Banking

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    BB limits banks’ investments in non-listed cos

    Staff Correspondent | Updated at 12:00am on May 27, 2019

    Bangladesh Bank on Sunday set the banks’ investment limit in non-listed securities at 5 per cent of the banks’ sum of paid up capital, share...

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    Ashraf, Hashem become Uttara Bank DMDs

    Business Desk | Updated at 12:00am on May 25, 2019

    Md Ashraf-uz-Zaman and Md Abul Hashem have been appointed as deputy managing director of Uttara Bank, said a press release.Previously, Ashraf was executive general manager...

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    Farm loan release rises slightly in July-April

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

    Disbursement of farm loans by the scheduled banks increased by 3.18 per cent or Tk 572.08 crore in July-April this fiscal year (2018-19) compared with...

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    Romo elected as Bank Asia vice-chair

    Business Desk | Updated at 12:00am on May 24, 2019

    Romo Rouf Chowdhury has been elected as vice-chairman of Bank Asia at a meeting of the bank’s board of directors recently, said a press release.Romo...

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    Banks asked to ensure seamless ATM, POS, online transaction during Eid

    Staff Correspondent | Updated at 12:00am on May 24, 2019

    Bangladesh Bank on Thursday asked all the scheduled banks to ensure flawless transaction through automated teller machine, point of sale, online e-payment and mobile financial...

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    Banks asked to implement order barring govt deposit to errant banks

    Staff Correspondent | Updated at 12:00am on May 24, 2019

    The Bangladesh Bank on Thursday asked banks and non-bank financial institutions to comply with a finance ministry instruction barring government, autonomous and semi-autonomous bodies to...

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    Faridul joins as UBL AMD

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

    Syed Faridul Islam has joined United Commercial Bank as the additional managing director recently, said a press release. Prior to his joining UCB, he was...

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    Iftekhar reappointed EBL MD

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

    Ali Reza Iftekhar has been reappointed as the managing director and CEO of Eastern Bank Limited for another three years, said a press release.He has...

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    Philippines charges five RCBC officials over $81m BB theft

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

    Philippines Department of Justice has charged five officers of the Rizal Commercial Banking Corp (RCBC) with money laundering in connection with the cyber theft of...

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    Agent banking deposit grows by 20pc in Jan-Mar

    Staff Correspondent | Updated at 12:00am on May 23, 2019

    Deposit in the agent banking accounts rose by 20 per cent or Tk 622 crore in January-March 2019 amid banks’ increased focus to the system.Customers...

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