Branches of the scheduled banks in the readymade garments industrial areas will remain open in March 28-29 to facilitate payment of garment workers鈥� salary, Eid聽bonus, allowances and export-import activities...
Ahsan Khan Chowdhury has been elected chairman of Midland Bank PLC, said a press release.
Twelve banks faced a massive provision shortfall of Tk聽1,09,151 crore at the end of December, with state-owned Janata Bank alone accounting for Tk聽27,860 crore, according to Bangladesh Bank data...
During the first half of Ramadan this year, expatriates have sent over Tk 900 crore remittances through bKash, said a press release.
Russia鈥檚 central bank kept its key rate at 21 per cent on Friday, locking in two-decade-high borrowing costs as it battles rampant inflation.
The dollar holdings of Bangladesh鈥檚 commercial banks increased in February, supported by a rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Deposits in bank accounts held by marginalised individuals saw a slight increase in December 2024 compared with September, according to Bangladesh Bank鈥檚 quarterly report...
Ten commercial banks in Bangladesh collectively had Tk聽2.57 lakh crore in defaulted loans as of December 2024, accounting for nearly 75 per cent of the total non-performing loans in the country鈥檚 banking sector.
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
In a policy change, the Bangladesh Bank has set a target for banks and financial institutions to disburse 27 per cent of their total loans to the cottage, micro, small and medium enterprise sector by 2029...
The number of bank accounts holding deposits exceeding Tk 1 crore increased by near 5,000 in December due to stagnant business environment in the country.
Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a possible takeover of its German rival.
BRAC Bank has signed a strategic partnership agreement with BSRM Group to help enhance business growth of the conglomerate in Bangladesh with exclusive banking services, said a press release.
Prime Bank PLC, a pioneering private bank in the country, announced its annual dividend payment for the year 2024.
The Bangladesh Bank on Thursday imposed strict conditions on dividend payouts, limiting most banks鈥� ability to distribute dividends...