Banking

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    BB asks banks to set up sustainable finance depts

    Staff Correspondent | Updated at 11:36pm on December 04, 2016

    Bangladesh Bank has asked scheduled banks and non-bank financial institutions to set up sustainable finance departments to speed up their environment-friendly banking and strengthening the...

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    Cyber heist probe report won’t be shared with anyone: Muhith

    Staff Correspondent | Updated at 04:07pm on December 04, 2016

    The minister for finance AMA Muhith on Sunday said the probe on Bangladesh Bank reserve heist was an internal report and would not be given...

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    Stagger Brexit over years or we could leave, banks tell Britain

    Reuters . London | Updated at 11:12pm on December 03, 2016

    Britain must negotiate a staggered departure from the European Union over several years or risk banks leaving the country, the biggest banking lobby group will...

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    World’s largest investment bankers ‘keen’ to invest in Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:04pm on December 03, 2016

    Buoyed by the economic success of Bangladesh, the world’s largest investment bankers are looking for investing in Bangladesh as a potentially lucrative investment destination, international...

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    Hackers steal $31.3m from Russian central bank

    Business Desk | Updated at 11:03pm on December 03, 2016

    Hackers stole 2 billion rubles ($31.3 million) from correspondent bank accounts at Russia’s central bank, a spokeswoman at the central bank confirmed Friday, adding that...

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    Russian central bank loses $31m in cyber attack

    Reuters | Updated at 11:50am on December 03, 2016

    Hackers stole more than 2 billion roubles ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example...

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    Bad loans jump to Tk 54,173cr in 9 months

    AKM Zamir Uddin | Updated at 11:15pm on December 02, 2016

    Bad loans, the worst types of defaulted loans, in the country’s banking sector increased by 24.57 per cent to Tk 54,173.35 crore in the first...

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    BB gets new dy governor

    Staff Correspondent | Updated at 02:18am on December 01, 2016

    The government on Wednesday appointed Bangladesh Bank Executive Director SM Moniruzzaman to the post of deputy governor for a three-year term...

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    RCBC, Bangladesh delegation play blame game over missing millions

    Reuters | Updated at 01:06pm on November 30, 2016

    Philippine lender RCBC and a Bangladeshi minister traded blame on Tuesday over liability for tens of millions of dollars that were looted from...

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    Best annual reports 2015: 24 cos get ICAB awards

    Staff Correspondent | Updated at 02:44am on November 30, 2016

    The Institute of Chartered Accountants of Bangladesh on Tuesday awarded 24 entities for their best presented annual reports 2015...

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