Bank News
-
No handouts for state banks last fiscal year
State banks did not get a single penny from taxpayers in the just concluded fiscal year to make up their...
-
Airtel Payments Bank ties up with Bharti AXA Life Insurance to offer term insurance
Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima...
-
Banks’ operating profit rises despite liquidity crisis
Most of the private banks saw their operating profits edge up in the first half of the year despite the...
-
MoneyGram launches Bank Deposit Service for NRBs
MoneyGram (NASDAQ: MGI) , a global leader in Omnichannel money transfer and payment services announced a partnership with Jamuna Bank,...
-
Islami Bank’s default loans double in three months
Despite rescheduling huge amount of loans, the default loans of Islami Bank Bangladesh Ltd (IBBL) more than doubled to Tk...
-
IMF, World Bank chiefs address US plan for Palestinians
The heads of international financial institutions and global investors are addressing a conference intended to boost a $50 billion U.S....
-
Banks call for exemption from stock dividend tax
Banks have sought to be excused from the government’s decision to introduce tax on both stock dividends and retained earnings.Finance...
-
Current account deficit shrinks 35pc to $5b
Bangladesh’s current account deficit continues to pose risks to macroeconomic stability despite its 35 percent fall in the first 10...
-
Skills training for 400 women
Some 400 underprivileged young women of the 2018 batch of the Citi UCEP Technical Education Programme have recently completed their...
-
AIBL approves 15pc cash, 2pc stock dividend for 2018
Al-Arafah Islami Bank Ltd. has approved 15 per cent cash and 5 per cent stock dividend for the year 2018...
-
Central bankers claim oversight over Facebook’s cryptocurrency
Three European central bankers are claiming oversight over Facebook’s planned virtual currency to ensure it will not jeopardise the financial...
-
Bank cards to be costlier
The cost for issuing new credit and debit cards will balloon 3-6 times after the government imposed fresh duty on...
-
Spare banks from stock dividend tax
Banks have sought to be excused from the government’s plan to introduce 15 percent tax on stock dividend and retained...
-
Dhaka Bank chairman re-elected
Reshadur Rahman has recently been re-elected chairman of Dhaka Bank.The election took place at the bank’s 353rd board meeting on...
-
State banks weighed down by bad loans
Default loans in state-run commercial banks soared 10.64 percent, or Tk 5,184 crore, in the first quarter of the year...
-
Govt’s bank borrowing to soar 77pc
The government may bump up bank borrowing by as much as 77.32 percent to Tk 54,800 crore for financing the...