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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...