Banking

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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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    Tk 1,100cr govt banks’ fund for scam-hit Farmers Bank planned

    Staff Correspondent | Updated at 09:35pm on February 07, 2018

    An intuitive plan has been taken to give bailout fund of Tk 1,100 crore to scam-hit Framers Bank through state-owned financial institution Investment Corporation of Bangladesh...

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    Bangladesh Bank to file case in New York

    Staff Correspondent | Updated at 03:04pm on February 07, 2018

    Finance minister AMA Muhith on Wednesday said Bangladesh has decided to file a case in New York over the theft of the country’s reserve fund...

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    NBR asks Premier Bank to pay Tk 822cr in VAT

    Jasim Uddin | Updated at 12:05am on February 06, 2018

    The National Board of Revenue on Monday demanded Tk 822.53 crore in unpaid value-added tax from Premier Bank saying that the bank evaded the VAT in...

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    Govt too responsible for Sonali Bank’s rising defaulted loans: Muhith

    Staff Correspondent | Updated at 12:00am on February 04, 2018

    Finance minister AMA Muhith on Saturday said that the government was also responsible for the rising defaulted loans in state-run Sonali Bank...

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    Sur Chy becomes BB adviser

    Staff Correspondent | Updated at 12:05am on February 01, 2018

    SK Sur Chowdhury, whose contractual appointment as Bangladesh Bank deputy governor ended on Wednesday, has been appointed as the banking reform adviser of the central...

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    6 interviewed for BB dy governor post

    Staff Correspondent | Updated at 12:05am on January 31, 2018

    Six candidates on Tuesday faced interview for the post of deputy governor of the Bangladesh Bank. The search committee formed to look for the candidates...

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    BB cuts ADR by 1-1.5pts to control aggresive lending

    HM Murtuza | Updated at 12:05am on January 31, 2018

    Bangladesh Bank on Tuesday reduced banks’ advance-deposit ratio by 1-1.5 percentage points with a view to contain aggressive and risky lending, turning down the request...

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    Downloaded forms can be used for NSC purchase

    Staff Correspondent | Updated at 09:59pm on January 29, 2018

    Bangladesh Bank has allowed the buyers of national savings certificates for using the downloaded purchasing form of the tools provided on the respective web sites...

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