Banking

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    Nasir elected BMBA president

    Staff Correspondent | Updated at 12:14am on January 01, 2018

    LankaBangla Capital Market Operations managing director Mohammed Nasir Uddin Chowdhury has been elected as the president of Bangladesh Merchant Bankers Association for 2018-2019...

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    Most banks make robust operating profits in 2017

    Staff Correspondent | Updated at 11:05pm on January 01, 2018

    Operating profits of most of the scheduled banks increased significantly in the just-concluded year of 2017 amid rampant credit disbursements by the banks, said senior...

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    Transactions of banks, trading on bourses to remain closed today

    Staff Correspondent | Updated at 11:23pm on December 30, 2017

    Transactions of all banks will remain closed today as all banks will complete their financial calculations for 2017 as it is the last day of...

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    Growth narrative contradicts standard of living: UO

    Staff Correspondent | Updated at 11:20pm on December 30, 2017

    Rising income gap, unsatisfactory rate of job creation, inefficient resources distribution, stagnation in the ratio of private investment to gross domestic product and growing capital...

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    NRB conclave held in Dhaka

    Business Desk | Updated at 10:48pm on December 30, 2017

    With the theme ‘Transforming Bangladesh through Knowledge Remittance’, the first ever Non Resident Bangladeshis conclave was held at Le Méridien in Dhaka on Saturday, said...

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    SME loan disbursement up 21pc in 9 months

    Staff Correspondent | Updated at 11:48pm on December 28, 2017

    SME loan disbursement by banks and non-bank financial institutions increased by 21 per cent to Tk 1,23,045 crore in the first nine months of the year...

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    BB urges all to abstain from transactions of virtual coins

    Staff Correspondent | Updated at 10:19pm on December 27, 2017

    Bangladesh Bank has issued a cautionary notice asking all to refrain from transacting online-based unauthorised and illegal virtual or crypto currencies including Bitcoin....

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    Defaulted industrial loans rise by 30pc in Jul-Sept

    Staff Correspondent | Updated at 10:11pm on December 27, 2017

    The total defaulted industrial loans increased by 30 per cent to Tk 31,270 crore in the July-September period of this year from that of the same...

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    ACC summons AB Bank's ex-chairman, managing director

    Bangladesh Sangbad Sangstha | Updated at 07:25pm on December 27, 2017

    The Anti-Corruption Commission on Wednesday sent notices to former chairman of AB Bank M Wahidul Haque and its managing director M Fazlur Rahman to face...

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    Bangladesh Bank warns against use of crypto currency

    Staff Correspondent | Updated at 05:37pm on December 27, 2017

    The Bangladesh Bank in notice on Wednesday warned people not to sue any kind of crypto currency as they are not legal tender issued by...

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