Banking

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    MFS providers lose 49 lakh clients in Jan-Mar

    HM Murtuza | Updated at 12:00am on May 11, 2019

    Country’s mobile financial service providers lost 49 lakh subscribers in the January-March quarter of the year 2019 after witnessing a slowdown in growth in 2018.As...

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    Hossain reappointed as MD, CEO of Uttara Bank

    Business Desk | Updated at 12:00am on May 10, 2019

    Mohammed Rabiul Hossain has been reappointed as managing director & CEO of Uttara Bank Limited after completion of his first term, said a press release.He...

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    IGWs allowed to open FC accounts

    Staff Correspondent | Updated at 12:00am on May 10, 2019

    Bangladesh Bank on Thursday allowed the authorised dealers of banks to open foreign currency accounts in the name of international gateway service providers.The central bank...

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    BB may revise banks’ stocks exposure definition

    Staff Correspondent | Updated at 12:00am on May 10, 2019

    Bangladesh Bank governor Fazle Kabir on Thursday assured Bangladesh Securities and Exchange Commission chairman M Khairul Hossain that the central bank would take measures to...

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    BB to issue new guideline soon: Mustafa Kamal

    Staff Correspondent | Updated at 01:42am on May 09, 2019

    The finance minister, Mustafa Kamal, on Wednesday said that the new guideline on restructuring of bad loans would be issued by the Bangladesh Bank soon.It...

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    New banking hours for Ramadan

    Staff Correspondent | Updated at 12:00am on May 06, 2019

    Bangladesh Bank on Sunday set the office hours for all banks and non-bank financial institutions from 9:30am to 4:00pm for the month of Ramadan.However, transactions...

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    Interest rate for trade financing in forex revised

    Staff Correspondent | Updated at 12:00am on May 06, 2019

    Bangladesh Bank on Sunday revised the interest rate on foreign currency loans to facilitate trade financing following demand from banks, said a BB circular issued...

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    Bankers, researchers for addressing agent banking hurdles

    Staff Correspondent | Updated at 12:00am on May 05, 2019

    Bankers and researchers at a seminar called for addressing the hurdles faced agent banking as it became popular among rural people. They made the call...

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    Pakistani central bank governor and tax collection head sacked

    Reuters . Islamabad | Updated at 12:00am on May 05, 2019

    Pakistan’s government has fired the governor of the central bank and the chairman of the tax collection body, two senior government officials told Reuters on...

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    Banks asked again to ensure loan moratorium facility

    Staff Correspondent | Updated at 12:00am on May 04, 2019

    The Bangladesh Bank once again asked the banks to provide jute sector businesses with moratorium facility for partial or total amount of their outstanding loans...

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