Banking

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    Govt’s bank borrowing rises as tax receipt slow

    HM Murtuza | Updated at 12:00am on May 18, 2019

    A sluggish growth in tax collection pushed the government to borrow from the country’s banking system in March and April this year as half of...

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    Bad borrowers get more incentives

    HM Murtuza | Updated at 02:14am on May 17, 2019

    The central bank, in what is seen as a politically motivated move, on Thursday awarded a set of incentives for the bad borrowers what the...

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    Pre-Eid new taka notes to be released from May 22

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on May 17, 2019

    Bangladesh Bank (BB) has taken a decision to release new notes of Tk 10, 20, 50 and 100 in the market from May 22 to...

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    BB raises banks’ capital market exposure limit

    Staff Correspondent | Updated at 12:00am on May 17, 2019

    Bangladesh Bank on Thursday increased banks’ investment limit in the capital market by excluding banks’ investments in unlisted securities from their capital market exposure count.The...

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    BB issues guidelines on foreign transactions by HTP enterprises

    Staff Correspondent | Updated at 12:00am on May 17, 2019

    Bangladesh Bank on Thursday issued for banks separate guidelines on foreign exchange transactions by enterprises operating in the country’s Hi-Tech parks.According to BB officials, there...

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    European Commission prepares raft of banking reforms after Brexit

    Reuters . London | Updated at 12:00am on May 16, 2019

    The European Commission is working on its largest regulatory push on banking since the financial crash that could curb Britain’s access to the bloc, according...

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    Mostafizur Joins NRB Global Bank AMD

    Business Desk | Updated at 12:00am on May 16, 2019

    Md Mostafizur Rahman Siddiquee has joined NRB Global Bank as additional managing director recently, said a press release.Prior to his joining NRB Global Bank, he...

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    14 listed banks suffer negative cash flow in Jan-Mar

    HM Murtuza | Updated at 12:00am on May 16, 2019

    Fourteen listed banks suffered significant liquidity shortage in the January-March quarter of the year of 2019 even though the entities managed to attain profits in...

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    Safwan re-elected Bank Asia vice-chair

    Business Desk | Updated at 12:00am on May 15, 2019

    Mohd Safwan Choudhury has been re-elected as vice-chairman of Bank Asia at the bank’s board of directors’ meeting recently, said a press release.Safwan is a...

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    Suspicious financial transaction rises 64pc

    Staff Correspondent | Updated at 12:00am on May 15, 2019

    The number of reports on suspicious transaction and activities about money laundering and terror financing has increased nearly 64 per cent in the fiscal year...

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