Buro Bangladesh to issue Tk 150 crore bond
Leading non-governmental organisation Buro Bangladesh is going to raise funds of Tk 150 crore by issuing zero coupon bond.
Trust Islami Life’s Tk 16 crore IPO gets nod
The Bangladesh Securities and Exchange Commission today approved the initial public offering of Trust Islami Life Insurance to raise funds of Tk 16 crore.
DCCI for major reforms to arbitration, bankruptcy, company acts
The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors.
Pubali Bank, BB sign deal on refinance loan
Pubali Bank Limited and the Bangladesh Bank signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country.
Quick steps needed to ensure good governance in banks
The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.
Rakub gets new DMD
Kazi Abdur Rahman joined Rajshahi Krishi Unnayan Bank (Rakub) in the post of deputy managing director (DMD) recently.
Buro Bangladesh to issue Tk 150 crore bond
Leading non-governmental organisation Buro Bangladesh is going to raise funds of Tk 150 crore by issuing zero coupon bond.
Trust Islami Life’s Tk 16 crore IPO gets nod
The Bangladesh Securities and Exchange Commission today approved the initial public offering of Trust Islami Life Insurance to raise funds of Tk 16 crore.
DCCI for major reforms to arbitration, bankruptcy, company acts
The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors.
bKash becomes ‘Employer of Choice’ for third year in a row
Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.
National Bank asked not to disburse loans over Tk 10 crore
The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain.
Reaching financial inclusion goal to take 200 years at current pace
Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today.
60% sub-branches of banks must be outside city corporations, top-tier municipalities
At least 60 per cent of sub-branches will have to be in areas located outside city corporations and top-tier municipalities, according to a Bangladesh Bank notice today.
Pilot kicks off for digital payment with QR code
The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.
More budget support, easy loans sought from AIIB
Finance Minister AHM Mustafa Kamal today requested China-led Asian Infrastructure Investment Bank (AIIB) to extend more budget support and ease loan conditions the way the World Bank has done for Bangladesh.
Brac Bank to get $100 million from Jica, Citi to finance green projects
Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.