News

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.

Excise duty on bank deposits, air tickets hiked

Posted by BankInfo on Wed, Jun 10 2015 05:55 pm
The government has increased excise duty on domestic and international air ticket prices and deposits in banks and financial institutions by up to 67 per cent for the next fiscal year.

WB ready with $1b funding for Bangladesh, India, Nepal, Bhutan connectivity projects

Posted by BankInfo on Wed, Jun 10 2015 01:03 pm
The World Bank could lend more than $1 billion to implement a number of regional connectivity projects for boosting trade and investment among Bangladesh, India, Nepal and Bhutan.

NCC Bank gets new DMD

Posted by BankInfo on Wed, Jun 10 2015 10:38 am
Abu Zafore Md Saleh has recently been promoted to deputy managing director of NCC Bank.

BDBL Managing Director Dr Md Zillur Rahman handed over blankets to the Nepalese Ambassador in Dhaka

Posted by BankInfo on Tue, Jun 09 2015 12:05 pm
BDBL Managing Director Dr Md Zillur Rahman handed over blankets to the Nepalese Ambassador in Dhaka Hari Kumar Srestha for the earthquake affected people recently at a function held in the city.

Meghna Bank Limited

Posted by BankInfo on Tue, Jun 09 2015 11:53 am
Md. Mohashin Miah, additional managing director of Meghna Bank Limited,

HSBC to cut 20,000 jobs globally

Posted by BankInfo on Tue, Jun 09 2015 11:37 am
HSBC, Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business. That accounts for more than seven percent of its 266,000 jobs globally. About 8,000 of those cuts will happen in the UK. The bank will also sell businesses ...

WB okays $476m for two projects

Posted by BankInfo on Tue, Jun 09 2015 11:09 am
The World Bank on Friday (June 5, 2015) approved a total of $476 million for two projects in Bangladesh to develop a strong financial sector and to improve agricultural productivity for one million poor farmers.

Market Disclosures

Posted by BankInfo on Tue, Jun 09 2015 10:53 am
The bank has informed that the 30th AGM of the bank will now be held on June 24, 2015 at 10:30am instead of 11:30am. Other information of the AGM will remain same.

Summit receives $210m fund support

Posted by BankInfo on Thu, Jun 04 2015 02:03 pm
Asian Development Bank, International Finance Corporation, and Islamic Development Bank signed loan documents on Tuesday to provide $210 million financing to Summit Bibiyana II Power Company Limited (SBIIPCL),

Corporate tax for banks to be lowered at last

Posted by BankInfo on Wed, Jun 03 2015 10:40 am
The government is likely to reduce the corporate tax for financial institutions, even though the move would lead to revenue losses of about Tk 1,000 crore.
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