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    UK economy stalls in November

    Agence France-Presse . London | Updated at 11:56pm on January 13, 2020

    Britain’s economy has stalled, official data showed on Monday, as Brexit and political uncertainty contributed to slashing manufacturing output, heaping pressure on the Bank of...

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    BRAC Bank introduces paperless PIN for debit cards

    Business Desk | Updated at 11:50pm on January 13, 2020

    BRAC Bank on Monday introduced paperless personal identification number (PIN) for its debit cardholders as part of the bank’s commitment to support green banking...

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    BKMEA demands Bangladesh Bank raise EDF loan limit to $25m for members

    Staff Correspondent | Updated at 11:16pm on January 13, 2020

    The Bangladesh Knitwear Manufacturers and Exporters Association has demanded that the Bangladesh Bank raise to $25 million for its members the limit on foreign currency...

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    Outbound remittance limit for IT firms hiked

    Staff Correspondent | Updated at 11:12pm on January 13, 2020

    The Bangladesh Bank on Monday raised the ceiling on remittance of foreign currency abroad by information technology or software firms to $40,000 from $30,000 for...

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    Bangladesh Bank approves new NBFI amid sector’s struggles

    HM Murtuza | Updated at 11:03pm on January 13, 2020

    The Bangladesh Bank board has awarded its initial consent to a new non-bank financial institution, Strategic Finance and Investments, on political consideration despite the fact...

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    Mukhter becomes NRBC Bank MD

    Business Desk | Updated at 11:45pm on January 12, 2020

    Md Mukhter Hossain has been appointed the managing director and CEO of NRB Commercial Bank recently, said a press release. Kazi Md Talha has been...

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    Nagad’s daily transactions exceed Tk 100cr

    Business Desk | Updated at 11:42pm on January 12, 2020

    The daily transactions of mobile financial service Nagad, run under the Postal Department, have exceeded Tk 100 crore, said a press release. Posts and telecommunications...

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    Government reintroduces Bangladesh Bank’s 4th deputy governor post

    Staff Correspondent | Updated at 11:31pm on January 12, 2020

    The finance ministry has approved a Bangladesh Bank proposal to reintroduce the post of fourth deputy governor after three and a half years of the...

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    SME loan release up 3.16pc in July-Sept

    Staff Correspondent | Updated at 12:11am on January 11, 2020

    The amount of loans received by small and medium entrepreneurs from banks and non-bank financial institutions inched up by 3.16 per cent or Tk 3,666.21 crore...

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    Sanaullah elected Shahjalal Islami Bank chairman

    Business Desk   | Updated at 10:28pm on January 09, 2020

    Md Sanaullah Shahid has been elected chairman to the board of directors of Shahjalal Islami Bank at its 292nd board meeting held on Wednesday, said...