Banking

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    HSBC launches dual currency debit card

    Staff Correspondent | Updated at 11:34pm on September 20, 2020

    The Hongkong and Shanghai Banking Corporation in Bangladesh has launched dual currency transaction feature on the HSBC Debit Card recently to facilitate overseas transactions for...

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    BRAC Bank, BASIS launch Digonto package to support BASIS members

    Business Desk | Updated at 10:19pm on September 20, 2020

    BRAC Bank and the Bangladesh Association of Software and Information Services have launched a special financial package called Digonto to extend support to BASIS members,...

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    Government net bank borrowing drops by 74.13pc

    HM Murtuza | Updated at 10:13pm on September 20, 2020

    The government’s net borrowing from the country’s banking system dropped by 74.13 per cent or Tk 19,944.51 crore year-on-year till September 14 of the current fiscal...

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    BB issues clarification on online payment thru int’l cards

    Staff Correspondent | Updated at 10:11pm on September 20, 2020

    The Bangladesh Bank on Sunday issued a clarification regarding online payments made using international cards, specifying payments against a number of purposes as allowable. However,...

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    Deadline extended by 3 months as loan release to farmers slow

    Staff Correspondent | Updated at 10:09pm on September 20, 2020

    The Bangladesh Bank on Sunday extended the deadline for disbursement of Tk 5,000 crore in refinance loans meant for the agriculture sector by three months...

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    US Fed official warns against inflation ‘ghost stories’

    AFP | Updated at 11:26pm on September 19, 2020

    The Federal Reserve has been too cautious in its recent policy shift allowing higher prices to boost employment, one US central banker said Friday, warning...

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    ADB vows to work with Asia for recovery from COVID-19

    United News of Bangladesh . Dhaka | Updated at 10:55pm on September 18, 2020

    The Asian Development Bank has said it is committed to partnering with developing economies in Asia and the Pacific to achieve their recovery goals from...

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    Impose minimal LC margin on onion import

    Staff Correspondent | Updated at 10:48pm on September 17, 2020

    The Bangladesh Bank on Thursday asked the country’s scheduled banks to keep charges against the letter of credit for the import of onion at a...

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    Visa launches security roadmap for Bangladesh

    Business Desk | Updated at 10:36pm on September 16, 2020

    Visa, a global payments technology company, has launched its ‘Future of Security Roadmap’ for Bangladesh, with a detailed plan to further strengthen payment security over...

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    Prime Bank partners with LBBW for 1st deal in ECA-covered FCTL for City Group

    Business Desk | Updated at 11:49pm on September 15, 2020

    Partnering with German and Swiss financial institutions, Prime Bank has made its maiden deal in ECA covered Foreign Currency Term Loan for Bangladeshi conglomerate City...

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