Banking

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    BRAC Bank brings Visa contactless credit cards

    Business Desk | Updated at 11:08pm on July 02, 2020

    BRAC Bank has announced the launch of Visa contactless credit cards for its customers to experience cashless payments, said a press release. Cardholders can pay...

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    BKash users can now send money to non-BKash users

    Business Desk | Updated at 11:05pm on July 02, 2020

    Mobile financial service provider BKash has enabled its customers to send money to anybody who doesn’t have any BKash account, said a press release. Customers...

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    AB Bank’s classified loans fall drastically in 2019

    | Updated at 10:55pm on July 02, 2020

    AB Bank has reported a decline in its classified loans to 18.28 per cent in 2019 which stood at 33.07 per cent at the beginning...

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    FY20 remittance hits record $18.2b, reserve crosses $36b

    HM Murtuza | Updated at 10:41pm on July 02, 2020

    The country’s remittance earnings hit record $18.21 billion in the just concluded fiscal year 2019-20 with the country’s foreign exchange reserve exceeding the $36 billion-mark...

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    NRB Bank, Trans-Fast sign deal on remittance disbursement

    | Updated at 10:52pm on July 01, 2020

    NRB Bank Limited signed an agreement with Trans-Fast Remittance LLC for disbursing foreign remittance throughout the country, said a press release. NRB Bank managing director...

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    Community Bank’s 15th board meeting held

    | Updated at 10:51pm on July 01, 2020

    The 15th board meeting of Community Bank Bangladesh was held at the Police Headquarters in Dhaka on Tuesday, said a press release. The meeting was...

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    Tariqul joins SBAC Bank as MD, CEO

    Business Desk | Updated at 10:46pm on July 01, 2020

    Tariqul Islam Chowdhury has been appointed the managing director and chief executive officer of South Bangla Agriculture and Commerce Bank, said a press release...

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    BB allows exports under open account credit terms with guarantee

    Staff Correspondent | Updated at 10:45pm on July 01, 2020

    The Bangladesh Bank has allowed exports on sales contracts under open account credit terms with external payment guarantee. On Tuesday, the central bank issued a...

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    COVID-19, rate cut hit banks’ H1 operating profits

    HM Murtuza | Updated at 10:34pm on July 01, 2020

    Most of the banks witnessed a fall in operating profits in the first half of 2020 due mainly to the implementation of the single-digit lending...

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    SBAC Bank declares 10pc stock dividend

    | Updated at 11:21pm on June 30, 2020

    The board of directors of South Bangla Agriculture and Commerce (SBAC) Bank Limited has recommended 10 per cent stock dividend for the shareholders for the...

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