Banking

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    BB relaxes provisioning for consumer financing

    Staff Correspondent | Updated at 12:51am on October 21, 2020

    The Bangladesh Bank on Tuesday relaxed its rules on keeping general provision by banks against unclassified loans of all categories under consumer financing, except for...

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    PLFS depositors demand quick repayment

    Staff Correspondent | Updated at 11:06pm on October 19, 2020

    Depositors of People’s Leasing and Financial Services Limited, which has been in the process of liquidation, on Monday placed three-point demands, including an intervention of...

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    Bangladesh Bank lowers risk weights against banks’ investments

    Staff Correspondent | Updated at 11:45pm on October 18, 2020

    The Bangladesh Bank on Sunday relaxed its guidelines on risk-based capital adequacy for the banks’ investments in venture capital fund, lowering the risk weight against...

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    SIBL hosts third quarter business conference

    Staff Correspondent | Updated at 08:10pm on October 18, 2020

    Social Islami Bank Limited arranged a two-day virtual business conference of the 3rd quarter of 2020 to evaluate the business position of the bank recently....

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    BRAC Bank gets 4 VISA awards

    Business Desk | Updated at 10:30pm on October 17, 2020

    BRAC Bank has received four awards for its performance in cards and payment business at the VISA Leadership Conclave held digitally on October 15, said...

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    BRAC Bank bags four VISA awards

    Staff Correspondent | Updated at 07:51pm on October 17, 2020

    BRAC Bank received four awards for its performance in VISA cards and payment business. The bank won the Excellence in Credit Cards Business, Excellence in...

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    SJIBL holds 306th board meeting

    Business Desk | Updated at 10:20pm on October 15, 2020

    Shahjalal Islami Bank Limited’s 306th board of directors meeting was held recently at its corporate head office in Dhaka by maintaining the social distancing regulations,...

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    BB issues show cause letters to 7 SCBs over loan non-disbursement from Tk 3,000cr refinance scheme

    Staff Correspondent | Updated at 10:14pm on October 15, 2020

    The Bangladesh Bank on Thursday issued show cause letters to seven state-owned commercial banks for not disbursing loans to farmers and low-income groups from the...

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    BB asks MFS operators to publicise charge list

    Staff Correspondent | Updated at 10:10pm on October 15, 2020

    The Bangladesh Bank on Thursday asked all mobile financial services operators to publicise the list of their applicable service charges on mass media and social...

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    US banks report good earnings, but warn of hit if no more stimulus

    Agence France-Presse . New York | Updated at 11:58pm on October 14, 2020

    Large US banks reported better-than-expected results on Tuesday on an improving economy, but cautioned that the recovery could falter if Washington fails to enact new...

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