• 

  FY20 remittance hits record $18.2b, reserve crosses $36b

  HM Murtuza | Updated at 10:41pm on July 02, 2020

  The country’s remittance earnings hit record $18.21 billion in the just concluded fiscal year 2019-20 with the country’s foreign exchange reserve exceeding the $36 billion-mark...

• 

  NRB Bank, Trans-Fast sign deal on remittance disbursement

  | Updated at 10:52pm on July 01, 2020

  NRB Bank Limited signed an agreement with Trans-Fast Remittance LLC for disbursing foreign remittance throughout the country, said a press release. NRB Bank managing director...

• 

  Community Bank’s 15th board meeting held

  | Updated at 10:51pm on July 01, 2020

  The 15th board meeting of Community Bank Bangladesh was held at the Police Headquarters in Dhaka on Tuesday, said a press release. The meeting was...

• 

  Tariqul joins SBAC Bank as MD, CEO

  Business Desk | Updated at 10:46pm on July 01, 2020

  Tariqul Islam Chowdhury has been appointed the managing director and chief executive officer of South Bangla Agriculture and Commerce Bank, said a press release...

• 

  BB allows exports under open account credit terms with guarantee

  Staff Correspondent | Updated at 10:45pm on July 01, 2020

  The Bangladesh Bank has allowed exports on sales contracts under open account credit terms with external payment guarantee. On Tuesday, the central bank issued a...

• 

  COVID-19, rate cut hit banks’ H1 operating profits

  HM Murtuza | Updated at 10:34pm on July 01, 2020

  Most of the banks witnessed a fall in operating profits in the first half of 2020 due mainly to the implementation of the single-digit lending...

• 

  SBAC Bank declares 10pc stock dividend

  | Updated at 11:21pm on June 30, 2020

  The board of directors of South Bangla Agriculture and Commerce (SBAC) Bank Limited has recommended 10 per cent stock dividend for the shareholders for the...

• 

  NSC sales turn negative Tk 621cr in Apr amid shutdown

  Staff Correspondent | Updated at 10:54pm on June 30, 2020

  The net sales of national savings certificates turned negative in April this year amid the outbreak of coronavirus in the country and subsequent imposition of...

• 

  Loan default by top 3 borrowers to affect 20 banks

  Staff Correspondent | Updated at 10:47pm on June 30, 2020

  Defaults on loans by top three large borrowers of the banks would result in failure of 20 banks in maintaining minimum capital adequacy, according to...

• 

  AIBL recommends 13pc cash dividend for 2019

  | Updated at 11:31pm on June 29, 2020

  Al-Arafah Islami Bank Limited has recommended 13 per cent cash dividend for the year ended on 31st December 2019 subject to the approval of the...