BB Suspends Currency Swap to Initiate Interbank Dollar Transactions
The central bank of Bangladesh has ceased currency swaps, where surplus dollars from depositing banks initiate interbank dollar transactions. Banks…
Banks Now Authorized to Determine Lending Rates
Bangladesh Bank has terminated the SMART lending rate mechanism, granting individual banks the authority to set their lending rates based…
Banks Now Authorized to Determine Lending Rates
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IMF Urges More Banking Reforms and Subsidy Reductions
The IMF concluded its 15-day visit to Dhaka, emphasizing further banking sector and tax reforms to stimulate economic recovery in…
IMF Urges More Banking Reforms and Subsidy Reductions
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Dhaka Bank and VISA Introduce Debit Card for WeGro’s Farmers
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Dhaka Bank and VISA Introduce Debit Card for WeGro’s Farmers
Dhaka Bank and VISA have introduced a co-branded debit card for WeGro Technologies’ farmers, in collaboration with the Swiss Agency…
Exim Bank and Popular Life Insurance Inks Bancassurance Deal
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Exim Bank and Popular Life Insurance Inks Bancassurance Deal
Exim Bank Limited and Popular Life Insurance Limited have entered into a Bancassurance agreement, allowing Exim Bank to offer Popular…
EBL Connect Receives Digital CX Award
EBL Connect, the corporate online banking platform of Eastern Bank PLC, received the ‘Outstanding Digital CX – Cash Management Platform…