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.
BB relaxes banks' provisioning rules for mutual funds
Posted by on Fri, Mar 13 2015 11:01 am
The central bank has relaxed the provisioning requirements for banks against their investment in mutual funds in light of the deteriorating situation of the capital market.
StanChart, Unique Hotel ink deal
Posted by on Thu, Mar 12 2015 12:46 pm
Standard Chartered Bank and Unique Hotel & Resorts Limited (owner of The Westin Dhaka) signed an agreement recently to fund UHRL's ongoing expansion programmes into the hotel sector, said a statement.
FSIB restricted to offer cash dividend
Posted by on Thu, Mar 12 2015 12:14 pm
Bangladesh Bank (BB) has asked the First Security Islami Bank (FSIB) not to offer cash dividend for the year 2014 because of its provision shortfall.
BB chief bemoans as BASIC’s sacked top brass still at large
Posted by on Thu, Mar 12 2015 12:04 pm
Bangladesh Bank Governor Atiur Rahman has expressed dissatisfaction as BASIC Bank’s sacked top officials have not been arrested yet despite allegations of huge anomalies.
EBL, Novoair launch easy package for Cox's Bazar trip
Posted by on Thu, Mar 12 2015 10:20 am
Eastern Bank has teamed up with Novoair to offer the bank's
BB to put cap on debit card annual fee
Posted by on Wed, Mar 11 2015 03:12 pm
Bangladesh Bank is going to put a cap on annual fee of debit cards offered by scheduled banks as some of them impose excess charge on their clients for using the product.
Mercantile Bank inks deal with NEC Money, Spain
Posted by on Wed, Mar 11 2015 11:57 am
Mercantile Bank Limited has recently signed an agreement with NEC Money, Spain, one of the most reputed money transfer companies in Europe.
First Security Islami Bank Limited (FSIBL)
Posted by on Tue, Mar 10 2015 12:51 pm
Head of Marketing & Development Division of First Security Islami Bank Limited (FSIBL).
Banks' idle money not too large: BB
Posted by on Tue, Mar 10 2015 11:11 am
The banking sector is left with only Tk 3,364 crore of idle money, not Tk 90,000 crore as reported in the media, Bangladesh Bank said yesterday.
European banks' profitability gap shows big cost cuts needed
Posted by on Tue, Mar 10 2015 11:06 am
Europe's banks need to cut costs by a fifth and simultaneously grow revenues by 15 percent just to get their profitability to match their cost of capital, a study said on Monday.