Banking

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    IMF worried about bad loans, governance in SCBs

    Staff Correspondent | Updated at 01:53am on October 02, 2018

    The visiting International Monetary Fund officials on Monday expressed concern over the growing non-performing loans in the state-owned commercial banks in absence of good governance,...

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    India pumps in liquidity in financial market

    Reuters . Mumbai | Updated at 01:49am on October 02, 2018

    The Reserve Bank of India (RBI) said on Monday it would pump 360 billion Indian rupees ($4.95 billion) into money markets in October, pledging to...

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    Shahidul become SJIBL MD, CEO

    Business Desk | Updated at 01:47am on October 02, 2018

    M Shahidul Islam has been appointed as the managing director and CEO of Shahjalal Islami Bank with effect from Monday, said a press release....

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    Grameen America distributes $1B in microloans to US women

    Staff Correspondent | Updated at 04:19pm on October 01, 2018

    Grameen America has distributed $1 billion in microloans to more than 1,00,000 low-income women entrepreneurs in 13 cities of United States since its...

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    Farman joins AIBL as MD, CEO

    Business Desk | Updated at 12:05am on October 01, 2018

    Farman R Chowdhury has joined Al-Arafah Islami Bank Limited as managing director and CEO today, said a press release on Sunday. Prior to his joining,...

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    Govt moves to establish Russia banking relations

    Staff Correspondent | Updated at 12:05am on October 01, 2018

    The government has taken a move to establish Bangladesh-Russia banking relations to tap bilateral business and trade potential. The move has come following demand from...

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    Banks asked not to raise issues beyond agenda at board meeting

    Staff Correspondent | Updated at 12:05am on October 01, 2018

    Bangladesh Bank has asked banks not to raise any issue, which were not included in the agenda, at the meeting of the board of directors....

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    62pc of banks in Bangladesh vulnerable to cyber-attack: BIBM study

    Staff Correspondent | Updated at 12:05am on October 01, 2018

    Sixty-two per cent of the country’s scheduled banks are vulnerable to cyber-attack while 28 per cent of the banks have no preparation for tackling such...

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    Farmers Bank working to restore clients’ confidence, MD says

    Staff Correspondent | Updated at 12:00am on September 30, 2018

    Trouble-hit Farmers Bank Limited’s managing director Ehsan Khosru on Saturday said that they were working to restore confidence of the clients of the bank aiming...

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    China cenbank says will maintain ample liquidity as trade row threatens economy

    Reuters . Beijing | Updated at 12:00am on September 30, 2018

    China’s central bank pledged to maintain its ‘prudent and neutral’ monetary policy and to use multiple tools to keep liquidity ample, as the world’s second-biggest...

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