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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...

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  IBBL holds virtual business development conference

  Business Desk | Updated at 10:40pm on June 03, 2020

  Dhaka north zone of Islami Bank Bangladesh Limited held a business development conference virtually on Tuesday, said a press release. IBBL managing director and CEO...

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  Bank earning slump makes import financing costlier

  HM Murtuza | Updated at 10:25pm on June 03, 2020

  Cost of foreign import financing by the country’s local banks increased up to 2 percentage points in the last couple of months due mainly to...

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  Bangladesh Bank moves to expand banks’ ATM services in rural areas

  Staff Correspondent | Updated at 11:22pm on June 01, 2020

  The Bangladesh Bank has allowed non-bank entities to operate alongside banks automated teller machines across the country focusing on spreading banking services in the rural...

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  Banks’ general shareholders to get dividend before Sept

  Staff Correspondent | Updated at 11:19pm on June 01, 2020

  The Bangladesh Bank is likely to allow banks to disburse cash dividend only to the general shareholders before September this year, BB executive director and...

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  Remittance rebounds in May due to Eid

  Staff Correspondent | Updated at 11:14pm on June 01, 2020

  The inflow of remittance rebounded to hit a four-month high in May after a sharp fall in the previous month as the expatriates sent money...

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  Banks not to fine depositors for delay

  Staff Correspondent | Updated at 11:11pm on June 01, 2020

  The Bangladesh Bank on Monday asked all scheduled banks not to charge depositors late fees for their failure to pay instalments for April and May...

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  Bangladesh Bank files fresh case with New York state court over heist

  Staff Correspondent | Updated at 10:43pm on June 01, 2020

  The Bangladesh Bank has filed a fresh case with the New York state court over the $81-million heist from the central bank’s reserve kept with...

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  PM announces Tk 2,000 crore bank interest waiver

  Bangladesh Sangbad Sangstha . Dhaka | Updated at 09:57pm on May 31, 2020

  Prime minister Sheikh Hasina on Sunday announced a new stimulus package to waive Tk 2,000 crore bank interest of the people affected badly by the...