Bank News
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Private banks sweating out over deposits
Private banks saw a decline in deposit growth in December last year despite offering higher interest rates, highlighting the ongoing...
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AB Bank organizes training workshop
A training program on ‘Customer Service Excellence’ was held for the Front Desk officials of AB Bank.AB Bank Training Academy...
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Banks' capital base shrinking fast
The banking sector's capital base eroded alarmingly last year on the back of an increase in default loans.As of December...
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Banks on loan write-off spree
Loans written off by banks surged 20 percent last year as efforts to rein in default loans did not pay...
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Prime Bank, JCB launch platinum credit card
A platinum credit card was launched in Bangladesh yesterday through a partnership between Prime Bank and international payment channel Japan...
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Sonali's profit hits 7-year high
Sonali Bank logged the highest net profit in seven years thanks to its deposits with different banks and massive drives...
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Banks get six months more to lower ADR
Banks have got another six months to lower their advance-deposit ratio, a move that is expected to tame the current...
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Collect VAT from digital ads
The government is taking serious measures to collect value-added tax (VAT) on payments for advertisements published or services taken from...
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Credit growth stalls in Jan
The private sector credit growth did not rise as expected in January even after the largely peaceful general elections as...
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Bangladesh opts for settlement in BB cyber-heist case
Bangladesh is looking for coming to an agreement with the Filipino defendants of a case over a central bank cyber-heist...
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Indian carmakers ride on boom of Bangladesh
Indian automobile manufacturers are keen to expand their market share in Bangladesh after posting steady sales growth in the last...
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Banks charge importers more for greenback
Banks do not follow the exchange rate they set every day in a deviation that inflicts additional costs on importers...
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14 banks see unusual rise in default loans
Default loans in 14 banks surged abnormally in 2018 -- in a development that will weaken the country's banking sector...
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FDCB Fashion Fair Spring 2019 commences
Fashion Design Council of Bangladesh (FDCB) has organised a two-day fashion fest named FDCB Fashion Fair Spring 2019, being held...
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Ethical banking hinges on ethical parliament
A parliament that follows the principles of ethics is important for the growth of an ethical banking system, said Junaid...
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Abe adviser says BOJ can shelve price goal
The Bank of Japan can abandon its 2 percent inflation target or suspend efforts to achieve it once the job...