Bangladeshi individuals, Banks: Deposits with Swiss banks rise 55pc
Funds deposited by Bangladeshi citizens and banks with different Swiss banks witnessed a massive rise of 55 percent to 871 million Swiss francs (CHF), about Tk 8,266 crore, in 2021 compared to the previous year.
Bank vendors can’t be those of high-ups: BB
Bangladesh Bank yesterday asked banks to refrain from procuring goods and services from firms in which directors and high officials of the lenders have ownership, be it direct or indirect.
Global Islami Bank IPO gets nod
Global Islami Bank got the nod to raise funds of Tk 425 crore from the stock market by offloading ordinary shares through an initial public offering (IPO).
Resolve complaints seriously
Bangladesh Bank yesterday asked banks to seriously look into and resolve complaints of clients over their financial services so that none faces further hassles.
BRB Hospitals offers discounts to IBBL cardholders
Islami Bank Bangladesh Ltd (IBBL) recently signed a memorandum of understanding with BRB Hospitals enabling up to 25 per cent discount at the hospital for the bank’s cardholders, officials and their family members.
40 entrepreneurs get loan from Midland Bank
Midland Bank in collaboration with Usha Foundation, a non-government organisation, disbursed a loan of Tk 1 crore, out of Tk 4.50 crore, among 40 entrepreneurs of Jamdani Cluster in Narayanganj.
StanChart Saadiq Bangladesh wins award
Standard Chartered Saadiq Bangladesh has won an award at Digital CX Awards 2022 in the category of digital customer experience across the financial services ecosystem.
Eastern Bank, DSE launch Visa credit card
Eastern Bank has launched a co-brand credit card with Dhaka Stock Exchange (DSE) and Visa exclusively for the stock market employees and its trading right entitlement certificate (TREC) holder companies.
Ten banks face capital shortfall of Tk 27,051cr
Ten banks in Bangladesh collectively faced a capital shortfall of Tk 27,051 crore in March, an indication of their fragile health caused by years of irregularities.
City Bank attains higher credit rating
City Bank’s credit ratings have recently been upgraded by the Credit Rating Agency of Bangladesh, the long term from AA2 to AA1 and the short term from ST-2 to ST-1.