Banking

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    Ali Ahmed elected NRB Bank’s RMC chairman

    Business Desk | Updated at 10:51pm on January 27, 2021

    Ali Ahmed has been elected chairman of risk management committee of the board of NRB Bank, said a press release. The board of directors of...

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    Anwarul elected IBCF chairman

    Business Desk | Updated at 10:42pm on January 27, 2021

    The Islamic Banks Consultative Forum has elected Social Islami Bank chairman Anwarul Azim Arif as chairman and re-elected Al-Arafah Islami Bank chairman Abdus Samad and...

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    BB asks banks to clear overseas banks’ payments on time

    Staff Correspondent | Updated at 10:36pm on January 27, 2021

    The Bangladesh Bank on Wednesday asked the banks, which have overdue import bills with overseas banks, to clear the payments soon otherwise the central bank...

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    MFS transactions rise by Tk 1.27 lakh cr in 2020

    Staff Correspondent | Updated at 10:34pm on January 27, 2021

    Transactions through the mobile financial service channel increased by 29.26 per cent or Tk 1,27,133 crore in the year 2020 as the service enabled people to...

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    HSBC Bangladesh unveils e-commerce facility on its debit card

    Staff Correspondent | Updated at 12:39pm on January 27, 2021

    The Hong Kong and Shanghai Banking Corporation in Bangladesh has officially launched e-commerce facility on HSBC visa debit card for customers, said a press release...

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    Farasath’s appeal against BB decision rejected

    Staff Correspondent | Updated at 10:56pm on January 26, 2021

    The Bangladesh Bank on Tuesday rejected an appeal made by former NRB Commercial Bank chairman Farasath Ali against the BB’s decision to ban him from...

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    H1 farm loan release up 18pc

    Staff Correspondent | Updated at 10:54pm on January 26, 2021

    Farm loan disbursement by banks increased by 18.31 per cent or Tk 1,977.2 crore year-on-year in the first half of the current fiscal year 2020-2021...

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    E-pay of duties above Tk 2 lakh mandatory from July: NBR chief

    Staff Correspondent | Updated at 10:53pm on January 26, 2021

    Traders will have to pay customs duties and taxes worth more than Tk 2 lakh online from July 1 as the National Board of Revenue is...

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    Mastercard will hike UK card fees due to Brexit

    Agence France-Presse . London | Updated at 10:56am on January 26, 2021

    Credit card giant Mastercard said on Monday that it will charge five times more in so-called interchange fees for United Kingdom customers buying online goods...

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    Nine Bangladeshi cos invest $40 million abroad

    HM Murtuza | Updated at 10:49pm on January 25, 2021

    Nine Bangladeshi entities have invested $40.1 million abroad after the Bangladesh Bank approved 10 companies to invest $52.79 million overseas. Besides the legally invested amount,...

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