Banking

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    EPZ industries exempted from bank guarantee

    Staff Correspondent | Updated at 10:31pm on March 22, 2017

    The National Board of Revenue has exempted the industries located in public and private export processing zones from providing bank guarantees to the customs houses...

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    BB plans cash incentives for remitters

    AKM Zamir Uddin | Updated at 10:27pm on March 22, 2017

    Bangladesh Bank has planned to place a proposal before the government to give cash incentives to non-resident Bangladeshis who send up to $200 in remittance...

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    BB permits Sonali to go for PayPal tie-up

    Staff Correspondent | Updated at 10:35pm on March 20, 2017

    Bangladesh Bank on Monday granted permission to state-owned Sonali Bank for opening taka and dollar accounts required before signing an agreement with PayPal paving the...

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    9 new banks pressing BB for relaxing licence conditions

    AKM Zamir Uddin | Updated at 10:32pm on March 20, 2017

    Nine new scheduled banks have mounted pressure on Bangladesh Bank to withdraw many of the conditions, including expansion of banking in rural areas, under which...

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    India hunts hidden cash in corruption blitz

    Agence France-Presse . New Delhi | Updated at 10:36pm on March 19, 2017

    Mansions owned by maids, gardeners and drivers until now have aroused little suspicion in India, where the wealthy have long hidden fortunes in the names...

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    US-Bangla to launch Bangkok flight May 3

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:36pm on March 19, 2017

    Private carrier US-Bangla Airlines is set to fly Bangkok on May 3 as its sixth international destinations. The flight will leave for Bangkok at 8am...

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    Banks’ SME loan disbursement target raised by 18pc for 2017

    Staff Correspondent | Updated at 10:34pm on March 19, 2017

    Bangladesh Bank has set the SME loan disbursement target at Tk 1,33,853.59 crore for 2017, which is 17.93 per cent higher than the target set...

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    BB issues circular to set interest rate for green products

    United News of Bangladesh . Dhaka | Updated at 11:07pm on March 17, 2017

    The Bangladesh Bank has issued a master circular on rules and regulations of the Refinancing Scheme for Environment-friendly products and initiative...

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    Deposits in school banking accounts Tk 1,021 crore

    Staff Correspondent | Updated at 10:56pm on March 17, 2017

    Total deposits in the bank accounts owned by schoolchildren in the country increased to Tk 1,020.79 crore as of December 31 from that of Tk...

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    Take preparation for sustainable lift to middle-income country

    Staff Correspondent | Updated at 10:18pm on March 16, 2017

    Experts at a dialogue on Thursday said that losing preferential market access for exports and tough conditions for foreign loans would be two major challenges...

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