Bank News
-
BB bats for sukuk investors
The central bank has proposed the National Board of Revenue (NBR) to consider the profits earned by individual investors from...
-
Low-interest levels in banks: where to invest then?
Most people in Bangladesh prefer to hold their funds in banks but lower rates of interest on deposits are now...
-
Today jail term for trade-based money launderers
Businesspeople will come to be sentenced to seven years found in prison if they make the incorrect declaration on exports,...
-
Mercantile Lender posts Tk 223cr profit
Mercantile Bank's net income rose 0.39 per cent year-on-year to Tk 223 crore in 2020 thanks mainly to the low...
-
BFIU seeks facts on accounts held by SK Sur, Shah Alam
In an ‘unprecedented’ approach, the Financial Intelligence Unit (BFIU) of Bangladesh Bank has sought information on the lender accounts of...
-
BB to form Tk 500cr fund for startups
Bangladesh Bank yesterday decided to form a good Tk 500 crore fund to help startups commence organization. The central bank's...
-
Another new bank opens for business
Bengal Commercial Bank launched business functions yesterday targeting to attain small and medium entrepreneurs by method of giving out loans. This...
-
OTAs to play an essential role in BD travel market, say experts at seminar
Keeping pace with the development of technology and global trend, Bangladesh travel market is expected to experience an exponential growth...
-
Stop running offensive promotions against each other
Bangladesh Lender yesterday asked e-wallet or digital money companies to avoid creating propaganda against one another.It has been found that...
-
Excess liquidity falls after 8 months
Excess liquidity in the banking industry that ballooned because of pandemic-induced lower credit demand and an injection of funds under...
-
Internet banking gaining traction
Internet banking transactions possess surged lately as persons increasingly embraced the digital mode while opting never to visit branches. The...
-
BB inks agreements with 14 banks, FIs
Bangladesh Lender (BB) signed on Thursday participation agreements with nine banks and five finance institutions (FIs) to improve competitive potential...
-
Weak NBFIs barred from paying a dividend
With a number of non-bank financial institutions (NBFIs) suffering from an extreme cash crunch, the central bank yesterday barred finance...
-
Give apparel makers six more months to repay loans
The finance ministry has asked the central bank to supply an additional grace amount of half a year to garment...
-
Dhaka needs to pay $460m to become listed on New Development Bank
Bangladesh will have to pay about $460 million in registration fee to become a person in the New Development Bank...
-
Tencent raises $8.3 billion using its biggest ever loan
Tencent, the creator of the messaging program WeChat, has raised $8.3 billion in the biggest offshore syndicated bank loan in...