Banks will buy US dollar at Tk 109.5 from exporters and sell at Tk 110

IMF will give $689 million, ADB $400 million and other sources $220 million

The global lender came up with the warning in a statement yesterday in light of recent reports of online loan scams using its name and logo in Bangladesh.

The port city’s income tax department handed over the best taxpayer awards

To be successful, digital banks must address the needs of these untapped low-moderate-income segments by capturing the alternate sources of data

BRAC Bank PLC has appointed two female drivers, Sharmin Akter Shanta and Tulona Akther, as part of its diversity and inclusion policy.

The Bangladesh Bank raised the limit to Tk 2.5 lakh, excluding the incentives.

Commercial banks have continued to borrow from Bangladesh Bank to meet their liquidity shortages despite a hike in the policy rate.

Bangladesh Bank today withdrew the 4 percent interest rate spread limit as the banking regulator introduced a new lending rate formula in July this year..The new interest rate formula has helped keep the interest rates of all kinds of loans at a logical level and maintain a tolerable depos

Five made it to the list for consecutive second year

AB Bank has sent a rejoinder to a report headlined “Six private banks’ bad loans soar 55pc in nine months” published in The Daily Star on November 23, 2023.

Bangladesh Bank is hunting for dollars to rebuild its depleting foreign exchange reserves ahead of the January 7 national election.

The salary structure will now have four grades in place of five

The new rate 7.75 percent will be effective from tomorrow

Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year -- a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.

Most banks collected remittances at Tk 122-123 a dollar today and sold at Tk 116-118 to the importers

They hold over 15% of total bank deposits in Bangladesh

A real estate company has issued bonds by offering eye-popping returns to raise funds for a gigantic housing project in Gazipur, a normal development on the surface.

Bad loans in six private banks increased by about 55 percent in the first nine months of the year, raising further alarms about the health of the banking sector.

The ADB yesterday approved a $336.5 million loan to establish domestic vaccine, therapeutics, and diagnostics manufacturing capacity in Bangladesh. It also aimed to strengthen the DGDA to ensure vaccine supply security, reads a press release.