Banking

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    BB takes T-bonds buyback policy amid savings tools sales surge

    Staff Correspondent | Updated at 10:52pm on January 09, 2018

    Bangladesh Bank has framed a policy to buyback the Treasury Bonds and Bills for balancing the redemption profile and reducing the number of government securities...

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    BB relaxes refinancing scheme terms for Islamic banks

    Staff Correspondent | Updated at 12:08am on January 08, 2018

    Bangladesh Bank has extended the schedules of repayment and recovery of the re-financing fund for Shariah-based banks and non-bank financial institutions for agro-based industry, small...

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    BB waives provision against LCs for fast-track power projects

    Staff Correspondent | Updated at 11:34pm on January 04, 2018

    Bangladesh Bank has given scheduled banks waiver from keeping one per cent general provision against the trade finance given through letter of credit in favour...

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    Bank MDs worried over recent hasty changes in some banks

    Staff Correspondent | Updated at 09:20pm on January 03, 2018

    Top officials of the country’s scheduled banks at a meeting with Bangladesh Bank on Wednesday expressed concerns over the recent hurried changes taken place in...

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    Remittance grows in 2017, but slightly

    Staff Correspondent | Updated at 01:42am on January 02, 2018

    Inward remittance in the country increased slightly in the just concluded year as expatriate Bangladeshis sent 8.65 per cent more money in the year despite...

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    Nasir elected BMBA president

    Staff Correspondent | Updated at 12:14am on January 01, 2018

    LankaBangla Capital Market Operations managing director Mohammed Nasir Uddin Chowdhury has been elected as the president of Bangladesh Merchant Bankers Association for 2018-2019...

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    Most banks make robust operating profits in 2017

    Staff Correspondent | Updated at 11:05pm on January 01, 2018

    Operating profits of most of the scheduled banks increased significantly in the just-concluded year of 2017 amid rampant credit disbursements by the banks, said senior...

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    Transactions of banks, trading on bourses to remain closed today

    Staff Correspondent | Updated at 11:23pm on December 30, 2017

    Transactions of all banks will remain closed today as all banks will complete their financial calculations for 2017 as it is the last day of...

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    Growth narrative contradicts standard of living: UO

    Staff Correspondent | Updated at 11:20pm on December 30, 2017

    Rising income gap, unsatisfactory rate of job creation, inefficient resources distribution, stagnation in the ratio of private investment to gross domestic product and growing capital...

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    NRB conclave held in Dhaka

    Business Desk | Updated at 10:48pm on December 30, 2017

    With the theme ‘Transforming Bangladesh through Knowledge Remittance’, the first ever Non Resident Bangladeshis conclave was held at Le Méridien in Dhaka on Saturday, said...

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