 2021

    BRAC Bank is offering exclusive home loans at a special interest rate of 8.5 per cent and a processing fee of only 1 per cent...

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    BB mulling incentive against small-value remittance

    Staff Correspondent | Updated at 11:11pm on February 26, 2021

    The Bangladesh Bank has started an analysis into the possibility of issuing incentive to small-value remitters by reducing the cost of sending money home from...

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    Govt probing allegation of demanding bribes against IDRA chair

    Staff Correspondent | Updated at 10:42pm on February 25, 2021

    The government has formed a committee to investigate an allegation of demanding bribes against Insurance Development and Regulatory Authority chairman M Mosharraf Hossain. On December...

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    BB signs deals with 14 banks, financial institutions

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 07:21pm on February 25, 2021

    Bangladesh Bank on Thursday signed participation agreements with nine banks and five financial institutions to enhance competitive capacity and sustainability of the export oriented industries....

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    Sri Lanka seeks $2.2 bn from China amid shrinking reserves 

    Agence France-Presse. Colombo | Updated at 07:03pm on February 25, 2021

    Sri Lanka is seeking $2.2 billion from Chinese banks, the government said Thursday, in echoes of a borrowing binge more than a decade ago that...

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    MBL launches Islamic banking services in 20 more branches

    Business Desk | Updated at 10:50pm on February 24, 2021

    Mercantile Bank Limited has launched Shariah-complied Islamic banking services named TAQWA in its 20 more branches in the country, said a press release. MBL managing...

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    Monowara elected NBL chair

    Business Desk | Updated at 10:48pm on February 24, 2021

    Monowara Sikder has been elected chairperson of National Bank Limited for the next three years, said a press release. The election came at a board...

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    Janata Bank faces highest customer complaints in FY19

    Staff Correspondent | Updated at 10:37pm on February 24, 2021

    Customers of state-owned Janata Bank lodged the highest 442 complaints to the Bangladesh Bank against the SCB on different issues in the fiscal year 2018-2019,...

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    Weak NBFIs barred from dividend issuance

    Staff Correspondent | Updated at 10:36pm on February 24, 2021

    The Bangladesh Bank on Wednesday tightened rules on dividend declaration by non-bank financial institutions to ensure adequate cash flow in the financial institutions. To tackle...

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    JBL expresses shock at Luna’s death

    Business Desk | Updated at 11:11pm on February 23, 2021

    The board of directors of Janata Bank Limited has expressed deep shock at the death of its former chairperson and entrepreneur Luna Shamsuddoha, said a...