September 13, 2021
September 13, 2021

Community Bank transactions enabled through bKash app

Mobile financial service provider bKash has recently launched an integrated transaction service with Community Bank Bangladesh Limited. 

September 13, 2021
September 13, 2021

HSBC introduces cash flow forecasting service

HSBC Bangladesh has recently introduced an HSBC Cash Flow Forecasting tool that allows businesses to generate a more accurate view of their future finances and liquidity position. 

September 10, 2021
September 10, 2021

Take actions against wilful loan defaulters

Bangladesh’s top trade body yesterday urged banks to take actions against the wilful loan defaulters to bring down the amount of bad loans.

September 9, 2021
September 9, 2021

Mastercard, Brac Bank launch ‘Mastercard Tara World’

Mastercard and Brac Bank yesterday launched a “Mastercard Tara World” credit card in Bangladesh. 

September 9, 2021
September 9, 2021

Nafees Khundker new Bank Asia director

Nafees Khundker has recently been appointed director of Bank Asia Ltd.  He is also one of the sponsors of the bank, a press release said.

September 9, 2021
September 9, 2021

SBAC Bank to offer merchant banking, asset management

The South Bangla Agriculture and Commerce (SBAC) Bank has decided to establish two subsidiaries to venture into merchant banking and asset management.

September 9, 2021
September 9, 2021

Bank deposits rise despite low returns

Deposits at banks saw remarkable growth last fiscal year as the coronavirus-linked uncertainty compelled people to cut non-essential expenses and save more, while lending growth shrank slightly due...

September 8, 2021
September 8, 2021

Pubali Bank, Bank Muscat in $52m deal

Pubali Bank has reached a syndicated loan facility agreement worth $52 million with Bank Muscat.  The facility will help Pubali Bank provide liquidity services to local banks and local import and...

September 8, 2021
September 8, 2021

BB tells NBFIs to avoid unlicensed courier services

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) in the country to not transport any materials through unlicenced courier service companies.

September 8, 2021
September 8, 2021

Customers suffer as Nagad blocks accounts alleging suspicious transactions

A number of customers of Nagad have alleged that they were facing troubles in carrying out transactions on their accounts as the mobile financial service provider has suspended them on suspicion of...