Banking

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    BB releases new Tk 1,000 note tomorrow

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on May 22, 2019

    Bangladesh Bank (BB) is going to release new Tk 1000 note on Thursday aimed at strengthening the security features of the high value currency.The measurement...

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    Pakistan central bank lifts interest rate as inflation bites

    Reuters . Islamabad | Updated at 12:00am on May 21, 2019

    Pakistan’s central bank raised its key interest rate to 12.25 per cent on Monday, warning that already soaring inflation risked further rises on the back...

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    Azizul elected Pubali Bank chairman

    Business Desk | Updated at 12:00am on May 21, 2019

    M Azizul Huq has been elected as the chairman of Pubali Bank at its 1200th board meeting, said a press release. He started his banking...

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    BB asks banks to disburse agri loan among Fani victims

    Staff Correspondent | Updated at 12:00am on May 20, 2019

    Bangladesh Bank on Sunday asked all scheduled banks to disburse agriculture loans among the victims of cyclone Fani 19 districts. Agricultural Loan Department of the...

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    Limit on transaction thru bank-backed MFS raised

    Staff Correspondent | Updated at 12:00am on May 20, 2019

    Bangladesh Bank on Sunday raised the limit on transaction though mobile financial services following demands from the MFS operators.In 2017, the central bank lowered the...

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    Italy central bank to spurn firms that don’t go green

    Reuters . Rome | Updated at 12:00am on May 19, 2019

    The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and...

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    Govt’s bank borrowing rises as tax receipt slow

    HM Murtuza | Updated at 12:00am on May 18, 2019

    A sluggish growth in tax collection pushed the government to borrow from the country’s banking system in March and April this year as half of...

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    Bad borrowers get more incentives

    HM Murtuza | Updated at 02:14am on May 17, 2019

    The central bank, in what is seen as a politically motivated move, on Thursday awarded a set of incentives for the bad borrowers what the...

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    Pre-Eid new taka notes to be released from May 22

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on May 17, 2019

    Bangladesh Bank (BB) has taken a decision to release new notes of Tk 10, 20, 50 and 100 in the market from May 22 to...

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    BB raises banks’ capital market exposure limit

    Staff Correspondent | Updated at 12:00am on May 17, 2019

    Bangladesh Bank on Thursday increased banks’ investment limit in the capital market by excluding banks’ investments in unlisted securities from their capital market exposure count.The...

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