Banking

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    Dhaka WASA accredits 37 banks for bill collection

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:34am on January 17, 2021

    Local Government Rural Development and Cooperatives minister Md Tajul Islam on Saturday awarded Bill Collection Award-2019-20 to 37 banks in recognition of their performance in...

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    Eastern Bank launches EBL INSTA BANKING

    Business Desk | Updated at 10:40pm on January 16, 2021

    Eastern Bank Limited launched its instant digital customer onboarding solution EBL INSTA BANKING on January 14, said a press release. The solution allows Bangladeshi customers...

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    Premier Bank launches six new Islami banking window services

    Staff Correspondent | Updated at 01:37pm on January 16, 2021

    Premier Bank Limited has inaugurated its Shahriah Based Islami Banking window services — Premier Bank Tijarah at another six branches through virtual platform recently, said...

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    BRAC Bank becomes banking partner of Saimon Global

    Business Desk | Updated at 10:23pm on January 14, 2021

    BRAC Bank has signed an agreement with Saimon Global Limited to be their transaction banking partner, said a press release. The signing took place at...

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    Hedayetullah elected EC chair of MTB

    Business Desk | Updated at 10:59pm on January 13, 2021

    Md Hedayetullah, a sponsor-director of Mutual Trust Bank and the chairman of Hedayetullah Securities Ltd, has been elected chairman of the board executive committee of...

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    US inflation stays muted as chaotic 2020 ends

    Agence France-Presse . Washington | Updated at 10:59pm on January 13, 2021

    The US economy saw little inflation in 2020 amid the disruptions caused by the coronavirus pandemic, with the final month of a year seeing only...

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    Digital euro could happen within 5yrs: Lagarde

    Agence France-Presse . Frankfurt am Main | Updated at 10:58pm on January 13, 2021

    A digital euro should be a reality within five years, European Central Bank president Christine Lagarde said on Wednesday. ‘It’s going to take a good...

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    Ashok elected Standard Bank vice-chairman

    Business Desk | Updated at 11:11pm on January 12, 2021

    Ashok Kumar Saha has been elected vice-chairman of the board of directors of Standard Bank recently, said a press release. Ashok became a director at...

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    ONE Bank, GLIL sign strategic partnership deal

    Business Desk | Updated at 11:10pm on January 12, 2021

    ONE Bank and Guardian Life Insurance Limited have recently signed a strategic partnership agreement, said a press release. Under the deal, ONE Bank’s OK Wallet...

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    Bangladeshi bank executes world’s 1st Shariah-based blockchain transaction

    Staff Correspondent | Updated at 12:04pm on January 12, 2021

    International Islamic Trade Finance Corporation, a Jeddah based organisation, has partnered with the Bangladesh-based City Bank to execute the world’s first Shariah-compliant cross-border blockchain transaction,...

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