Deposits in micro-savers' accounts rise 12%

The deposits in no-frills accounts hit Tk 3,849 crore in Jul-Sep quarter
6 January 2024, 15:13 PM

City Bank gets $45 million Murabaha trade finance from ITFC

It is ITFC's highest trade finance extended to a commercial bank
6 January 2024, 11:20 AM

Sonali Bank returns clients' funds deducted after technical glitch

On Jan 1, the bank's clients in Tangail faced unusual fund deduction
3 January 2024, 14:30 PM

Muneem reappointed as NBR chairman

His contractual appointment has been extended by two years
3 January 2024, 13:43 PM

Consumer Rights asks Evaly to settle consumer complaints

The directorate serves show-cause notice on the e-commerce platform
3 January 2024, 13:19 PM

BB gives 7 banks Tk 22,000cr in emergency funds

The central bank has extended a total of Tk 22,000 crore in emergency funds to seven beleaguered banks including five Islamic banks to dress up their balance sheet ahead of the year’s end.
31 December 2023, 18:00 PM

National Bank broke rules to reschedule MP aspirant’s loan

National Bank delivered false information into the Bangladesh Bank’s credit information bureau database to hide the default loans of one of its clients, said a Bangladesh Bank letter.
28 December 2023, 18:00 PM

How National Bank went astray

National Bank, the country’s first private sector bank with a prosperous past, became a losing concern due to massive loan irregularities, lack of good governance and conflict among directors.
26 December 2023, 18:00 PM

BB reconstitutes National Bank board

Bangladesh Bank yesterday reconstituted the board of National Bank, in a move that is expected to steady the ship at the country’s first private sector bank beset by financial irregularities.
21 December 2023, 18:00 PM

Forex reserves rise by $1.51 billion in a week

Reserves stood at $20.68 billion on Dec 20
21 December 2023, 12:40 PM

Bangladesh Bank dissolves National Bank board

Former DU Prof Syed Ferhat Anwar is the new National Bank chairman
21 December 2023, 09:46 AM

Central bank rolls out bancassurance guidelines

To be eligible, banks have to show positive net profit for three consecutive years
20 December 2023, 15:16 PM

Post-LDC challenges now a headache for Bangladesh: finance secretary

The govt targets achieving one crore direct taxpayers by 2026, he says
20 December 2023, 14:23 PM

National Bank postpones AGM after Supreme Court order

The National Bank Ltd has postponed its annual general meeting (AGM) for an indefinite period following a status quo order issued by the Supreme Court.
20 December 2023, 08:18 AM

Central bank says it has nothing to do with Bangladesh Bank Sangbad magazine

The use of the BB monogram by the magazine had created confusion among the financial institutions
19 December 2023, 12:11 PM

14 banks face record capital shortfall

Fourteen banks, including six state-run ones, faced a record capital shortfall in the third quarter of 2023, an indication of their fragile financial health caused mainly by a lack of governance. 
18 December 2023, 18:00 PM

BB explains warning to cash-strapped Shariah banks

The central bank yesterday said it asked five cash-strapped Shariah-based banks to adjust the deficit in their current account but did not decide yet that the lenders would be removed from payment platforms. 
17 December 2023, 18:00 PM

5 Islamic banks’ fund deficit: Here’s what Bangladesh Bank says

The Bangladesh Bank has asked five cash-strapped Shariah-based lenders to adjust the deficit in their current account balance by December 26.
17 December 2023, 08:35 AM

5 Islamic banks at risk of being frozen out of transactions

Bangladesh Bank sets December 26 deadline for the banks to adjust current account deficit
14 December 2023, 18:00 PM

Southeast Bank to raise Tk 500 crore thru bonds

Tk 450 crore will be mobilised under private placement, Tk 50 crore through public offer
14 December 2023, 08:49 AM