BB to ensure 50pc women staff in agent banking: governor
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would soon issue a circular ensuring that 50 per cent workforce of the agent banks would be women...
Banking
BB reduces CRR for banks to 3pc amid cash crisis
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
BRAC Bank raises Tk 700cr thru subordinated bond
BRAC Bank has raised a subordinated bond worth Tk 700 crore to enhance its capital base as per Basel-III requirements.
Call money rate static at 10pc for 4 months
The interbank call money rate has remained steady at 10 per cent since November 2024, as banks have been reluctant to borrow at high rates amid the current business climate.
Bank officers helped S Alam drain Tk 2,000cr
A recent Bangladesh Bank inspection has revealed that employees of banks previously controlled by S Alam Group systematically facilitated massive, unrecorded cash withdrawals for the controversial conglomerate.
HSBC highlights digital tools in boosting payments
The Hongkong and Shanghai Banking Corporation Limited Bangladesh has recently organised an event titled 鈥楧igitise at Scale: Emerging Trends in Payments and Treasury Management solutions,鈥� said a press release.
New currency notes highlighting uprising spirit finalised
A meeting between officials of the finance ministry and the Bangladesh Bank on Thursday finalised newly designed currency notes highlighting the mass uprising that ousted the authoritarian Awami League regime on August 5, 2024.
Islamic banks鈥� liquidity surges amid BB bailout
Excess liquidity in Islamic banks surged by Tk 9,272 crore in December compared to September 2024, mainly due to the Bangladesh Bank鈥檚 massive bailout to crisis-hit shariah-based banks...
Some sick banks may not survive: BB governor
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the banks those were hamstrung by classified loans over 80 per cent of their outstanding loans would not survive...
Transactions through MFS likely to cross Tk 25 lakh crore
Transactions through mobile financial services in Bangladesh may exceed Tk 25 lakh crore in 2025, Bangladesh Bank governor Ahsan H Mansur said on Tuesday...
MDB opens relocated Noapara sub-branch in Jashore
Midland Bank PLC on Monday inaugurated its relocated Noapara sub-branch at 26 Buikara, Kalahata, Joshore-Khulna Highway, Noapara pourashava, Aboynagar thana in Jashore, said a press release...
BB sets bank hours for Ramadan
Bangladesh Bank has set new transaction hours for banks during the holy month of Ramadan...
Loan disbursement to CMSME drops by 16pc
Loan disbursements to the Cottage, Micro, Small, and Medium Enterprise (CMSME) sector dropped by 16 per cent in the July-September quarter of FY25 compared to the same period in FY24, due to political turmoil and economic instability during the period...
Bank Asia organises AML, CFT conference
Bank Asia PLC has organised the annual 鈥楢ML and CFT Conference 2025鈥� with the theme 鈥楢ML-CFT: fostering and enduring a culture of compliance鈥� to enhance anti-money laundering and combating the financing of terrorism knowledge...
Mosttafa Shazzad Hasan joins Prime Bank as independent director
Certified forensic accountant, chartered accountant and corporate legal expert M Mosttafa Shazzad Hasan has recently joined the board of directors of Prime Bank PLC as independent director.