Bangladesh Bank governor Ahsan H Mansur has unveiled startling details about money laundering activities, including the illicit transfer of $20 billion abroad by a Chattogram-based entity....
Osman Ershad Faiz has been appointed as Eastern Bank PLC鈥檚 additional managing director, said a press release.
Al-Arafah Islami Bank PLC managing director and chief executive officer Farman R Chowdhury, on behalf of the bank, has recently handed over a bus to Chattogram Government Women鈥檚 College principal Tahmina Akhter Noor, said a press release.
Janata Bank PLC has launched a deposit scheme titled 鈥楴ew Generation Double Benefit Scheme鈥�, said a press release.
National Credit and Commerce Bank PLC conducted its 11th extra-ordinary general meeting virtually on Tuesday, said a press release.
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20 billion, following a $1.67-billion payment to the Asian Clearing Union against import bills for November and December of 2024...
Banks disbursed Tk 9,391 crore in agricultural loans in July-October of the 2024-25 financial year, which accounts for 24.71 per cent of the total disbursement target for FY25, according to Bangladesh Bank data...
A Dhaka court on Tuesday ordered the authorities concerned to attach houses, plots and flats of Chowdhury Nafeez Sarafat, former chairman of Padma Bank PLC鈥檚 board of director, his wife Anjuman Ara Shahid and son Chowdhury Rahib Sarafat.
Fifty per cent of the loans issued by 21 non-bank financial institutions (NBFIs) turned non-performing as of September, revealing a dire financial crisis in the sector...
The Bangladesh Bank has enlisted global auditing firms Ernst & Young (EY) and KPMG to evaluate the asset quality of six banks currently mired in financial irregularities and corruption. The audit, funded by the Asian Development Bank, is part of efforts to restore transparency and accountability in the banking sector...
China鈥檚 central bank has outlined a 鈥榤oderately loose鈥� monetary plan aimed at boosting domestic demand to spur growth, days after president Xi Jinping called for more proactive macroeconomic policies.
Social Islami Bank PLC distributed agricultural finance at 4 per cent profit rate among 400 soya bean and chilli cultivators at Subarnachar in Noakhali on Saturday, said a press release.
Al-Arafah Islami Bank distributed blankets among cleaning staff of the Chattogram City Corporation as part of the bank鈥檚 corporate social responsibility activities on Friday, said a press release.
NCC Bank received 鈥楾op Ten Remittance Award鈥� from the Ministry of Expatriates鈥� Welfare and Overseas Employment in recognition of their performance in facilitating remittance collection...
BRAC Bank has partnered with Sena Insurance PLC, a subsidiary of Sena Kalyan Sangstha, to provide the latter with advanced cash management solutions recently, said a press release.