Banking

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    Shafiqur joins AIBL as DMD

    Business Desk | Updated at 12:00am on April 18, 2019

    Md Shafiqur Rahman has joined as Al-Arafah Islami Bank deputy managing director recently, said a press release. Prior to his joining, he worked as the...

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    Prime Bank eyes sustainable growth

    Staff Correspondent | Updated at 12:00am on April 18, 2019

    Prime Bank will maintain sustainable profit growth in the coming years and will continue changing business pattern with innovative retail and wholesale products, and include...

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    Exploding ATMs: Brazil banks wrestle with dynamite heists

    Reuters . Sao Paulo | Updated at 12:00am on April 17, 2019

    More than two dozen heavily-armed men stormed into the centre of Guararema early on a recent morning, rousing the Brazilian town’s residents with the sound...

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    Asia’s tech champions zero in on main street banking

    Reuters . Hong Kong | Updated at 12:00am on April 16, 2019

    Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in...

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    JS body for implementing single-digit bank interest rate

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on April 16, 2019

    The parliamentary standing committee on Public Undertakings on Monday suggested Bangladesh Bank and scheduled banks to take effective steps to implement the single digit interest...

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    Govt has no net bank borrowing in 9 months as NSC sales soar

    HM Murtuza | Updated at 12:00am on April 16, 2019

    The government had no net borrowing from the banking sector in nine months (July-March) of the current fiscal year (2018-2019) as high sales of pricy...

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    Weak banks to merge with strong ones: Kamal

    Staff Correspondent | Updated at 12:00am on April 14, 2019

    Finance minister AHM Mustafa Kamal on Friday said that the government would take steps so that weak banks could be merged with stronger ones as...

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    Bangladesh Bank suggests BSEC to ensure governance, quality IPOs

    HM Murtuza | Updated at 12:00am on April 13, 2019

    Bangladesh Bank has suggested that Bangladesh Securities and Exchange Commission should ensure good corporate governance in the country’s capital market and bring good companies to...

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    Proposed bailout package for loan defaulters to hit banking sector: Khaled

    Shakhwat Hossain | Updated at 12:00am on April 13, 2019

    Former Bangladesh Bank deputy governor Khondkar Ibrahim Khaled, in an interview with Shakhwat Hossain of New Age on Wednesday, expressed his concern over the possible...

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    Interest rate on loans for industrial sector surging

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

    Lending rate in several banks for the industrial sector has been increasing gradually, topping 16 per cent in some cases, amid growing liquidity crisis in...

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