Bank
Premier Bank signs agreement with HAAB to deposit Hajj related fees
Premier Bank and the Hajj Agencies Association of Bangladesh (HAAB) recently struck an agreement under which HAAB members would...
Internet banking transaction rose by 123% in March from 2021
According to the Bangladesh Bank's latest numbers, internet banking is becoming increasingly popular, with transactions more than doubling since...
Central bank is not scrapping red Tk1,000 notes
The Bangladesh Bank refuted reports that red-colored Tk1,000 notes might be phased out as "rumours" on Wednesday. The central...
Excess liquidity below Tk 2 lakh crore
After a year, excess liquidity in Bangladesh's banking system fell below Tk2 lakh crore, owing to weak deposit growth...
Zakir is named DMD of NCC Bank
According to a news statement, Md Zakir Anam was recently promoted to deputy managing director of NCC Bank Limited.Prior...
Reza Ahmad has been named CIO of IDLC
IDLC Finance Limited's chief investment officer (CIO) and IDLC Investments Limited's lead director, Reza Ahmad, has been appointed.Reza Ahmad...
Midland Bank filed for an IPO for Tk70 crore
Midland Bank Ltd, a new generation private sector commercial bank, recently applied to the Bangladesh Securities and Exchange Commission...
New LCs worth USD 68.36B in July-March of FY’22, BB struggles to meet dollar demand
Traders opened LCs (letters of credit) for USD 68.36 billion in the first nine months of FY'22 (July-March), up...
BB increases the LC import margin by a range of 50pc to 70pc
To avoid further strain on the foreign exchange reserve, the central bank raised the letter of credit (LC) margin...
Bangladesh Bank tightens regulation regarding luxury imports
Faced with dwindling foreign exchange reserves, the Bangladesh Bank advised banks Wednesday to accept up to 75 per cent...
EBL and Ananta Real Estate signs MoU
Eastern Bank Ltd (EBL) has signed a Memorandum of Understanding (MOU) with Ananta Real Estate Ltd to provide home...
ACC is suing 15 for stealing Tk 400 million from UCBL
On Tuesday, the Anti-Corruption Commission (ACC) filed two separate complaints against 15 people, including three government contractors, for their...
A Rouf Chowdhury was re-elected as chairman of Bank Asia
At the Bank Asia's 473rd Board of Directors meeting, Rouf Chowdhury was re-elected as Chairman. According to a statement,...
Taka losing more value as global exchange market volatility persists
The US dollar is strengthening. The Bangladeshi taka, like other major and minor currencies throughout the world, appears destined...
Bangladesh Bank having difficulty meeting dollar demand
In the aftermath of the pandemic, the Bangladesh Bank is straining to meet rising demand for the US dollar.The...
