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.
Banks' deposits fall as savers rush to savings tools
Posted by on Mon, Feb 23 2015 11:19 am
Deposits at banks dipped 1.07 percent in January from a month ago as savers rush to government savings schemes that offer higher interest rates compared to the banking system.
New banks go for risky lending
Posted by on Mon, Feb 23 2015 10:33 am
New banks are lending out heavily -- 70 to 80 percent of their total loans -- to corporate clients instead of small and medium enterprises and retail consumers, insiders and analysts said.
ONE Bank Limited
Posted by on Thu, Feb 19 2015 12:47 pm
ONE Bank Limited signed a memorandum of understanding (MoU) with Grand Sultan Tea Resort & Golf Resort,
Mercantile Bank Limited
Posted by on Thu, Feb 19 2015 12:22 pm
Mercantile Bank Limited has recently commenced Xpress Money Remittance Service at all the branch outlets of NRB Commercial Bank Ltd
Atiur for more SME financing by banks
Posted by on Thu, Feb 19 2015 11:26 am
Bangladesh Bank Governor Atiur Rahman has strongly advocated more lending to small and medium enterprises (SMEs) by commercial banks for promoting inclusive growth.
Swiss raid HSBC in money laundering probe
Posted by on Thu, Feb 19 2015 10:27 am
Swiss authorities yesterday raided the offices of British banking giant HSBC's Swiss unit as part of a money laundering probe into the bank that has been accused of helping clients to dodge millions of dollars in taxes.
Social Islami bank Limited (SIBL)
Posted by on Wed, Feb 18 2015 11:51 am
Social Islami bank Limited (SIBL) has inaugurated a campaign on rewarding good jobs at its Principal Branch.
Lack of investment-friendly environment Bankers fear fall in pvt sector credit growth
Posted by on Wed, Feb 18 2015 11:43 am
The rising trend in private sector credit growth continued until December last but bankers feared a declining trend in the next months due to the ongoing political turmoil.
BB to assess loss caused by political violence
Posted by on Wed, Feb 18 2015 11:31 am
Bangladesh Bank (BB) will assess the loss to the political violence during the ongoing countrywide blockade and recurring hartals, a central bank official told BSS yesterday, reports BSS.
10 Basic Bank officials sacked
Posted by on Wed, Feb 18 2015 10:52 am
Ten officials including three senior executives of Basic Bank were sacked on Tuesday for submitting fake certificates during their appointment.