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.
Midland Bank brings new deposit products, credit card
Posted by on Fri, Feb 27 2015 10:48 am
Midland Bank yesterday came up with five new deposit products along with Visa branded credit card.
Banks' profits drop on bad loans
Posted by on Fri, Feb 27 2015 10:30 am
The banking sector's net profit dropped around 17 percent year-on-year in 2014 to Tk 5,993 crore on the back of mounting bad loans which necessitated large provisioning.
WB supports to reach $2.7b by year-end: Muhith
Posted by on Wed, Feb 25 2015 11:33 am
Bangladesh is remaining one of the major recipients of financial assistance from the World Bank (WB), with obtaining a total lending commitment of $2.7 billion dollars by the end of 2015,
BB issues policies for rescheduling farm loans
Posted by on Wed, Feb 25 2015 10:57 am
Bangladesh Bank has issued a set of policies for rescheduling agriculture loans,
MTB arranges Commercial Paper for Bengal Plastic
Posted by on Tue, Feb 24 2015 05:44 pm
The closing ceremony of secured Commercial Paper (CP) of BDT 500 million, arranged by Mutual Trust Bank Limited (MTB) and issued by Bengal Plastics Ltd.,
UCBL recommends 30pc, Prime Ins 15pc dividend
Posted by on Tue, Feb 24 2015 01:43 pm
The Board of Directors of United Commercial Bank Limited (UCBL) and Prime Insurance have recommended 30 per cent and 15 per cent dividend respectively for their shareholders for the year ended on December 31, 2014.
Abdul Halim Chowdhury made MD of Pubali Bank
Posted by on Tue, Feb 24 2015 01:32 pm
Md Abdul Halim Chowdhury has been appointed as Managing Director of Pubali Bank Limited. Earlier
Banks’ capital base improves
Posted by on Mon, Feb 23 2015 01:56 pm
Capital Adequacy Ratio (CAR), a percentage of a bank’s risk weighted credit exposure, has improved in the October-December quarter of last year thanks to the reduced default loan burden.
HSBC confirms its chief holds Swiss bank account
Posted by on Mon, Feb 23 2015 12:48 pm
HSBC has confirmed that its chief executive Stuart Gulliver uses a Swiss bank account to hold his bonuses.
Below 6pc growth not conducive to investment: Bankers
Posted by on Mon, Feb 23 2015 12:30 pm
Bankers at a workshop on monetary policy yesterday said that if the GDP growth rate comes below 6 per cent, it will have psychological effect on the investors and will work as barrier to new investment in the country,