Banking

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    Banks asked to issue loan sanction letter in Bangla

    Staff Correspondent | Updated at 11:44pm on February 25, 2018

    Bangladesh Bank on Sunday directed all banks to write loan sanction letter in Bangla so that borrowers can understand the terms and conditions of the...

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    Banks get 6 months more to implement new ADR

    Staff Correspondent | Updated at 12:05am on February 21, 2018

    Bangladesh Bank on Tuesday extended the deadline by six months to December 31 for banks to cut their loan-deposit ratio in line with the new...

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    Muhith for proper evaluation of projects before giving bank loans

    Bangladesh Sangbad Sangstha | Updated at 05:45pm on February 17, 2018

    Finance minister Abul Maal Abdul Muhith on Saturday iterated his suggestion to bankers for properly evaluating any project proposal before allocating loans to help the...

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    Hackers stole $6m from Russian bank via SWIFT system: central bank

    Reuters | Updated at 01:15pm on February 17, 2018

    Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the...

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    Tk 537-cr JICA fund for cos with Japanese linkage

    Staff Correspondent | Updated at 12:05am on February 15, 2018

    Japan has given a fund worth Tk 537 crore to Bangladesh Bank to finance Japanese companies operating in Bangladesh, Japan-Bangladesh joint ventures and local private companies...

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    BB drafts law bringing NBFI depositors, like bank, under insurance scheme

    Staff Correspondent | Updated at 12:05am on February 14, 2018

    Bangladesh Bank has framed a draft of ‘Deposit Protection Act 2017’ bringing non-bank financial institutions, like the banks, under the deposit insurance scheme to protect...

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    BB, state-owned banks asked to check info leaks

    Shakhawat Hossain with Molay Shaha and Mostafizur Rahman | Updated at 12:05am on February 13, 2018

    The Financial Institution Division has directed the state-run financial entities to check any leak of ‘confidential’ information as reports on scams frequently grabs the headlines...

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    3-day Asia pharma expo begins in Dhaka

    Staff Correspondent | Updated at 12:05am on February 09, 2018

    The three-day Asia Pharma Expo-2018 began at the International Convention City, Bashundhara in Dhaka on Thursday with the aim of showcasing the latest medical equipment...

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    After BB says it will sue RCBC, PH bank warns counter action

    Staff Correspondent | Updated at 12:05am on February 09, 2018

    One day after Bangladesh Bank said that it would sue the Philippines Rizal Commercial Banking Corp (RCBC) to recover major part of $81 million of...

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    BB tells banks they can implement amended law

    Staff Correspondent | Updated at 09:53pm on February 07, 2018

    Bangladesh Bank on Wednesday informed scheduled banks that they could now implement the amended bank company act that allowed appointment of four members of a...

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