Banking

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    British banks to push for new EU access plan after UK polls

    Reuters . London | Updated at 12:00am on December 14, 2019

    Banks in Britain are drawing up fresh proposals for how they could access customers in the European Union after Brexit in a bid to influence...

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    Deposit growth in banks hits 30-month high in October

    HM Murtuza | Updated at 12:00am on December 14, 2019

    Deposit growth in the country’s banking sector hit a 30-month high of 12.19 per cent in October this year as savers returned to banks after...

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    Fed keeps rates on hold

    Reuters . Washington | Updated at 12:00am on December 13, 2019

    The US Federal Reserve on Wednesday held interest rates steady and signalled borrowing costs would not change anytime soon, with moderate economic growth and historically...

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    Rashid Ahmed re-elected BCB chairman

    Business Desk | Updated at 12:32am on December 12, 2019

    Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...

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    Rashid Ahmed re-elected BCB chairman

    Business Desk | Updated at 12:32am on December 12, 2019

    Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of Bangladesh Commerce Bank Limited at 329th board meeting on Wednesday,...

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    Govt, ADB ink $333m loan deal for power, transport sectors

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:27am on December 12, 2019

    The Asian Development Bank (ADB) will provide $333.26 million in loans for expansion of power transmission lines and designing the Dhaka Mass Rapid Transit (MRT)...

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    Adopting tech key to ensuring sustainable dev, inclusive financing: bankers 

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

    Ensuring sustainable development and inclusive financing ecosystem would not be possible unless technologies are embraced by financial institutions, experts and bankers said at a discussion...

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    Businesses urged not to just make profits

    Staff Correspondent | Updated at 12:17am on December 12, 2019

    Business leaders from the Asia and the Pacific region on Wednesday called upon their community to play more active role in solving people’s problems through...

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    Body to recommend single-digit lending rate for industries

    Staff Correspondent | Updated at 12:13am on December 12, 2019

    The seven-member committee on single-digit lending and deposit rates implementation is likely to submit its report to the central bank today, recommending single-digit interest rate...

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    AIBL launches ‘Islamic Wallet’

    Staff Correspondent | Updated at 12:00am on December 11, 2019

    Al-Arafah Islami Bank on Tuesday launched an Islamic Wallet, a Shariah based digital financial service, to facilitate transaction through mobile phones. AIBL in association with...

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