Banking

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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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    Govt set to create database of nat’l savings tools subscribers

    Jasim Uddin | Updated at 11:13pm on December 18, 2017

    The government is set to create a database of subscribers of national savings certificates to prevent misuse of the scope like investment beyond allowable limit...

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    ICAB gets new president, vice-presidents

    Business Desk | Updated at 11:04pm on December 17, 2017

    The Institute of Chartered Accountants of Bangladesh, the national professional accounting body, has elected Dewan Nurul Islam as president and Moddassar Ahmed Siddique, Mahmudul Hasan...

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    73pc bankers think impunity, lack of ethics raise financial crimes

    Staff Correspondent | Updated at 11:43pm on December 14, 2017

    The majority of bankers think lack of corporate ethics and exemplary punishment is the key cause of the increase of financial crimes in the country’s...

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