Banking

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    Sri Lanka gets $500m South Korean loan after Chinese bailout

    | Updated at 10:41pm on May 10, 2021

    Sri Lanka said on Monday that it had secured a $500 million loan from South Korea, a month after a similar loan from China as...

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    Gold price increases to Tk 71,442 a bhari

    Staff Correspondent | Updated at 10:33pm on May 10, 2021

    Jewellers on Monday increased the price of gold by Tk 2,333 to Tk 71,442 a bhari (11.66 grams) on the local market due to the price...

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    No govt bank borrowing in July-April

    Staff Correspondent | Updated at 10:32pm on May 10, 2021

    The government’s borrowing from the banking sector dropped by Tk 13,627 crore in the July-April period of the current fiscal year 2020-21 amid heavy sales of...

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    Global Islami Bank launches ATM Booth at Highway Inn Hotel

    Staff Correspondent | Updated at 03:57pm on May 10, 2021

    Global Islami Bank Limited had recently inaugurated its 83rd ATM booth at Highway Inn Hotel in Cumilla, said a press release on Sunday...

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    Banks’ call money demand low even before Eid

    Staff Correspondent | Updated at 10:54pm on May 09, 2021

    The weighted average overnight call money rate in a rare instance is hovering at 2 per cent even before Eid-ul-Fitr, the biggest festival of the...

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    BSEC okays SBAC Bank’s Tk 100cr IPO

    Staff Correspondent | Updated at 10:50pm on May 09, 2021

    The Bangladesh Securities and Exchange Commission on Sunday approved South Bangla Agriculture & Commerce Bank Limited’s proposal to raise Tk 100 crore from the capital market...

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    Jashim Uddin elected FBCCI president

    Staff Correspondent | Updated at 06:30pm on May 09, 2021

    Bengal Group vice-chairman Md Jashim Uddin has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry unopposed for the term 2021-22...

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    Bangladesh Bank makes cash-on-delivery services cashless

    Staff Correspondent | Updated at 11:07pm on May 07, 2021

    The Bangladesh Bank has barred cash transactions between courier service providers and sellers of online platforms against delivery of products on cash-on-delivery terms through the...

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    ADB proposes ending financing for coal plants

    Agence France-Presse . Manila | Updated at 10:54pm on May 07, 2021

    The Asian Development Bank will stop financing new coal power plants under a draft energy policy released on Friday that was cautiously welcomed by environmental...

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    BoE sees stronger Britain growth recovery from pandemic

    Agence France-Presse . London | Updated at 11:21pm on May 06, 2021

    The Bank of England said on Thursday that the UK economy would enjoy a stronger than expected recovery this year as the country eases its...

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