Banking

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    Nazrul becomes AMD of Provati Insurance

    Business desk | Updated at 12:00am on March 29, 2019

    Md Nazrul Islam Mazumder has been promoted as the additional managing director of Provati Insurance Co Ltd, said a press release....

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    Deposits in school banking accounts exceed Tk 1,500cr

    Staff Correspondent | Updated at 12:00am on March 28, 2019

    Students’ deposits in their bank accounts crossed Tk 1,500 crore at the end of December 2018, according to a Bangladesh Bank report released on Wednesday....

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    PM opens digital financial service Nagad  

    United News of Bangladesh . Dhaka | Updated at 07:55pm on March 26, 2019

    Prime minister Sheikh Hasina on Tuesday inaugurated Bangladesh Post Office’s digital financial service titled Nagad to meet the growing demand of mobile banking among people.At...

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    Govt faces difficulties in finalising conditions

    Staff Correspondent | Updated at 12:00am on March 26, 2019

    The government faces difficulty in finalising a bailout package for restructuring defaulted loan as some of the proposed terms and conditions of the package are...

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    Chartered accountants seek cut in corporate, income taxes

    Staff Correspondent | Updated at 12:00am on March 25, 2019

    Institute of Chartered Accountants in Bangladesh on Sunday urged the government to reduce the rates of taxes including corporate and income taxes so that country’s...

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    NBFI booths barred from handling deposit, loan

    Staff Correspondent | Updated at 12:00am on March 25, 2019

    Bangladesh Bank has barred non-bank financial institutions from conducting any sort of direct transaction including deposit collection and issuing credit through their business development centres...

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    State-sponsored cyberattacks on banks on the rise

    Reuters . New York | Updated at 12:00am on March 24, 2019

    Cyberattacks on financial institutions are increasingly being linked to nation-states, resulting in destructive and disruptive damages rather than just theft, according to a report by...

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    Masud joins Dhaka Bank as CFO

    Business Desk | Updated at 12:00am on March 23, 2019

    Mohammod Masud Rana has joined Dhaka Bank as chief financial officer, said a press release...

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    Apparel exporters to get up to 12pc cash incentives

    Staff Correspondent | Updated at 12:00am on March 22, 2019

    Bangladesh Bank on Thursday said that the cumulative cash incentives, up to 12 per cent, against apparel exports would not be reduced in this fiscal...

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    Top bankers back London as financial hub whatever Brexit outcome

    Reuters . London | Updated at 12:00am on March 22, 2019

    London will be central to global financial markets whatever shape Britain’s exit deal from the European Union (EU) takes, senior players in British banking said...

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