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Mutual Trust Bank launches COVID-19 insurance
Staff Correspondent | Updated at 05:53pm on June 08, 2020
Mutual Trust Bank Ltd in partnership with Guardian Life Insurance Limited recently launched MTB Shield, the country’s first ever fixed deposit with COVID-19 along with...
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Midland Bank introduces self-registration for its banking app
| Updated at 11:23pm on June 07, 2020
Midland Bank Limited has made registration for ‘midland online’, its internet banking application, client-driven, said a press release. The bank has made the sign-up process...
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City Bank launches app for transaction in distance
| Updated at 11:22pm on June 07, 2020
City Bank has introduced a mobile app for its working capital finance customers in response to the ongoing pandemic crisis and to ensure physical distancing...
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Bank cash dividend for general shareholders before Sept 30
Staff Correspondent | Updated at 11:16pm on June 07, 2020
The Bangladesh Bank on Sunday allowed all scheduled banks to disburse to their individual-shareholders before September 30 this year cash dividends the entities have announced...
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Bangladesh Bank issues another NBFI licence in scam-hit market
HM Murtuza | Updated at 11:10pm on June 07, 2020
The Bangladesh Bank on Sunday awarded a final approval to a new non-bank financial institution, Strategic Finance and Investments Limited (SFIL), on political consideration despite...
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Call money rate rises over 5pc on government bank borrowing
HM Murtuza | Updated at 09:41pm on June 06, 2020
The inter-bank weighted average rate of call money bounced back to over 5 per cent after the nationwide lockdown was lifted as government borrowing from...
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Tanjil Chowdhury elected Prime Bank chairman
Business Desk | Updated at 05:43pm on June 06, 2020
Tanjil Chowdhury was elected the new chairman of Prime Bank at the bank’s 500th board of directors meeting held on June 1, said a press...
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NRBC Bank launches sub-branch at Bhaluka
Business Desk | Updated at 10:14pm on June 04, 2020
NRB Commercial Bank launched the Bhaluka sub-branch of the bank at Bhaluka Bazar in Mymensingh on Wednesday, said a press release. NRBC Bank director and...
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Bangladesh Bank issues e-wallet licence to Recursion FinTech
Staff Correspondent | Updated at 10:07pm on June 04, 2020
The Bangladesh Bank has issued another payment service provider licence to run e-wallet services as digital financial transaction is gaining popularity among the public. Recursion...
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Bangladesh forex reserve hits record $34.23 billion
Staff Correspondent | Updated at 11:14am on June 04, 2020
The country’s foreign exchange reserve has surpassed $34 billion mark for the first time mainly due to the surge in remittance earnings in May.According to...