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AIBL gets new DMDs
Business Desk | Updated at 10:37pm on February 11, 2021
Muhammed Nadim, Abed Ahmed Khan and Md Abdullah Al Mamun have recently been promoted to the rank of deputy managing director of Al-Arafah Islami Bank...
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11 banks’ provision shortfall Tk 7,146cr in Oct-Dec
Staff Correspondent | Updated at 11:46pm on February 10, 2021
Eleven banks suffered Tk 7,146.24 crore in provision shortfalls in the October-December period of the year 2020 despite the central bank’s embargo on downgrading loans amid...
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Export proceeds repatriation thru MFS allowed
Staff Correspondent | Updated at 11:44pm on February 10, 2021
The Bangladesh Bank on Wednesday allowed mobile financial service operators such as bKash, Nagad, Rocket and others MFS licensees by the Bangladesh Bank to repatriate...
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Biden team shelves plan to force TikTok sale: report
Agence France-Presse . Washington | Updated at 11:39pm on February 10, 2021
A plan to force the sale of TikTok to American investors has been put on hold as the administration of President Joe Biden reviews the...
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Mercantile Bank to remain shut in Feb 17-21
| Updated at 11:38pm on February 10, 2021
All kinds of banking services of Mercantile Bank Limited will remain suspended for five days from February 17 to February 21 due to the shifting...
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802nd EC meeting of SJIBL held
| Updated at 11:35pm on February 10, 2021
The 802nd meeting of the executive committee of Shahjalal Islami Bank Limited was held recently at the bank’s corporate head office by maintaining proper hygiene...
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Premier Bank, AMZ Hospital sign MoU
Staff Correspondent | Updated at 09:37pm on February 10, 2021
Premier Bank credit and debit card holders are going to get upto 25 per cent discount at AMZ Hospital Limited. The entities have recently signed...
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BB allows IT-enabled services’ export proceeds repatriation through MFS
Staff Correspondent | Updated at 03:03pm on February 10, 2021
Bangladesh Bank on Wednesday allowed mobile financial service operators, such as bKash, Rocket, Nagad and others MFS licensees by Bangladesh Bank, to repatriate export proceeds...
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Loan release thru agent banking surges in Oct-Dec
Staff Correspondent | Updated at 11:54pm on February 09, 2021
Loan disbursement through the banks’ agent banking wings increased by 525.07 per cent or Tk 770.8 crore year-on-year in the OctoberDecember period of 2020 as...
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Defaulted loans decline to Tk 88,283 crore in Dec
Staff Correspondent | Updated at 11:53pm on February 09, 2021
The amount of defaulted loans in the country’s banking sector dropped to Tk 88,283 crore at the end of December 2020 due mainly to a Bangladesh...