The 10th Extra-Ordinary General Meeting (EGM) of Bank Asia was held at its Corporate Office in the capital on Sunday.

World markets tumbled Monday as Greece shut its banks and imposed capital controls to halt a panic-driven run on ATMs, a day before Athens risked defaulting and possibly crashing out of the euro.

Banks have been puzzled by a central bank directive that asked them to incentivise good borrowers with a 10 percent rebate on the interest against their loan accounts.

Mufti Sayed Ahmad, Vice-Chairman of Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited and Mufti of Al Jamiatus Siddikiah Darul Ulum, presides over a meeting of the committee at Islami Bank Tower in Dhaka on Sunday.

Habibur Rahman, Deputy Managing Director of Prime Bank Limited, and Amer Ahmed,

Md Sirajul Islam Varosha, Chairman of Jamuna Bank Limited, hands over a prize to a winner of a Qirat competition in the city recently.

City Bank Limited approved 15 percent cash and 5 percent stock dividend for its shareholders.

State banks continue to top the default charts, with one bank even having 57 percent of its outstanding loans as bad loans, according to the data disclosed by Finance Minister AMA Muhith in parliament yesterday.

Bangladesh and the Asian Development Bank (ADB) today signed agreements for $505 million in loans to further improve the country’s railway services that will help the national economy and boost sub-regional trade.

The head of the European Bank for Reconstruction and Development (EBRD) said on Saturday his institution hoped to have its first joint projects with the new $100 billion China-led Asian Infrastructure Investment Bank (AIIB) in place by next year.