Banking

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    Farmers Bank cannot return clients’ deposits

    Staff Correspondent | Updated at 12:05am on January 26, 2018

    Finance minister AMA Muhith on Thursday told parliament that Farmers Bank would not able to return savings to depositors as the bank was facing severe...

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    3cr people living below poverty line: Muhith

    Staff Correspondent | Updated at 12:05am on January 25, 2018

    Finance minister Abul Maal Abdul Muhith on Wednesday said at least three crore people of the country were still living below the poverty line and...

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    BB to announce H2 monetary policy on Jan 29

    Staff Correspondent | Updated at 12:05am on January 25, 2018

    Bangladesh Bank is likely to announce on January 29 the monetary policy for the second half (January-June) of the current fiscal year 2017-2018 keeping ‘unchanged’...

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    Tk 6,06,503 crore outstanding loans in last 10 years

    Staff Correspondent | Updated at 12:05am on January 25, 2018

    Finance minister AMA Muhith on Wednesday told Jatiya Sangsad that the amount of outstanding loan stood at Tk 6,06,503 crore while the amount of loan...

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    FBCCI wants home loan interest at 5pc

    Staff Correspondent | Updated at 12:05am on January 24, 2018

    The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday requested government to reduce the interest rate on home loan to 5 per cent...

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    FDI to Bangladesh increases by 8pc in 11 months

    Staff Correspondent | Updated at 12:05am on January 24, 2018

    Foreign direct investment increased by around 8 per cent to $ 1.85 billion in January-November period of 2017 in the country from $ 1.71 billion that of...

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    RMG labour assocs demand Tk 16,000 as minimum wage

    Staff Correspondent | Updated at 12:05am on January 24, 2018

    Garment Shramik Odhikar Andolan, a platform of 12 labour organisations, on Tuesday submitted to the Bangladesh Garment Manufacturers and Exporters Association a memorandum, demanding Tk 16,000...

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    Pubali Bank director fined Tk 5 lakh for insider trading

    Staff Correspondent | Updated at 12:05am on January 24, 2018

    The Bangladesh Securities and Exchange Commission on Tuesday fined Pubali Bank director Syed Moazzem Hussain Tk 5 lakh for insider trading. The penalty was slapped at...

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    NBR wants real time access to import docs

    Jasim Uddin | Updated at 12:05am on January 24, 2018

    The National Board of Revenue has requested the Bangladesh Bank for uploading import documents on the central bank’s web site on real-time basis to prevent...

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    Euro, yen also allowed for ACU transaction settlements

    Staff Correspondent | Updated at 11:51pm on January 18, 2018

    Asian Clearing Union has resumed accepting euro and allowed Japanese yen, along with US dollar, for settlements of current account transactions among ACU members that...

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