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    Deutsche Bank to pay $130m to settle US probes

    Agence France-Presse . New York | Updated at 10:30pm on January 09, 2021

    Deutsche Bank will pay $130 million to settle a foreign bribery probe and fraud charges in precious metals trading, US officials announced Friday. The bribery...

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    Bangladesh Bank should float funds for ICT firms on easy terms: eGeneration MD

    HM Murtuza | Updated at 10:24pm on January 09, 2021

    Financing from Bangladesh Bank for information and telecommunication companies through venture capital firms and banks is critical for the ICT sector to overcome funding issues...

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    Bitcoin soars past $40,000 for the first time

    Agence France-Presse . London | Updated at 10:41pm on January 08, 2021

    The price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days. The price of bitcoin...

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    Sanaullah re-elected SJIBL chairman

    Business Desk | Updated at 11:27pm on January 07, 2021

    Md Sanaullah Shahid has been re-elected as chairman of the board of directors of Shahjalal Islami Bank Limited at the bank’s 313th board meeting held...

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    Leather sector gets spl facility to regularise defaulted loans

    Staff Correspondent | Updated at 11:26pm on January 07, 2021

    The Bangladesh Bank has floated special rescheduling facility for the leather sector entities that were relocated to Savar Leather Industrial Park, allowing the banks to...

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    Moyen becomes Dhaka Bank DMD

    Business Desk | Updated at 10:42pm on January 06, 2021

    AMM Moyen Uddin has recently been promoted to the rank of deputy managing director of Dhaka Bank, said a press release. Prior to the promotion,...

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    BB relaxes ICRRS guidelines for small firms

    Staff Correspondent | Updated at 10:40pm on January 06, 2021

    The Bangladesh Bank on Wednesday exempted banks from having to comply with the Internal Credit Risk Rating System guidelines in issuing credit to a number...

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    Govt’s H1 bank borrowing stands at 2.38pc of target

    Staff Correspondent | Updated at 10:33pm on January 06, 2021

    The government’s net bank borrowing in the first half of the current fiscal year accounted for 2.38 per cent of its budgetary target for the...

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    Bangladesh Bank assessing need for loan moratorium extension

    HM Murtuza | Updated at 01:18am on January 06, 2021

    The Bangladesh Bank has initiated a move to scrutinise the need for extending the moratorium facility on loan repayment further by three months following requests...

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    Fair Technology to make Hyundai cars in Bangladesh

    Staff Correspondent | Updated at 01:09am on January 06, 2021

    Fair Technology, a concern of Fair Group, on Tuesday announced that the entity would set up a manufacturing unit of South Korean multinational auto maker...