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.

Applications for IPO through merchant banks, brokers mandatory from April 1

Posted by BankInfo on Wed, Jan 28 2015 10:40 am
The securities regulator has made the submission of application for IPO (initial public offering) shares through merchant banks and brokerage firms mandatory from April 1 this year instead of applying through banks.

Prawn, milk production to get priority in EEF loan State-owned banks, ICB to extend loan facilities

Posted by BankInfo on Wed, Jan 28 2015 10:14 am
It has also decided to increase loan facility from state-owned commercial and specialised banks for the two sectors to boost their production, they added.

Social Islami Bank Limited (SIBL) and Fareast Islami Life Insurance Company Limited

Posted by BankInfo on Tue, Jan 27 2015 01:29 pm
Social Islami Bank Limited (SIBL) and Fareast Islami Life Insurance Company Limited have recently signed an agreement regarding group term life insurance.

Bangladesh Bank (BB) and Mercantile Bank Ltd signed an agreement

Posted by BankInfo on Tue, Jan 27 2015 01:13 pm
Bangladesh Bank (BB) and Mercantile Bank Ltd signed an agreement at the BB head office to finance agro-based industries in rural areas under the BB's refinance scheme.

Janata asked to whittle down troubled loans

Posted by BankInfo on Mon, Jan 26 2015 01:31 pm
State Minister for Finance MA Mannan Sunday advised the state-owned Janata Bank to redouble efforts to reduce bad loans to a 'justifiable' level.

DBBL gets ‘ICMAB Best Corporate Award-2014′

Posted by BankInfo on Mon, Jan 26 2015 01:18 pm
Dutch-Bangla Bank Limited has achieved 1st position of ‘ICMAB Best Corporate Award-2014′ in the Private Commercial Banks (Traditional Operation) category,

MTB Privilege Customers to enjoy Health Care Facilities from Apollo Hospitals

Posted by BankInfo on Mon, Jan 26 2015 01:12 pm
Trust Bank Limited (MTB) recently signed an agreement with Apollo Hospitals Dhaka. Under this agreement,

MTB Annual Business Conference 2015 held

Posted by BankInfo on Mon, Jan 26 2015 12:58 pm
Mutual Trust Bank Ltd. (MTB) held its Annual Business Conference 2015 (MTB ABC 2015) on Saturday at a local hotel in Dhaka, reports in a press release.

WB pours $400m more fund

Posted by BankInfo on Mon, Jan 26 2015 11:08 am
The World Bank is pumping $400 million of additional funds into the ongoing Third Primary Education Development Program (PEDP3) to help ensure quality learning and completion of rudimentary schooling for 19.5 million children.

Janata Bank improves bad debt recovery

Posted by BankInfo on Mon, Jan 26 2015 10:43 am
Janata Bank's default loans decreased 0.77 percentage points due to better recovery. The bank's defaults were Tk 3,306 crore or 10.34 percent of its total loans in December 2014,
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