1d ago| Banks

Govt goes slow on $3b IMF loan offer

In a rare move, the government is not rushing into a $3-billion loan offer from the International Monetary Fund (IMF) as Bangladesh has received a huge amount of budget support from multilateral...

1d ago| Banks

Uniform rates set to settle transactions

The Bangladesh Bank yesterday set uniform rates on settling transactions through digital platforms of banks and other financial service providers as part of its effort to facilitate clients and...

1d ago| Banks

TMSS loans now thru bKash

Thengamara Mohila Sabuj Sangha (TMSS) recently signed an agreement with bKash enabling its members to both receive microfinance loans and pay monthly instalments through the mobile financial...

1w ago| Banks

Midland Bank reelects chairman, vice chairman

Midland Bank Limited has recently witnessed the reelection of its chairman and vice-chairman at the 115th meeting of its Board of Directors.

1w ago| Business

StanChart unveils banking services for expatriates living in Bangladesh

Standard Chartered Bangladesh has announced the launch of expat banking services, through which expatriates residing in Bangladesh will enjoy access to a full range of banking services, seamlessly...

2w ago| Banks

Bangladesh Bank on dollar selling spree to keep taka steady

The foreign exchange regime has made an about-face in the last two months as the Bangladesh Bank continues to inject US dollars (USD) into the market to halt the depreciation of the local currency...

October 8, 2021
October 8, 2021

Midland Bank reelects chairman, vice chairman

Midland Bank Limited has recently witnessed the reelection of its chairman and vice-chairman at the 115th meeting of its Board of Directors.

October 8, 2021
October 8, 2021

BB relaxes banks’ investment rules

Bangladesh Bank yesterday relaxed rules regarding banks’ investment in Treasury bills and bonds in order to help them avoid generating lower-than-expected profits in the secondary bond market.

October 8, 2021
October 8, 2021

StanChart forecasts 7.2pc GDP growth

Bangladesh’s economic growth will rebound to 7.2 per cent in the current fiscal year, riding on domestic consumption, global recovery, steady flow of remittance and rising exports, said Standard...

October 6, 2021
October 6, 2021

StanChart unveils banking services for expatriates living in Bangladesh

Standard Chartered Bangladesh has announced the launch of expat banking services, through which expatriates residing in Bangladesh will enjoy access to a full range of banking services, seamlessly...

October 6, 2021
October 6, 2021

Moody’s changes City Bank outlook to stable

Moody’s Investors Service has changed the outlook to “stable” from “negative” and affirmed issuer rating at B1 for City Bank Limited. 

October 6, 2021
October 6, 2021

BFIU freezes bank accounts of payment gateway Foster

The Bangladesh Financial Intelligence Unit (BFIU) has frozen the bank accounts of Foster Payments due to its alleged involvement in money laundering.

October 6, 2021
October 6, 2021

Bangladesh Bank on dollar selling spree to keep taka steady

The foreign exchange regime has made an about-face in the last two months as the Bangladesh Bank continues to inject US dollars (USD) into the market to halt the depreciation of the local currency...

October 3, 2021
October 3, 2021

Brac Bank includes transgender, physically challenged to its team

Brac Bank has created employment opportunities for transgender people and people with physical challenges in its fleet as coworkers.

October 1, 2021
October 1, 2021

Prime Bank launches digital loan system for garment workers

Prime Bank Limited has introduced a digital loan disbursement system for the garments workers- the move, the bank claimed, is the first of its kind in the banking industry in Bangladesh.

October 1, 2021
October 1, 2021

Nagad’s interim licence gets fourth extension

The Bangladesh Bank yesterday renewed the interim licence of Nagad for another six months as the Bangladesh Post Office (BPO) has failed to form a subsidiary to run the mobile financial service.