Prime Bank opens Japan Desk
Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.
Metaverse and the future of banking
When the term “metaverse” was first used around 30 years ago by Neal Stephenson, an American speculative fiction writer, in his science-fiction novel, Snow Crash, he could barely have anticipated that the term would be on everyone’s lips in 2022.
ILFSL to recover funds taken by PK Halder’s 4 firms
The International Leasing and Financial Services Ltd (ILFSL) has taken initiatives to revive the four companies owned by PK Halder in order to recover its funds given out to them.
Stabilising forex market: BB actions contradict aim
Bangladesh Bank recently took a set of initiatives to bring about an effective floating exchange rate, meaning that which will rise or fall based on supply and demand, to bring back stability in the foreign exchange market.
Mercantile Bank wins South Asian Business Excellence Award
Mercantile Bank Ltd won South Asian Business Excellence Award-2022 as the “Best Bank in the Private Sector” by South Asian Partnership Summit.
BB officials show-caused for info leak on scams
The Bangladesh Bank has served show-cause notices on a good number of officials, asking them to explain how could media outlets published reports based on the central bank's findings on several banking scams.
Prime Bank opens Japan Desk
Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.
Metaverse and the future of banking
When the term “metaverse” was first used around 30 years ago by Neal Stephenson, an American speculative fiction writer, in his science-fiction novel, Snow Crash, he could barely have anticipated that the term would be on everyone’s lips in 2022.
ILFSL to recover funds taken by PK Halder’s 4 firms
The International Leasing and Financial Services Ltd (ILFSL) has taken initiatives to revive the four companies owned by PK Halder in order to recover its funds given out to them.
BB approval must for NBFIs to lend to subsidiaries, waive interests
The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
Loans to become costly as policy rates hiked by 25 basis points
Bangladesh Bank today hiked its key interest rate or policy rate by 25 basis points to 5.75 per cent with a view to containing the inflationary pressure.
One Bank, CCULB Resort sign MoU
One Bank Ltd recently signed a memorandum of understanding (MoU) with CCULB Resort and Convention Hall for customer privilege.
Brac Bank wins accolades in South Asian Business Excellence Awards
Brac Bank recently won five awards in five different categories in the South Asian Business Excellence Awards 2022 for its digital transformation, social and sustainable initiatives.
NFBIs demand withdrawal of cap on deposit interest
The non-bank financial institutions have demanded withdrawal of the 7 per cent interest cap on deposit.
EBL raises Tk 122.4cr for TMSS
Eastern Bank Limited (EBL) has raised Tk 1,224 million (Tk 122.4 crore) through the issuance of zero-coupon bonds for Thengamara Mohila Sabuj Sangha (TMSS), a microfinance institution in Bangladesh.
Brac Bank opens 800th agent banking outlet
Brac Bank has achieved a milestone of opening the 800th agent banking outlet recently.