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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,...