Islami Bank Bangladesh Limited donated Tk. 10 million to Prime Minister’s Relief Fund to help and rehabilitate the flood and river erosion affected people of the country.

The central Bank yesterday approved $ 125.05 million foreign loan and supplier’s credit for 7 projects. The approval came from the 89th meeting of the Scrutiny Committee for approval of foreign loan / supplier’s credit held at Bangladesh Bank.

EXIM Bank will issue Mudara subordinated bond worth Tk 250 crore to boost its capital base as a proposal in this regard has got approval.

Mutual Trust Bank Limited (MTBL) signed an agreement with Shurjomukhi for online merchant payment service through MTB’s Internet Banking at the bank’s corporate head office at Gulshan in Dhaka recently.

“The Bank of Korea probably shares many of our views regarding the Korean economy,” Choi, 59, said in an interview on Saturday in Cairns, Australia where he is attending a meeting of finance and central bank chiefs from Group of 20 economies.

Md. Liakat Ali Chowdhury has been elected as Director of the Board of Al-Arafah Islami Bank Ltd.

Bangladesh Bank has decided to form a refinancing scheme for Sharia-based banks and other financial institutions to provide agro-processors, small enterprises, renewable energy and environment-friendly initiatives with funds.

Like as BASIC Bank, other state-owned banks, especially Sonali Bank should also decide to slash salaries of their top officials to ease financial trouble in the scam-hit sector, said a high government official.

Mahtab Uddin Ahmed, Chief Operating Officer of Robi Axiata Limited, and Dr Mohammed Haider Ali Miah, Managing Director of Exim Bank,

LONDON: Russia’s economy will contract next year as a result of the crisis with Ukraine, the EBRD development bank forecast on Thursday after slashing its prediction for growth.