Banking

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    Asif becomes MTB AMD, GCRO

    Business Desk | Updated at 12:33am on February 18, 2020

    Chowdhury Akhtar Asif has recently been appointed the additional managing director and group chief risk officer of Mutual Trust Bank Limited, said a press release....

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    NBR pushes EFD installation schedule to March

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:29am on February 18, 2020

    Around 100 Electronic Fiscal Devices would be installed at some 100 business enterprises in March to ensure transparency to facilitate realisation of VAT. The National...

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    Government extends tenure of Fazle Kabir as Bangladesh Bank governor

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:27am on February 18, 2020

    The government has extended the tenure of Bangladesh Bank governor Fazle Kabir by another three months, said public administration ministry circular issued on Sunday. As...

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    Lebanese national carrier to only accept US dollars

    Agence France-Presse . Beirut | Updated at 12:19am on February 17, 2020

    Crisis-hit Lebanon’s national carrier will only accept payments in US dollars from Monday, according to state media. Lebanon is in the throes of an economic...

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    Bangladesh Bank moves to deal with troubled banks 

    Shakhawat Hossain     | Updated at 11:36pm on February 15, 2020

    The Bangladesh Bank has taken an initiative to deal with troubled and weak banks as the number of such banks has been increasing over the...

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    Nurullah becomes City Bank DMD

    Business Desk | Updated at 10:43pm on February 15, 2020

    Nurullah Chaudhury has been appointed the deputy managing director of City Bank recently, said a press release. Prior to the appointment, he served the bank...

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    China cleans, locks away banknotes to stop virus spread

    Agence France-Presse . Beijing | Updated at 10:20pm on February 15, 2020

    China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than 1,500...

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    ADB to lend $170m to reform capital market in Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:15pm on February 15, 2020

    The Asian Development Bank will provide second tranche loan of $170 million to conclude the third capital market development programme (CMDP) in Bangladesh. ‘ADB’s long-term...

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    Merchant bankers seek policy support for MNC listing

    Staff Correspondent | Updated at 10:01pm on February 15, 2020

    The Bangladesh Merchant Bankers Association on Saturday recommended that the government should provide policy support, including tax benefits, to multinational and renowned local companies to...

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    Bangladesh halves post office savings interest rate

    Staff Correspondent | Updated at 12:04am on February 14, 2020

    The government on Thursday slashed the interest rate on savings in post office by half to facilitate implementation of the single-digit interest rate in the...

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