Community Bank transactions enabled through bKash app
Mobile financial service provider bKash has recently launched an integrated transaction service with Community Bank Bangladesh Limited.
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.
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.
Mastercard, Brac Bank launch ‘Mastercard Tara World’
Mastercard and Brac Bank yesterday launched a “Mastercard Tara World” credit card in Bangladesh.
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.
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.
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...
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...
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.
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...