World Bank reiterates support for Bangladesh interim govt
World Bank managing director Anna Bjerde on Thursday reiterated the global lender鈥檚 support to the interim government for rebuilding of Bangladesh.
Tags : bank
Hundreds leave Jenin as Israel presses raid
A Palestinian official said hundreds of people began leaving their homes in a flashpoint area of the occupied West Bank on Thursday as Israeli forces pressed a deadly operation.
Banks asked to adopt predictive loan loss provisioning by 2027
The Bangladesh Bank has decided to adopt a forward-looking approach to provisioning for loan losses, requiring banks to set aside money for potential losses before loans become overdue or default...
IDLC Islamic launched
IDLC Finance PLC has launched launch Shariah-compliant financing window titled IDLC Islamic, said a press release...
Salman, Beximco should face justice for financial crimes
THE true extent of financial crimes and malpractice of the Beximco Group, controlled by the ousted prime minister Sheikh Hasina鈥檚 private industry and investment adviser Salman F Rahman, appear to have not been uncovered yet. Fresh investigations after the fall of the Awami League government in August 2024 in a mass uprising have showed some of the...
Tk 1,200 crore bonds of DBBL okayed
The Bangladesh Securities and Exchange Commission has approved Dutch-Bangla Bank PLC鈥檚 proposal to issue subordinated bonds worth Tk 1,200 crore...
BB resets sukuk allocation quotas
The Bangladesh Bank has reset quotas for allocating sukuk among Shariah-based banks, financial institutions, insurance companies and individual investors...
PBPLC opens Islamic banking corner at Khamarbari branch
Pubali Bank PLC on Wednesday inaugurated Islamic banking corner at its Khamarbari branch in the capital Dhaka, said a press release...
9 DGMs of Rupali Bank made GMs
Nine deputy general managers of Rupali Bank have been promoted to the post of general manager recently. Of them, four have joined Rupali Bank and five have joined other banks...
MBL holds money laundering prevention training
Mercantile Bank Training Institute has organised a daylong workshop on 鈥楶revention of money laundering and combating financing against terrorism鈥� at its premises recently, said a press release...
BRAC Bank to provide EB services to Bastob
BRAC Bank has partnered with Bastob to provide the latter with exclusive employee banking, or EB, services, said a press release...
Court orders seizure of Nafeez Sarafat鈥檚 properties in Dubai
A Dhaka court has ordered the seizure of a flat and a villa in Dubai belonging to former Padma Bank chairman Chowdhury Nafeez Sarafat.
S Alam Group financial crimes, aides shouldn鈥檛 go unpunished
THE shocking extent of financial crimes of the S Alam Group is evident in the recent disclosure of the amount of loans that the group has taken out from 10 banks and a non-bank financial institution. The Financial Intelligence Unit reveals that the group had taken a staggering Tk 2.25 lakh crore, or $16.6 billion, from these institutions. About 44 per cent, or...
Islami Bank holds business dev conference
Two-day business development conference of Islami Bank Bangladesh PLC concluded on Sunday, said a press release...
JAJ Bhuiyan lifts Tk 1,210cr thru little-known Jakia group
JAJ Bhuiyan Group withdrew Tk 1,210 crore through the little-known Jakia Group, alongside its Tk 1,090 crore loans from Agrani Bank, to bypass the Bangladesh Bank鈥檚 single borrower exposure limit...
BB extends import bill payment period to 360 days
The Bangladesh Bank has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days...
Sonali Bank, AB Bank sign deal for fee collection
Sonali Bank PLC on Monday signed an agreement with AB Bank PLC to collect challan, utility bill, pension scheme instalments and others charges-fees from AB Bank Inter Banking (AB Direct) customers through Sonali Payment Gateway, said a press release...
ONE Bank arranges strategy meet
ONE Bank has arranged Strategy Meet鈥�2025 to share strategies formulated to take the bank to a higher plateau through strengthened corporate centralisation and branch distribution module with the senior RMs, RMs, ARMs and executives of the bank...
Bank Asia rolls out two services
Bank Asia PLC on Saturday launched two services titled 鈥榃et Market Collection鈥� and 鈥楧ata Analytics,鈥� said a press release...
Rebranded MTB Neo launched
Mutual Trust Bank PLC on Sunday announced the name of its rebranded internet banking platform, now called MTB Neo, said a press release...
IFAD to sell bikes to Pubali Bank clients on installment
Pubali Bank PLC and IFAD Motors Ltd recently signed an agreement on providing installment facility to the bank鈥檚 credit cardholders to buy motorcycles...
SIBL鈥檚 Safa Bondar branch holds client get-together
Safa Bondar Branch of Social Islami Bank PLC organised a client get-together on Saturday, said a press release...
Maksudur becomes SBAC Bank audit committee chair
Md Maksudur Rahman Sarker has been appointed as chairman of SBAC Bank PLC鈥檚 board audit committee, said a press release...
WB calls for forensic audit of 4 state banks in Bangladesh, FID reluctant
The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Economic activities may slow down amid reforms: BB
Economic activities in Bangladesh may face short-term challenges as the government moves forward with large-scale economic reforms aimed at long-term benefits, according to a recent report from Bangladesh Bank...
Karmasangsthan Bank鈥檚 default loan decreases
Karmasangsthan Bank鈥檚 NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...
Bangladesh receives $1.21b in remittance in 18 days
Expatriate Bangladeshis sent over US$1.21 billion in remittance during the first 18 days of January in the 2024-25 fiscal year...
BB alerts about using its logo
Bangladesh Bank (BB) has alerted all in case of using its logo elsewhere for avoiding any kind of forgery...
AB Bank unveils operation manual
AB Bank PLC unveiled the revised 鈥極perations Manual鈥� at AB Bank鈥檚 head office in the capital Dhaka on January 19, according to a press release...
NCC Bank distributes agricultural materials, machinery in Noakhali
National Credit and Commerce Bank PLC has distributed tree agricultural materials and machinery free of cost among 500 flood-affected and marginal farmers of Maijdee and Chowmuhani in Noakhali under special CSR in the agricultural sector...