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    Fed to raise interest rates once more in Q3, then done

    Reuters . Bengaluru | Updated at 12:00am on March 17, 2019

    The US Federal Reserve will remain patient for a little longer than thought just last month, waiting until the third quarter before raising rates once...

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    Padma Bank unveils new logo with new hope

    Staff Correspondent | Updated at 12:00am on March 17, 2019

    Padma Bank Limited on Saturday unveiled its new logo after getting approval from the central bank to change its name in a bid to revamp...

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    Assets management cos to be hired: finance minister

    Shakhawat Hossain | Updated at 12:36am on March 15, 2019

    Finance minister AHM Mustafa Kamal on Thursday said that the government would hire assets management companies to recover bad loans.After a pre-budget meeting with parliamentary...

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    Lack of BB’s monitoring plunged banks into crisis: ACC chair

    Staff Correspondent | Updated at 12:23am on March 12, 2019

    The Anti-Corruption Commission chairman Iqbal Mahmood on Monday said that lack of sufficient monitoring by the central bank plunged the banking sector into crisis related...

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    Banks must display NPSB logo on ATMs, POS terminals

    Staff Correspondent | Updated at 12:00am on March 12, 2019

    Bangladesh Bank has issued guidelines on National Payment Switch Bangladesh (NPSB) logo, making its display mandatory on all automated teller machines, point of sales terminals...

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    British banks commit to invest more in woman entrepreneurs

    Reuters . London | Updated at 12:00am on March 09, 2019

    Major British banks have committed to narrowing the gap in funding between female and male entrepreneurs, after a government-commissioned report found a lack of available...

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    Banks given six more months to adjust ADR

    Staff Correspondent | Updated at 12:00am on March 08, 2019

    Bangladesh Bank on Thursday extended the deadline by six more months for banks to adjust their advance-deposit ratio with the new rates set by the...

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    Banks in poll areas to stay closed on Mar 10

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:44pm on March 06, 2019

    All branches of scheduled banks will remain closed on March 10 in the election areas across the country, according to a circular issued by the...

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    BB asks BSEC to ban BIFC share transfer by Mannan

    Mostafizur Rahman | Updated at 12:00am on March 07, 2019

    Bangladesh Bank has requested Bangladesh Securities and Exchange Commission to impose a ban on Bangladesh Industrial Finance Company founding chairman Major (retd) Abdul Mannan and...

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    More capitals for ailing commercial banks worrying

    | Updated at 12:00am on March 07, 2019

    THE government putting more capitals into banks whenever they run short of capital appears to have been set in a perpetual motion. The practice appears...