Dollar holding by banks dips
Dollars held by Bangladesh鈥檚 commercial banks hit a more-than-two-year low in October, driven by a severe shortage of the foreign currency in the country...
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ECB warns of growing eurozone sovereign debt risks
The European Central Bank warned Wednesday that sovereign debt risks are growing in the eurozone at a time of heightened political uncertainty and muted economic performance...
TIB sees culture of dominance, grabbing continues across Bangladesh
The Transparency International Bangladesh on Monday said that the fall of the authoritarian regime is the biggest political, diplomatic, and strategic defeat for India in the...
Bank accounts of NRBC chair Parvez Tamal, 2 others frozen
Bangladesh Financial Intelligence Unit on Thursday froze the bank accounts of NRB Commercial Bank chairman SM Parvez Tamal, its vice president Md Jafar Iqbal Howlader and former executive committee chairman Adnan Imam and their companies...
NBL aims to recover defaulted loans, restore reputation: Mintoo
National Bank Limited aims to regain its leading position among the country鈥檚 private banks with proactive support from the Bangladesh Bank and will pursue all legal avenues to recover defaulted loans...
$12-15b laundered every year, estimates TIB
Transparency International Bangladesh executive director Iftekharuzzaman on Saturday said that while it was difficult to determine the exact amount of money laundered from Bangladesh, various estimates suggest that an average of $12鈥�15 billion was illicitly transferred out of the country each year...
UCB asks 40 officials to resign
United Commercial Bank PLC has asked 40 senior officials to resign amid allegations of corruption and professional misconduct...
National Bank鈥檚 Shibganj branch locked down over cash crisis
Angry customers of National Bank鈥檚 Shibganj branch in Sylhet locked the main entrance of the bank on Wednesday in protest after being unable to withdraw their deposits, a situation that has reportedly persisted for several days...
NRBC Bank penalised for breaching rules
The Bangladesh Bank has imposed a Tk聽5 lakh fine on NRBC Bank for the private commercial bank鈥檚 failure to report suspicious transactions by a client and ordered it to take disciplinary actions against officials concerned for their failure to do duties and for providing false information...
Private sector neglected on interim govt reform agenda: TIB
Transparency International Bangladesh on Sunday expressed concern over the lack of active participation from the private sector in the interim government鈥檚 advisory council and the...
UCB launches new products to realise three zeroes vision
United Commercial Bank PLC on Tuesday launched a new range of products, including deposit account and loan package.
Plan International holds 鈥楿ntil You Hear Me鈥�
Plan International Bangladesh on Thursday in Dhaka hosted a dialogue titled Until You Hear Me, as part of the International Day of the Girl 2024 celebrations...
China jails former top central banker for life for bribery
China jailed a former top central banker on Thursday for life for bribery, state media said, part of a years-old crackdown on corruption...
German govt expects another recession in 2024: report
The German government has slashed its forecast and now expects Europe鈥檚 largest聽economy聽to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday...
MyBL Super App campaign wins Digital Nations award
Banglalink鈥檚 鈥楳yBL Super App: Revolutionising Healthcare in Rural Bangladesh鈥� campaign has won 鈥楨xcellence in Digital Inclusion Award鈥� at M360 APAC Digital Nations Awards in Seoul, South Korea 鈥� GSMA鈥檚 annual flagship event for the Asia Pacific region, said a press release...
Rashid appointed as MD, CEO of UCB
Mohammad Mamdudur Rashid has been appointed as managing director and chief executive officer of United Commercial Bank PLC recently, said a press release...
TIB calls for overhauling of information commission, amendments to RTI Act
Transparency International Bangladesh has called for streamlining the information commission and bringing amendments to the Right to Information Act so that Bangladesh nationals can reap the benefit of the right to information.
10 solvent banks to provide support to 9 troubled ones
Ten banks have agreed to provide liquidity support to nine struggling banks through interbank market, with the central bank assuming responsibility for repaying any loans if these crisis-hit banks fail to do so...
Bank accounts with over Tk聽1cr rise to 1,18,784 in June
The number of bank accounts holding deposits exceeding Tk聽1 crore increased to 1,18,784 as of June, according to Bangladesh Bank data...
Nine banks survive on Tk聽18,165cr BB lifeline
Nine banks are currently operating with a combined negative current account balance of Tk 18,165 crore with the Bangladesh Bank, which means they are relying entirely on lifelines provided by the central bank to remain afloat...
Norway central bank sees no rate cut this year
Norway鈥檚 central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers...
Prime Bank signs agreement with Nippon Signal Bangladesh
Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has recently signed an agreement with Nippon Signal Bangladesh Private Ltd at the bank鈥檚 corporate office, says a press release.
TIUS, TIB urges US to help Bangladesh recover its stolen assets
Transparency International US and Transparency International Bangladesh have said the United States can show its genuine partnership by playing a proactive role in helping the people of Bangladesh recover the assets that rightly belong to them and that are so desperately needed to rebuild its future...
TIB, TI-US want US to freeze illegal assets of Bangladeshi citizens聽聽聽聽
Transparency International Bangladesh and Transparency International-US in a joint letter have asked the US government to freeze the money smuggled out from Bangladesh.
European stocks, dollar recover from US jobs disappointment
European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about the health of the US economy, but Asian equities declined further...
Combatting corruption
BANGLADESH stands at the crossroads of a national reckoning. Of many serious issues facing the nation, first and foremost is the dire need to combat corruption. According to a Transparency International Bangladesh survey report, citizens of Bangladesh perceive political parties (62 per cent ) and the parliament (40 per cent) as among the most corrupt...
UCB elects chairman, vice-chairman, EC chair and audit committee chief
Business leader and entrepreneur Sharif Zahir has been unanimously elected the chairman of United Commercial Bank PLC during the board meeting held on Thursday at the corporate office of UCB....
German inflation falls below 2pc for first time since 2021
German inflation fell to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month...
None to hold office of govt, party chiefs at a time: TIB
The Transparency International Bangladesh on Wednesday gave to the interim government a reform agenda containing a 55-point recommendation, including a provision that would bar an individual from serving as prime minister for more than two terms...
Aparup elected UCB chair
Aparup Chowdhury has been elected chairman of United Commercial Bank PLC during the bank鈥檚 board meeting held on Tuesday, said a press release...
