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.
Kabir made Sonali Bank Chairman
Posted by on Wed, May 06 2015 02:27 pm
Fazle Kabir on Tuesday joined Sonali Bank Limited as Chairman of the Board of Directors of the bank.
ADB vows reforms to stay relevant
Posted by on Wed, May 06 2015 02:14 pm
The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
World Bank's pension investments clash with principles
Posted by on Tue, May 05 2015 10:34 am
In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's equity holdings are actively or passively invested against equity index funds,
Banks join hands with ADB for infrastructure funds
Posted by on Tue, May 05 2015 10:26 am
The Asian Development Bank has signed an agreement with eight global banks to work together to advise governments on public-private partnership,
IFIC Bank observes Earth Day
Posted by on Tue, May 05 2015 10:12 am
IFIC Bank has recently organised a green event named “Green Generation Next” at Dhaka Residential Model College in the city, marking the Earth Day.
Janata Bank waives loan interest violating rules
Posted by on Mon, May 04 2015 04:12 pm
Janata Bank has waived interest of more than Tk30 crore in the last two years against some loans, violating the interest waiver rules.
Banks to require BB nod to issue prepaid card
Posted by on Mon, May 04 2015 02:40 pm
Bangladesh Bank is going to make it mandatory for scheduled banks to take prior approval from the BB while issuing prepaid card in a bid to bring financial discipline in the banking sector,
BSNL targets Rs 500cr revenue by utilising land bank in FY16
Posted by on Mon, May 04 2015 11:19 am
State-run BSNL is targeting a revenue of Rs 500 crore in the current financial year by utilising its land bank and monetisation of 75,000 towers, among others.
Governor vows to promote banking for poor
Posted by on Mon, May 04 2015 11:03 am
Bangladesh Bank (BB) Governor Dr Atiur Rahman pledged to promote banking services with the major objective of boosting the ongoing financial services so the poor segment of the society gets the most benefit out of it,
Banks make good cash recovery against bad loans
Posted by on Mon, May 04 2015 10:09 am
Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.