Banking

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    ADB raises growth forecast slightly

    Staff Correspondent | Updated at 11:49pm on January 18, 2018

    Asian Development Bank has slightly increased its forecast on the country’s gross domestic product growth to seven per cent from previous 6.9 per cent for...

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    BB annuls recruitment test of eight banks, NBFIs

    Staff Correspondent | Updated at 12:05am on January 17, 2018

    Bangladesh Bank on Tuesday annulled the recruitment test of eight state-run banks and non-bank financial institutions that took place on January 12 amid allegations of...

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    Bank plundering goes on amid state-backed cronyism

    Staff Correspondent | Updated at 09:34pm on January 13, 2018

    The Centre for Policy Dialogue on Saturday said that the country’s banking sector was plagued by financial scams, non-performing loans, inefficiency and slack monitoring and...

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    2017 a year of banking scam, says CPD

    United News of Bangladesh | Updated at 08:45pm on January 13, 2018

    The Centre for Policy Dialogue has identified the year 2017 as year of banking scam. ‘The year 2017 will be remembered as year of banking...

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    Banks to face fine for anomalies related to mutilated notes

    Staff Correspondent | Updated at 12:33am on January 12, 2018

    Bangladesh Bank on Thursday threatened banks to fine if it finds more than 10 per cent reintroduction-worthy currency notes among the currency notes which the...

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    SC upholds removal of NRBC Bank MD by BB

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

    The Appellate Division on Thursday upheld Bangladesh Bank’s recent order removing loan scam tainted NRB Commercial Bank’s managing director Dewan Mujibur Rahman...

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    Apollo India, BRAC Bank, Mastercard launches health card

    Staff Correspondent | Updated at 11:59pm on January 10, 2018

    Apollo Hospitals (India), BRAC Bank and Mastercard on Wednesday entered into a tripartite partnership to launch a co-branded health card to be used in India...

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    BB tightens oversight

    Staff Correspondent | Updated at 10:46pm on January 09, 2018

    Bangladesh Bank on Tuesday tightened its oversight over the scheduled banks’ wholesale borrowing and non-funded loan commitments...

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    BB takes T-bonds buyback policy amid savings tools sales surge

    Staff Correspondent | Updated at 10:52pm on January 09, 2018

    Bangladesh Bank has framed a policy to buyback the Treasury Bonds and Bills for balancing the redemption profile and reducing the number of government securities...

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    BB relaxes refinancing scheme terms for Islamic banks

    Staff Correspondent | Updated at 12:08am on January 08, 2018

    Bangladesh Bank has extended the schedules of repayment and recovery of the re-financing fund for Shariah-based banks and non-bank financial institutions for agro-based industry, small...

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