Small merchants who have personal retail accounts will not have to maintain any minimum deposit and face any account maintenance fee, according to a central bank notice.
Currently, the volume of the EDF is $6 billion and the interest rate on EDF loans is 4.5%
Brac Bank has set this unique example on the eve of International Women's Day by appointing an all-women sales team.
Standard Bank has recently appointed a new managing director (MD) and chief executive officer.
Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.
Leading non-governmental organisation Buro Bangladesh is going to raise funds of Tk 150 crore by issuing zero coupon bond.
Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore
Shahabuddin was made IBBL director in June 2017 after the change of ownership of the bank
The leading global bank joins over 70 other German companies already present in Bangladesh
Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above
The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.
The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.
Standard Bank has recently appointed a new managing director (MD) and chief executive officer.
Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.
The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.
Social Islami Bank Ltd (SIBL) today appointed Belal Ahmed as acting chairman for its board of directors after Md Mahbub Ul Alam resigned from the post on January 26.