Banking

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    WB to help improve 4 large neighbourhoods in Dhaka

    United News of Bangladesh . Dhaka | Updated at 11:03pm on May 29, 2019

    The government of Bangladesh on Wednesday signed a $100.5 million financing agreement with the World Bank to improve liveability of four large neighbourhoods in Dhaka...

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    Top 3 borrowers’ default could lead bank sector to capital crisis

    Staff Correspondent | Updated at 12:00am on May 29, 2019

    Country’s banking sector would suffer from an intense capital inadequacy if three largest borrowers in the sector fail to repay loans, according to the financial...

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    Credit issuance to EPZ, EZ, HTP units eased

    Staff Correspondent | Updated at 12:00am on May 28, 2019

    Bangladesh Bank on Monday eased rules on loan sanction from banks’ offshore banking units for the entities located in the export processing zones, economic zones...

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    Habibur joins as UCBL DMD

    Business Desk | Updated at 12:00am on May 27, 2019

    Habibur Rahman has joined United Commercial Bank (UCB) as deputy managing director recently, said a press release.Prior to his joining UCB, he was senior executive...

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    BB limits banks’ investments in non-listed cos

    Staff Correspondent | Updated at 12:00am on May 27, 2019

    Bangladesh Bank on Sunday set the banks’ investment limit in non-listed securities at 5 per cent of the banks’ sum of paid up capital, share...

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    Ashraf, Hashem become Uttara Bank DMDs

    Business Desk | Updated at 12:00am on May 25, 2019

    Md Ashraf-uz-Zaman and Md Abul Hashem have been appointed as deputy managing director of Uttara Bank, said a press release.Previously, Ashraf was executive general manager...

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    Farm loan release rises slightly in July-April

    Staff Correspondent | Updated at 12:00am on May 25, 2019

    Disbursement of farm loans by the scheduled banks increased by 3.18 per cent or Tk 572.08 crore in July-April this fiscal year (2018-19) compared with...

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    Romo elected as Bank Asia vice-chair

    Business Desk | Updated at 12:00am on May 24, 2019

    Romo Rouf Chowdhury has been elected as vice-chairman of Bank Asia at a meeting of the bank’s board of directors recently, said a press release.Romo...

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    Banks asked to ensure seamless ATM, POS, online transaction during Eid

    Staff Correspondent | Updated at 12:00am on May 24, 2019

    Bangladesh Bank on Thursday asked all the scheduled banks to ensure flawless transaction through automated teller machine, point of sale, online e-payment and mobile financial...

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    Banks asked to implement order barring govt deposit to errant banks

    Staff Correspondent | Updated at 12:00am on May 24, 2019

    The Bangladesh Bank on Thursday asked banks and non-bank financial institutions to comply with a finance ministry instruction barring government, autonomous and semi-autonomous bodies to...

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