banking
Suspicious transaction, activity reports in banks up 65% in FY23
Suspicious transaction and activity reporting shot up 65 percent year-on-year to 14,106, with 91 percent of the reports filed by scheduled banks, according to the annual report of BFIU
What lies ahead for Bangladesh’s economy?
To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
Digital banks will bring a revolution in Bangladesh
Once the digital banks are launched, poultry vendors at bustling hubs like Kawran Bazar and even vegetable growers in rural villages will be brought under the banking umbrella
Sustainable finance can catalyse Bangladesh’s renewable energy sector
Conventional finance alone will not help our nation to achieve its full renewable energy potential.
NBFIs asked to have a clear HR policy
There must be a clear policy on overall human resource management approved by the board of directors
Shaping the future of Islamic Banking in Bangladesh: Insights from banking leaders
In the pursuit of providing modern technology and Islamic Shariah-based banking services to the masses in Bangladesh,
Islamic Banking in Bangladesh / Expanding Horizons and Future Prospects
Islamic banking has garnered people’s attention with robust growth over the last decade as a large number of people in Bangladesh prefer the Shariah-based banking system for their financial transactions.
Bank deposits edge up after record outflows, Fed data shows
Deposits at US commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the two largest bank failures since the financial crisis rocked the banking system and rattled depositors.
Exclusive: German banks hit by wave of complaints from savers
Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector.
New StanChart credit card offers savings, cash backs
Standard Chartered launches a new credit card in Bangladesh which will provide customers a host of attractive benefits including savings and cash-backs.
Philippines cancels license of remittance firm after BB heist probe
Philippine central bank says it revoked the license of a remittance company that anti-money laundering investigators said was used to transfer some of the $81 million hackers looted from the Bangladesh central bank.
SWIFT, others blamed in full probe of BB heist
A government-formed committee which investigated the US$101 million heist from Bangladesh central bank’s account with Federal Reserve Bank of New York submits its full report to the finance minister. It has found SWIFT and others responsible for the heist.
Janata Bank to sue its officer for swindling clients’ FDR money
Days after an official of Janata Bank was learnt to have swindled Tk 1.93 core from clients’ FDR accounts, the bank authorities assure its clients that they will not be affected.
Philippine senator sees 'very low' chance of recovery of $81m stolen from BB
There is a “very low” chance that the government will be able to retrieve the $81 million stolen from the Bangladesh central bank because the money is now likely outside the country, Philippine senator says.
Banking for growth and humanity
Allocating more funds for training, research, technology, travel, and after-hour education will not only add more human values to the banking profession, but also make our banking sector more productive in the long-run.
SANCHAYAPATRA - A TROJAN HORSE
Sanchayapatra – a supposed welfare instrument – is actually a Trojan horse that threatens the future of our development budget, and thus reduces growth potentials for the nation. The higher the sale of NSCs, the higher the future interest liability which will definitely eat up a bigger pie of our budget, reducing the share of the Annual Development Programme (ADP).
BASIC Bank scam: ACC files 18 cases
Anti-Corruption Commission files a total of 18 cases with three police stations in Dhaka in connection with alleged irregularities and corruption at BASIC Bank.
HSBC fires staff for mock IS execution video
British bank HSBC fires six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online.
