Bank News
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World Bank raises China growth outlook to 8.5%The World Bank raised its forecast of China’s economic growth this year to 8.5 per cent from 8.1 per cent...
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Funding Asia's trillion-dollar infrastructure needsAsia will need tens of trillions of dollars in infrastructure investments over the next decade. Money Mind looks at how...
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Bangladesh prepares for Libor phase-outThe Bangladesh Bank yesterday issued an insurance plan on calculating the interest of short-term foreign loans as the London Interbank...
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Major banks, airlines in Australia, U.S. report online outagesMajor banks and airlines in Australia and america suffered brief online outages Thursday, with several blaming an "external provider" for...
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Banks face IT auditsThe ICT Division will probably commence an IT audit on banks next month to measure their capacity to thwart cyberattacks...
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World Bank projects 5.1% GDP progress for Bangladesh in 2021-22The World Lender has projected that Bangladesh's GDP growth will be 5.1 percent within the next 2021-22 fiscal year.The WB...
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BB buys record $7.7b to keep taka stableThe central bank purchased $7.68 billion from the banking system in the first 11 months of the existing fiscal year,...
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LankaBangla gets $15m foreign loanLankaBangla Financing has received a overseas loan of $15 million from Luxembourg-based BlueOrchard Microfinance Fund.The mortgage loan proceeds will meet...
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Just about all private banks reluctant to supply long-term loans to industriesMost of the private banks are reluctant to provide long-term loans to large and large industries, affecting industrialisation and professional...
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Nine banks incur net losses found in Q1Nine banks faced net losses found in the first one fourth of this year as the majority of them have...
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ECNEC okays Tk 3,089.97cr Meghna River Bank protection projectThe federal government on Tuesday gave go-ahead to a Tk 3,089.97 crore Meghna river bank protection project looking to protect...
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MFS interoperability by DecemberPeople should be able to transfer cash from their cell wallets to other accounts owned by another carrier and banking...
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Banks fast embracing money recycling machinesBanks are aggressively putting in cash recycling devices (CRMs) to supply faster deposit and funds withdrawal services to clients, a...
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Cash takes back seat as Covid drives cards useThe make use of both credit and debit cards went up heavily in March as persons purchased more products through...
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NBR collection target may remain unchangedThe government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year...
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Bangladesh Bank issues guideline on utilization of public fund kept with MFSBangladesh Bank yesterday issued guidelines specifying the only real ways in which public money deposited in the accounts operated by...
