6h ago| Banking

Bangladesh joins New Development Bank as member state

Bangladesh has joined the New Development Bank (NDB), a multilateral development bank established by the BRICS countries, as a member state.

1d ago| Banks

Union Bank suspends 3 officials

Union Bank Limited has suspended three officials of its Gulshan branch over a liquidity shortage of Tk 19 crore in its vault.

1d ago| Banks

Savings certificates still lucrative despite rate cut

By this time, it is known to many that the government has reduced the interest rate on savings certificate and wage earners bond for investments above Tk 15 lakh.

4d ago| Business

SBAC Bank chairman Hossain steps down citing illness

SM Amjad Hossain, chairman of South Bangla Agriculture and Commerce Bank, has expressed his intention to resign, citing illness.

4d ago| Banks

BB unveils guideline on non-banking assets

The Bangladesh Bank yesterday unveiled a guideline on non-banking assets to allow lenders to deal with the properties put up as collateral after borrowers default. 

5d ago| Business

Bangladesh Bank unveils guideline on non-banking assets

The Bangladesh Bank today unveiled a guideline on non-banking assets to allow lenders to deal with the properties put up as collateral after borrowers default.

September 25, 2021
September 25, 2021

Bangladesh joins New Development Bank as member state

Bangladesh has joined the New Development Bank (NDB), a multilateral development bank established by the BRICS countries, as a member state.

September 24, 2021
September 24, 2021

Eurozone growth slows: survey

Economic growth in the eurozone stumbled in September, a closely watched survey said Thursday, as supply chain bottlenecks, high prices and the spread of the coronavirus Delta variant hurt output.

September 24, 2021
September 24, 2021

Nagad unblocks all but 8 accounts

Nagad yesterday said it unblocked all but eight accounts, including that of the chief executive officer of digital commerce company Sirajganj Shop, which were alleged to have been involved in a ...

September 24, 2021
September 24, 2021

Savings certificates still lucrative despite rate cut

By this time, it is known to many that the government has reduced the interest rate on savings certificate and wage earners bond for investments above Tk 15 lakh.

September 24, 2021
September 24, 2021

Union Bank suspends 3 officials

Union Bank Limited has suspended three officials of its Gulshan branch over a liquidity shortage of Tk 19 crore in its vault.

September 23, 2021
September 23, 2021

Bangladesh Bank finds discrepancy in Union Bank's vault

A branch of Union Bank Ltd has adjusted the shortage of funds in its vault through cheque, finds a Bangladesh Bank inspection.

September 23, 2021
September 23, 2021

US Bank inks $8b deal to buy MUFG’s retail banking business

US Bank announced an $8 billion deal on Tuesday to buy the US retail activities of Japan’s Mitsubishi UFJ Financial Group (MUFG).

September 23, 2021
September 23, 2021

HSBC, British Council to provide English, IT lessons to 2,400 girls

The Hongkong and Shanghai Banking Corporation Limited (HSBC) and British Council virtually launched a new programme recently to provide English and IT lessons to 2,400 out-of-school girls in...

September 22, 2021
September 22, 2021

Sonali Bank tops govt performance scoring

State-owned Sonali Bank Limited secured top position among all government banks in implementing an annual performance agreement 2020-21 signed with the finance ministry’s Financial Institutions...

September 22, 2021
September 22, 2021

ADB embarks on $12b lending scheme

The Asian Development Bank has launched a new country partnership strategy (CPS) for Bangladesh with a plan to accelerate lending in order to boost competitiveness, employment, green growth and...