EBL files Tk 200cr defamation suit against client
Eastern Bank PLC has filed a defamation lawsuit against its client Md Murtoza Ali, seeking Tk 200 crore in compensation.
Tags : bank
City Bank inks deal with IDCOL for digital cash management solution
City Bank and Infrastructure Development Company Limited have recently signed an agreement at the latter鈥檚 head office in Dhaka, said a press release.
Court issues travel bans on 23 people, including ex- BB chief Atiur Rahman
A Dhaka court on Thursday issued travel bans on 23 people, including former Bangladesh Bank governor Atiur Rahman and former Janata bank chairman Abdul Barkat and former managing director Abdul Salam Azad in connection with a corruption case...
Banks in Bangladesh face Tk 1 lakh cr provision shortfall
The banking sector鈥檚 provision shortfall crossed Tk 1 lakh crore for the first time in December 2024, marking a staggering 337 per cent growth in just six months due to increased distressed assets in banks, especially in private commercial ones...
Prime Bank launches Sadaqah Jariyah account
Prime Bank PLC has launched 鈥楽adaqah Jariyah鈥� account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...
Central Shariah Board holds fiqh committee meeting
Central Shariah Board for Islamic Banks of Bangladesh held its 52 meeting of the fiqh committee...
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...
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...
AB Bank holds clients appreciation program
AB Bank PLC has recently organised a 鈥楥lients Appreciation鈥� program at all the branches...
$500m ADB loan likely for ailing banking sector
The Asian Development Bank is likely to provide $500 million budget support in May for improving assets聽 quality of the ailing 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.
Court orders freeze of Amu family鈥檚 44 bank accounts
A Dhaka court on Sunday ordered to freeze 44 bank accounts of former industries minister and veteran Awami League leader Amir Hossain Amu, his wife Saida Haque and daughter Sumaia Hossain over graft allegations...
Islami Bank clients demand return of founding directors
Islami Bank Grahak Forum (IBGF) on Sunday demanded that Islami Bank be returned to its founding directors to restore customer trust...
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.
ONE Bank opens sub-branch at KAFCO
ONE Bank formally inaugurated its 48th sub-branch at KAFCO Centre under Anowara branch on Thursday...
Nexus Sweater uses Payroll Banking of Southeast Bank
Southeast Bank PLC has signed a memorandum of understanding recently with NEXUS Group for providing workers鈥� wages and other banking services...
Primeacademia services for Prime College of Nursing
Prime Bank PLC and Prime College of Nursing, Dhaka, signed an agreement through which students, teachers, guardians and staff of Prime College will get seamless banking services under its specialised segment `primeacademia鈥�...
BRAC Bank partners with ShareTrip
BRAC Bank has partnered with ShareTrip, a travel and lifestyle company, to provide exclusive benefits to its premium banking senior customers...
Mercantile Bank鈥檚 Town Hall Meeting held at Sylhet
Mercantile Bank PLC held Town Hall Meeting at Grand Sylhet Hotel and Resort on Friday...
Exim Bank holds shari鈥檃h supervisory committee meeting
Exim Bank held its 130th shari鈥檃h supervisory committee meeting on February 27 at the boardroom of its head office in the capital Dhaka...
SIBL donates Tk 36 Lakh to Dhaka University for scholarships
Social Islami Bank PLC has donated Tk 36 lakh to Dhaka University to support scholarships for underprivileged students with special needs...
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...
Anis becomes GM of Janata Bank
Mohammad Anis has been promoted to general manager of Janata Bank PLC鈥檚 IT, overseas and MIS division, said a press release...
Israel鈥檚 annexation drive
IT HAS the feeling of a ghastly ending, one pushed along by desperation and eagerness. First, levelling Gaza and turning it to an uninhabitable moonscape, with the promise of a territory free of Palestinians. Then, displacing and destroying the already precarious holdings of Palestinian residents in the West Bank, all the time subjecting them to curfews, arrests and...
Guarding against data breach
THE cyberspace of Bangladesh has made the headlines for breaches on many occasions since the reserve theft of the Bangladesh Bank. The recent one took place in late October 2024 when user data of 5,000 people were leaked from web site that sold tickets for an Atif Aslam concert in Dhaka. All this shows that we have a long way to go to protect our digital landscape...
Uncovering, recovering default loans should go together
This is welcome that the central bank has adopted international loan classification standards and changed classification policies to get the actual picture of default loans. But a lack of measures to recover defaulted loans is worrying. The central bank has reduced the timeframe to classify loans as defaulted from the previous 270 days to 180 days. Since the adoption...
Default loans hit record Tk 3.45 lakh crore
The volume of non-performing loans in the country鈥檚 banking sector has skyrocketed by Tk聽2 lakh crore in just one year, reaching a staggering Tk聽3.45 lakh crore at the end of December 2024...
BB sets hours for BACH, RTGS during Ramadan
The Bangladesh Bank has announced a new operational timing for the transactions under Bangladesh Automated Clearing House and Real-Time Gross Settlement for the holy month of Ramadan...
BRAC Bank wins Qorus Reinvention Award
BRAC Bank has been honoured with Qorus Reinvention Award 2025 for its innovation in expanding access to finance and markets through digitalisation, focusing on women and marginalised communities, said a press release...
SEB hosts workshop on export transaction reporting
Southeast Bank PLC has recently organised a training workshop titled 鈥業mportance of timely and errorless reporting of Export transactions in Online Export Monitoring System鈥� for representatives of its exporter clients, said a press release...