Banking

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    19.2 lakh MFS accounts created in RMG sector since April 4

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:37pm on April 18, 2020

    Around 19.20 lakh Mobile Financial Service (MFS) accounts have been created since April 4 in the readymade garment (RMG) sector following a move of the...

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    HSBC supports local community in fighting COVID-19

    Staff Correspondent | Updated at 04:41pm on April 18, 2020

    The Hongkong and Shanghai Banking Corporation in Bangladesh is increasing its support amid the coronavirus outbreak. The bank is providing additional funds to facilitate critical...

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    Nagad lowers fee for SMEs

    New Age . Online Desk | Updated at 03:40pm on April 18, 2020

    Bangladesh Post Office’s mobile financing service ‘Nagad’ has slashed transaction fee by Tk 6 for per Tk 1,000 transaction by small and medium businessmen. Post...

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    US purged another 5.2m jobs last week: government

    Agence France-Presse . Washington | Updated at 09:58pm on April 16, 2020

    Amid the worsening economic damage from the coronavirus pandemic, another 5.2 million US workers were jobless and sought unemployment benefits last week, the government reported...

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    Ahsanul elected Union Bank chairman

    Business Desk | Updated at 09:53pm on April 16, 2020

    Ahsanul Alam has been elected chairman of Union Bank at the 66th board meeting of the bank, said a press release. His family owns the...

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    Moody’s downgrades DBBL, EBL outlook on coronavirus

    Staff Correspondent | Updated at 09:44pm on April 16, 2020

    Global rating agency Moody’s Investments Service has downgraded the outlook for Dutch-Bangla Bank Limited and Eastern Bank Limited to negative from stable due to the...

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    Bank branches in industrial areas to give services 3hrs daily

    Staff Correspondent | Updated at 09:35pm on April 16, 2020

    The Bangladesh Bank on Thursday asked banks to keep open all their branches in the labour-intensive industrial areas during the general holidays announced by the...

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    Boiler certificates can be renewed without fine till June

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:28pm on April 15, 2020

    The Office of the Chief Inspector of Boiler under the Industries Ministry on Wednesday said that the industry owners could renew their boiler certificates till...

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    Bangladesh Bank asks banks to launch health insurance for staff

    Staff Correspondent | Updated at 10:23pm on April 15, 2020

    The Bangladesh Bank has asked all the banks to pay up to Tk 10 lakh as health insurance to employees who would become ill with...

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    Bangladesh Bank launches 2nd green fund worth 200m euro

    Staff Correspondent | Updated at 10:21pm on April 15, 2020

    The Bangladesh Bank on Wednesday launched its second green transmission fund (GTF) worth 200 million euro to allow manufacturers and exporters to borrow funds at...

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