Banking

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    Helal new director of Janata Bank

    Business Desk | Updated at 09:23pm on May 21, 2020

    Former managing director of Bangladesh Krishi Bank Mohammad Helal Uddin has recently joined the board of directors of Janata Bank, said a press release. He...

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    AIIB approves $250m for Bangladesh to fight against COVID-19

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 09:21pm on May 21, 2020

    The Asian Infrastructure Investment Bank (AIIB) has approved $250 million for extending cooperation to Bangladesh government’s utmost efforts for combating Covid-19. ‘AIIB board of directors...

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    Remittance inches up before Eid

    Staff Correspondent | Updated at 09:06pm on May 21, 2020

    The inflow of remittance rebounded a bit in the first 19 days of May as the expatriates sent money to their near and dear ones...

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    Bangladesh Bank refrains from setting NBFIs’ lending rate

    HM Murtuza | Updated at 10:38pm on May 20, 2020

    The Bangladesh Bank has refrained from imposing a lending rate ceiling on non-bank financial institutions after more than two months of imposing such limit on...

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    Bangladesh Bank signs deals with 44 banks over stimulus loan refinancing

    Staff Correspondent | Updated at 11:09pm on May 19, 2020

    The Bangladesh Bank has signed participation agreements with 44 banks to disburse Tk 15,000 crore in loans for the implementation of the government-announced stimulus package for...

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    Padma Bank’s 58th board meeting held

    Business Desk | Updated at 09:36pm on May 17, 2020

    The 58th meeting of the board of directors of Padma Bank was recently convened online to ensure banking services in the wake of the coronavirus...

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    Agrani Bank, BKash disburse Tk 116.74cr from PM’s education assistant trust

    Business Desk | Updated at 09:34pm on May 17, 2020

    Agrani Bank in cooperation with mobile financial service BKash has disbursed Tk 102.74 crore among 2.1 lakh students through mobile banking and Tk 14 crore...

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    EDF loan limit for garments, textiles factories raised to $30m

    Staff Correspondent | Updated at 09:20pm on May 17, 2020

    The Bangladesh Bank on Sunday extended the lending limit for garments and textile factories from the export development fund to $30 million from the existing...

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    Special incentive for bankers valid till May 29

    Staff Correspondent | Updated at 09:18pm on May 17, 2020

    Special incentive for bank employees who perform their duties by being physically present at the banks will not applicable after May 29, the Bangladesh Bank...

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    Imports slump 62pc in April amid pandemic

    HM Murtuza | Updated at 09:12pm on May 17, 2020

    The country’s overall import payments dropped by 61.61 per cent, or $3.13 billion, year-on-year in April this year amid a countrywide shutdown imposed by the...

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