Banking

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    Pre-Eid new taka notes to be released from May 22

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on May 17, 2019

    Bangladesh Bank (BB) has taken a decision to release new notes of Tk 10, 20, 50 and 100 in the market from May 22 to...

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    BB raises banks’ capital market exposure limit

    Staff Correspondent | Updated at 12:00am on May 17, 2019

    Bangladesh Bank on Thursday increased banks’ investment limit in the capital market by excluding banks’ investments in unlisted securities from their capital market exposure count.The...

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    BB issues guidelines on foreign transactions by HTP enterprises

    Staff Correspondent | Updated at 12:00am on May 17, 2019

    Bangladesh Bank on Thursday issued for banks separate guidelines on foreign exchange transactions by enterprises operating in the country’s Hi-Tech parks.According to BB officials, there...

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    European Commission prepares raft of banking reforms after Brexit

    Reuters . London | Updated at 12:00am on May 16, 2019

    The European Commission is working on its largest regulatory push on banking since the financial crash that could curb Britain’s access to the bloc, according...

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    Mostafizur Joins NRB Global Bank AMD

    Business Desk | Updated at 12:00am on May 16, 2019

    Md Mostafizur Rahman Siddiquee has joined NRB Global Bank as additional managing director recently, said a press release.Prior to his joining NRB Global Bank, he...

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    14 listed banks suffer negative cash flow in Jan-Mar

    HM Murtuza | Updated at 12:00am on May 16, 2019

    Fourteen listed banks suffered significant liquidity shortage in the January-March quarter of the year of 2019 even though the entities managed to attain profits in...

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    Safwan re-elected Bank Asia vice-chair

    Business Desk | Updated at 12:00am on May 15, 2019

    Mohd Safwan Choudhury has been re-elected as vice-chairman of Bank Asia at the bank’s board of directors’ meeting recently, said a press release.Safwan is a...

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    Suspicious financial transaction rises 64pc

    Staff Correspondent | Updated at 12:00am on May 15, 2019

    The number of reports on suspicious transaction and activities about money laundering and terror financing has increased nearly 64 per cent in the fiscal year...

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    Graft-ridden bank sector biggest economic risk

    Staff Correspondent | Updated at 12:00am on May 14, 2019

    The corruption-ridden banking sector was the country’s biggest economic risk, said Metropolitan Chamber of Commerce and Industry in its January-March quarterly review released on Monday.The...

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    Rouf re-elected Bank Asia chairman

    Business Desk | Updated at 12:00am on May 13, 2019

    A Rouf Chowdhury has been re-elected as chairman of Bank Asia at a board of directors’ meeting of the Bank recently, said a press release.He...

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