Bank News
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BB relaxes guidelines on remittance incentives
The central bank yesterday relaxed the guidelines of providing cash incentives to the beneficiaries of remittances.To any extent further, banks...
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Default loans fall slightly for relaxed rules
Defaulted loans on the banking sector went down slightly in the 3rd quarter this year because of the moratorium on...
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BKB, Rakub asked to lessen default loans, raise capital base
Bangladesh Lender yesterday asked two specialised banking institutions to strengthen their financial health by bringing down default loans and boosting...
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Breather for small borrowers
Bangladesh Bank yesterday slice the interest rate of a good refinance scheme for the CMSME sector, which is one of...
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Two latest deputy governors appointed
The federal government yesterday appointed two fresh deputy governors to the central bank.Bangladesh Bank's Executive Director Kazi Sayedur Rahman and...
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EBL’s profits double
Eastern Bank's earnings almost doubled year-on-year found in the July-September quarter despite lower interest salary amid the coronavirus pandemic.Analysis of...
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Govt alerts banks about cyberattack threat
The federal government has alerted banks about the risk of a cyberattack, instructing them to put in place precautionary measures...
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NRBC: First bank in 12 years to go for IPO
NRB Commercial Bank is going public to improve Tk 120 crore from the stock market, a move that could help...
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Bangladesh gets $256.5m Green Climate Fund
Bangladesh has received $256.5 million from the global Green Environment Fund to market private sector expense through large scale adoption...
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Social Islami Bank now offers digital experience
Social Islami Bank has moved fast to transform its traditional banking services into digital kinds amidst the ongoing economical hardship...
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No outsiders in board meetings remind Bangladesh Bank
Some banks now permit outsiders to take part in their board of directors' meetings, a practice that can be viewed...
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Agent banking winning hearts of remitters
Along with deposit mobilisation and loan disbursement, banks' agent banking outlets are becoming increasingly the key point in distributing remittance...
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Shaheed Nur Hossain Day observed
Various political and socio-cultural organisations, including Bangladesh Awami League, today observed Shaheed Nur Hossain Day recalling his outstanding contributions to...
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BB cuts credit risk for banks to increase stimulus fund disbursement
Microfinance institutions will take loans from three banks to make certain that the government's Tk 3,000 crore stimulus package smoothly...
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Wage rate ticking up
Workers in Bangladesh remain making do with lower wages compared to the pre-pandemic level as the ongoing monetary growth has...
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Banks get additional time to disburse loans among small enterprises
Bangladesh Bank yesterday extended the deadline for CMSME loan disbursements under its Tk 20,000 crore stimulus package before end of...