Banking

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    BAB for up to 15pc cut in private bank salaries

    HM Murtuza | Updated at 12:18am on June 15, 2020

    Bangladesh Association of Banks on Sunday recommended up to 15 per cent cut in salaries and allowances of employees of the private commercial banks for...

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    Community Bank wins awards for digitisation

    New Age Desk | Updated at 12:20am on June 14, 2020

    Community Bank Bangladesh Limited has emerged winner in the Transformation Excellence category of globally acclaimed Infosys-Finacle Client Innovation Awards 2020 for achieving digital...

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    Bangladesh Bank relaxes policy for exporters

    Staff Correspondent | Updated at 10:36pm on June 12, 2020

    The Bangladesh Bank has eased the import payment procedure for exporters operating outside the specialised zones if payments from buyers are deferred. As per the...

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    Tk 16,148cr put aside for scam-hit SoBs

    Staff Correspondent | Updated at 11:36pm on June 11, 2020

    The government has put aside a huge amount of public money in the proposed national budget like the previous years for recapitalisation of the ailing...

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    Government targets to keep inflation at 5.4pc as demand sags 

    Staff Correspondent | Updated at 11:12pm on June 11, 2020

    Finance minister AHM Mustafa Kamal on Thursday set the target to keep inflation within 5.4 per cent in the coming financial year 202021 amid sagging...

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    2 pc incentive on remittance to continue in 2020-21 fiscal

    United News of Bangladesh . Jatiya Sangsad | Updated at 08:13pm on June 11, 2020

    The 2 per cent incentive on remittance sending from abroad will continue in the next fiscal 2020-21...

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    City Bank partners with ITFC for $15m trade finance line

    Business Desk | Updated at 10:29pm on June 10, 2020

    City Bank has entered into a $15 million trade finance line with the International Islamic Trade Finance Corporation, the trade financing arm of Islamic Development...

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    Credit guarantee scheme in offing

    Staff Correspondent | Updated at 10:21pm on June 10, 2020

    The Bangladesh Bank has drafted a Credit Guarantee Scheme Manual to support small and medium enterprises which lack adequate assets to pledge for bank loans....

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    Outstanding loans up to Tk 1 lakh get full interest waiver for April, May

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

    The Bangladesh Bank on Wednesday issued guidelines on bank-loan interest waiver for the months of April and May, giving a full interest waiver on outstanding...

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    Zaeem elected new EC chairman of Prime Bank

    Staff Correspondent | Updated at 12:40pm on June 10, 2020

    Zaeem Ahmed has been elected the new chairman of the executive committee of Prime Bank Limited, said a press release.The board of directors of the...

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