Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.
Posted by Mon, Dec 02 2013 12:28 pmon
Bangladesh Bank has re-fixed minimum period for term-deposits to financial institutions at three months. Previously, the minimum period for the deposits was six months. The re-fixing comes to prevent funding crisis in the financial institutions, said a Bangladesh Bank circular issued on Sunday.
Posted by Mon, Dec 02 2013 12:22 pmon
Jamuna Bank plans to issue subordinated debt bonds worth Tk2bn to strengthen its capital base, which aligns with the regulatory requirement. Subordinated debt is a hybrid (debt and equity) financial instrument which is treated as a component of capital.
Posted by Mon, Dec 02 2013 12:19 pmon
When many business houses in Bangladesh have a tendency not to repay bank loans on time, Standard Group stands out. And banks will continue supporting this trusted client. “The Group is a wonderful client. We are ready to support their business,” said Ehsan Khasru, managing director of Prime Bank.
Posted by Mon, Dec 02 2013 12:17 pmon
BRAC Bank Limited recently distributed warm clothes to more than 26,000 poor people in the northern region of the country. Country’s northern region is hit hard by severe cold spell every winter. People of the area became highly happy for receiving warm clothes well ahead of the winter season. M...
Posted by Mon, Dec 02 2013 12:15 pmon
IFIC Bank Limited organised a workshop on "Green Banking" for the bank’s officials at the bank’s Training Institute on Sunday. Muhammad Mustafa Haikal Hashmi, Deputy Managing Director and CRO of the bank inaugurated the programme, said a press release.
Posted by Mon, Dec 02 2013 12:14 pmon
Dutch-Bangla Bank Limited (DBBL) and United International University (UIU) signed an agreement on e-Payment in Dhaka on Sunday.
Posted by Mon, Dec 02 2013 12:12 pmon
The Extraordinary General Meeting (EGM) of City Bank was held at Cox’s Bazar recently. Rubel Aziz, Chairman of the bank presided over the meeting, said a press release. regulators.
Posted by Mon, Dec 02 2013 12:10 pmon
Mercantile Bank Limited (MBL) signed an agreement with Grameenphone Limited recently. Under the agreement, Mercantile Bank will provide Mobile Banking Services ‘MYCASH’ to its customers via Grameenphone’s MobiCash distribution network, said a press release on Sunday.
Posted by Sun, Dec 01 2013 01:35 pmon
Farman R Chowdhury Sunday joined Shahjalal Islami Bank Limited (SJIBL) as Managing Director (MD) and CEO.
Posted by Sat, Nov 30 2013 11:19 amon
Banks will be open throughout the country on Saturday to facilitate the nomination filing process for the upcoming national elections.