Banking | Page 3 | The Daily Star
  • BB sounds cyber alarm

    The Bangladesh Bank yesterday warned banks to heighten measures to repel cyber attacks after a multinational hacking ring made off with Rs 94.4 crore from India's Cosmos Bank last week.

  • India's Cosmos Bank loses $13.5m in cyber attack

    Cyber criminals hacked the systems of India's Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank tells police.

  • StanChart launches new home loan product

    Standard Chartered Bangladesh yesterday launched MortgageOne, a home financing solution enabling clients to enjoy a reduced interest rate and loan tenure through maintaining deposits with current accounts.

  • Banks can now open clearing accounts in yuan

    The central bank yesterday allowed banks to open foreign currency clearing accounts in yuan in keeping with the soaring trade with China.

  • Citi holds forum on Belt and Road Initiative

    Citibank NA Bangladesh has recently hosted a forum on the Belt and Road Initiative (BRI) underlining the bank's commitment to support Bangladesh, global clients and investors with the opportunities offered by the programme launched by China.

  • Increase bank branches to reach out to poor: Muhith

    Banks should increase their number of branches to give a boost to financial inclusion, said Finance Minister AMA Muhith yesterday.

  • No rate cut on savings tools this year

    The interest rate on savings instruments will remain unchanged for the time being, in a development that can be termed an about turn for Finance Minister AMA Muhith, who only a couple of days ago indicated it would be lowered.

  • MTB Unit Fund declares 13.25pc cash dividend

    MTB Unit Fund's trustee committee has declared a cash dividend of 13.25 percent per unit for fiscal 2017-18, says a press release.

  • HSBC gets new head of retail banking

    Ahmed Saiful Islam has been appointed as the head of retail banking at HSBC in Bangladesh with effect from August 2.

  • Bangladesh Bank gold error

    RESERVE HEIST: BB to file lawsuit in NY court by January

    The central bank is going to file a damage claim with a New York court by January next year to recover its reserve money stolen through one of the biggest cyber crimes in the world in February 2016.