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BASIC Bank`s ex-DGM sued

Posted by BankInfo on Wed, Apr 26 2017 11:35 am
The Anti-Corruption Commission (ACC) on Tuesday filed a case against former Deputy General Manager of BASIC Bank Shiper Ahmed on charge of amassing illegal wealth worth Tk 1.40 crore.

ADB’s annual financing crosses $30b

Posted by BankInfo on Wed, Apr 26 2017 10:53 am
The volume of the annual operation of the Asian Development Bank’s (ADB) crossed $30 billion mark in the last year.

Banking sector still well capitalised, despite downgrades - analyst

Posted by BankInfo on Tue, Apr 25 2017 02:49 pm
Cape Town – Most of the local and foreign investors seem to have lowered their expectations for a sovereign credit ratings downgrade as is evident in the rand strength and South Africa’s 10-year bond yields close to 8.2%, said Nkareng Mpobane, fund manager at Ashburton Investments in a company no...

Sovereign wealth fund, taka bond plans scrapped: Muhith

Posted by BankInfo on Tue, Apr 25 2017 11:53 am
In February this year, the cabinet gave the go-ahead for the setting up of the fund with money from the record foreign currency reserves,

UCB inks deal with Lycamoney Financial Services

Posted by BankInfo on Tue, Apr 25 2017 10:05 am
This is an agreement for business alliance to offer convenient services for the customers including migrant workers in Europe, UK and USA, said a press release.
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