1d ago| Business

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.

1d ago| Business

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.

1d ago| Business

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. 

2w ago| Economy

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.

2w ago| Economy

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.

3w ago| Economy

Rakub gets new DMD

Kazi Abdur Rahman joined Rajshahi Krishi Unnayan Bank (Rakub) in the post of deputy managing director (DMD) recently.

January 25, 2023
January 25, 2023

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.

January 25, 2023
January 25, 2023

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.

January 25, 2023
January 25, 2023

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. 

January 23, 2023
January 23, 2023

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.

January 23, 2023
January 23, 2023

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. 

January 21, 2023
January 21, 2023

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. 

January 19, 2023
January 19, 2023

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. 

January 17, 2023
January 17, 2023

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.

January 17, 2023
January 17, 2023

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.

January 12, 2023
January 12, 2023

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.