BB hikes cash withdrawal limit to Tk 5 lakh

The Bangladesh Bank (BB) has increased the cash withdrawal limit from banks to Tk 5 lakh per account this week, up from Tk 4 lakh per account the previous week
1 September 2024, 03:51 AM

MD's resignation: ‘Forced to put signature on pad never used by Islami Bank’

Former managing director breaks silence for first time since S Alam took control of the bank in 2017
30 August 2024, 11:03 AM

Sharif Zahir, new chairman of UCB

The bank has also got new faces in the top tier
29 August 2024, 15:48 PM

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged
29 August 2024, 13:32 PM

White paper to focus on mega projects, not all dev projects: Debapriya

The 12-member panel held its first meeting today, the next one on Sep 3
29 August 2024, 12:47 PM

BB hikes banks’ agri loan disbursement targets

The banks have to disburse Tk 38,000 crore in FY25, a target 8.75% higher year-on-year
29 August 2024, 10:16 AM

Shakib Al Hasan will no longer be BSEC’s brand ambassador

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
28 August 2024, 14:35 PM

Do not buy S Alam's assets: BB governor

The S Alam Group is trying to sell properties that are not mortgaged to banks
28 August 2024, 09:45 AM

Govt starts process to repatriate laundered money, acquire bank scammers’ asset

The interim government has already contacted various foreign organisations seeking their assistance
28 August 2024, 08:49 AM

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks
27 August 2024, 15:42 PM

Major economic indicators showing signs of improvement: MCCI

Imports, remittances and forex reserves are likely to increase, the leading chamber says
27 August 2024, 14:29 PM

Stocks fall after rising for two days

However, the turnover saw a 34% jump from the previous day
27 August 2024, 12:02 PM

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh
26 August 2024, 15:02 PM

Banking details sought of S Alam, 12 family members, companies

The BFIU also sought information related to their loan accounts with guarantee and loan repayment
26 August 2024, 12:51 PM

Restructure DSE board: brokers’ association

The DSE Brokers Association of Bangladesh wants appointment of seven new independent directors for the DSE board
25 August 2024, 14:39 PM

Banks freeze accounts of Padma Bank former chairman Nafeez Sarafat, family members

Bank accounts of their business entities will also remain frozen for the next 30 days
25 August 2024, 13:30 PM

BB hikes policy rate to tame inflation

Three months ago, the policy rate was hiked for the last time by 50 basis points to 8.5%
25 August 2024, 11:33 AM

Social Islami Bank gets new board of directors

The board has one director and four independent directors
25 August 2024, 10:57 AM

Panel will include issues beyond its mandate in white paper: Debapriaya

The panel gets 90 days to prepare and submit the paper
25 August 2024, 07:18 AM

BB hikes cash withdrawal limit to Tk 4 lakh

The previous limit was Tk 3 lakh
25 August 2024, 06:42 AM