UCB Forces Resignation of 40 Officials
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UCB Forces Resignation of 40 Officials
United Commercial Bank (UCB) has compelled 40 officials, including senior executives, to resign due to alleged irregularities. The bank’s management…
17.31% Increase in Women Accessing Loans via Agent Banks
According to Bangladesh Bank, the number of women using agent banks for deposits and loans increased by 16.58% and 17.31%…
17.31% Increase in Women Accessing Loans via Agent Banks
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BRAC Bank Recognizes Tech Team for IT Infrastructure Support
BRAC Bank held a ceremony to honor its technology team for their efforts in strengthening the bank’s IT infrastructure, vital…
BRAC Bank Recognizes Tech Team for IT Infrastructure Support
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Banks Opt for Swaps Over Spot Market Under Peg Restrictions
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Banks Opt for Swaps Over Spot Market Under Peg Restrictions
Commercial banks in Bangladesh are shifting to interbank swaps and dollar-euro trades, bypassing the spot market due to the crawling-peg…
Money Laundering Hits $15B Annually During AL Rule
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Money Laundering Hits $15B Annually During AL Rule
Transparency International Bangladesh (TIB) Executive Director Iftekharuzzaman alleged that Bangladesh Bank and the Bangladesh Financial Intelligence Unit (BFIU) facilitated financial…