Banking

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    ACC summons AB Bank's ex-chairman, managing director

    Bangladesh Sangbad Sangstha | Updated at 07:25pm on December 27, 2017

    The Anti-Corruption Commission on Wednesday sent notices to former chairman of AB Bank M Wahidul Haque and its managing director M Fazlur Rahman to face...

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    Bangladesh Bank warns against use of crypto currency

    Staff Correspondent | Updated at 05:37pm on December 27, 2017

    The Bangladesh Bank in notice on Wednesday warned people not to sue any kind of crypto currency as they are not legal tender issued by...

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    Farmers Bank should ‘die’: BIBM DG

    Staff Correspondent | Updated at 11:07pm on December 23, 2017

    Bangladesh Institute of Bank Management director general Toufic Ahmad Choudhury on Saturday said that the scam-hit Farmers Bank should be shut down, as it would...

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    Banks must link POS with NPSB by 2018: BB

    Staff Correspondent | Updated at 11:44pm on December 21, 2017

    Bangladesh Bank on Thursday asked banks and non-bank financial institutions to link their point of sales set up at different shops and other entities with...

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    AB Bank board sees major reshuffle

    Staff Correspondent | Updated at 11:32pm on December 21, 2017

    The board of directors of AB Bank underwent a reshuffle on Thursday, at a time when the country’s banking sector has been experiencing a major...

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    AB Bank chairman, vice chairman, director resign

    United News of Bangladesh | Updated at 05:10pm on December 21, 2017

    AB Bank chairman M Wahidul Haque, its vice chairman Selim Ahmed and director Fahimul Haque have resigned from their positions in...

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    Banking experts highlight 5 challenges to PPP implementation

    Staff Correspondent | Updated at 11:39pm on December 20, 2017

    Banking experts on Wednesday pointed out five major challenges, including time and cost overruns, to implementing public private partnership projects...

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    Central banks, trade and bubbles threaten the 2018 status quo

    Reuters . London | Updated at 10:39pm on December 19, 2017

    After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018 — a neither too-hot nor too-cold Goldilocks...

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    Farm loan release rises 8.7pc in Jul-Nov

    M Ibrahim Ibne Towhid | Updated at 10:38pm on December 19, 2017

    Farm loan disbursement by banks rose by 8.7 per cent in the first five months of the current financial year of 2017-2018 compared to the...

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    BB removes Farmers Bank MD Shamim

    M Ibrahim Ibne Towhid | Updated at 12:05am on December 20, 2017

    The Bangladesh Bank on Tuesday removed the managing director and chief executive officer of scam-hit newly-established Farmers Bank, AKM Shamim, over unrelenting disbursement of loans...

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