Iqbal re-elected NRB Bank chairman
Iqbal Ahmed has been re-elected chairman of NRB Bank PLC鈥檚 board of director, said a press release...
Tags : Bank
Meghna Bank signs corporate deal with Rangs
Meghna Bank PLC has signed a corporate agreement with Rangs Industries Limited, said a press release...
West Bank Palestinians in 鈥榚xtremely precarious鈥� situation
Doctors Without Borders denounced on Monday the 鈥榚xtremely precarious鈥� situation of Palestinians displaced by the on-going Israeli military operation in the occupied West Bank.
Islami Bank to auction S Alam subsidiary co
Islami Bank Bangladesh PLC has issued a notice to auction the assets of Infinity CR Strips Industries Limited, a subsidiary of S Alam Group, to recover outstanding loans...
Palestinians denounce Israeli recognition of new West Bank settlements
The Palestinian foreign ministry condemned on Sunday an Israeli decision to recognise more than a dozen new settlements in the occupied West Bank, upgrading existing neighbourhoods to independent settlement status.
Ahsan Khan elected Midland Bank chair
Ahsan Khan Chowdhury has been elected chairman of Midland Bank PLC, said a press release.
12 banks face provision shortfall of Tk 1 lakh cr
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...
NCC Bank observes Financial Literacy Week
NCC Bank celebrated Financial Literacy Week 2025 with the theme 鈥楾hink Before You Follow, Wise Money Tomorrow鈥�, which focused on integrating unbanked and marginalised people into the financial system...
Sonali Bank鈥檚 business confce held in Barishal
The general managers鈥� offices of Sonali Bank Barishal聽and Faridpur zones jointly arranged the Divisional Business Conference-2025 at a club in Barishl city on Saturday...
City Bank gets new heads of wholesale banking, corporate banking
City Bank has announced the appointment of Mesbaul Asif Siddiqui, DMD, as its new head of Wholesale Banking. Prior to this role, he served as the chief risk officer of the bank...
Russian central bank holds key rate at 20-yr high
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.
Dollar holdings in banks rise to $4.63b in February
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...
Prime Bank, DAM partner for charity
Prime Bank PLC has signed an agreement with Dhaka Ahsania Mission recently, said a press release...
Khurshed Alam joins NCC Bank as AMD
M Khurshed Alam has joined NCC Bank PLC as additional managing director on Wednesday, said a press release...
City Bank retains B2 rating by Moody鈥檚
City Bank has retained its issuer rating of B2 as per Moody鈥檚 Investors Service鈥檚 latest published credit opinion on the bank, said a press release...
Marginalised people鈥檚 bank deposits inch up
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...
BKB hosts lottery draw of remittance festival
Bangladesh Krishi Bank on Tuesday conducted lottery draw of the first phase of its 鈥楻emittance Festival 2025鈥� organised on the occasion of Eid-Ul Fitr, said a press release...
10 banks in Bangladesh hold Tk 2.57 lakh crore in default loans
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.
E-returns to be joined with banking system
National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...
Tanveer elected Meghna Bank vice-chair
Tanveer Ahmed has been elected vice-chairman of Meghna Bank PLC, said a press release...
Israel鈥檚 West Bank settlement policy a war crime: UN
Israel must evacuate all settlers from the West Bank and make reparations for decades of illegal settlement, the UN rights chief said on Tuesday, describing the policy as 鈥榓 war crime鈥�.
Govt borrowing from banks surges to Tk 86,000cr
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...
BB sets 27pc loan target for CMSMEs by 2029
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...
Financial literacy: towards inclusive growth
FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...
Court freezes Papon, family鈥檚 27 bank accounts
A Dhaka court on Sunday ordered to freeze 27 bank accounts of former Kishoreganj-6 lawmaker Nazmul Hassan Papon, his wife Roksana Hassan and other family members over graft allegations...
Govt should reduce inequality, improve business climate
A SHARP increase in the number of bank accounts having deposits exceeding Tk 1 crore in the last quarter of 2024 brings a number of issues and concerns to the fore. As Bangladesh Bank data show, the number of such accounts rose by 4,954 in the quarter, reaching 122,081 from 117,127 in September. While the rise indicates the restoration...
Uzma elected Meghna Bank chairperson
Uzma Chowdhury has been elected chairperson of Meghna Bank PLC, said a press release...
BRAC Bank adjusts Tk 74.43 lakh VAT without mandatory declaration: HC
The High Court has ruled that BRAC Bank Limited unlawfully adjusted Tk 74.43 lakh in Value Added Tax without declaring the mandatory input-output coefficient of raw materials in three income tax years.
Bank accounts with Tk 1cr surge by 5,000
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.
Bank deposit growth hits 8pc in January
Deposits in the country鈥檚 banking sector grew by more than 8 per cent in January, marking a rebound after four months of slower growth...