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.
Germany sues Swiss bank over vanished East German cash
Posted by on Sun, Aug 24 2014 11:50 am
AFP, Geneva: Berlin is suing one of Switzerland’s largest banks in its bid to recuperate hundreds of millions of euros that went missing during the reunification of East and West Germany,
Atiur: Discipline restores in banking
Posted by on Sun, Aug 24 2014 10:41 am
Bangladesh Bank Governor Atiur Rahman categorically said yesterday that discipline has been restored in the country's banking sector as he outright turned down the allegations of having indiscipline and disorder in the sector.
Rupali Bank signs deal with BB on Tk 200 crore refinancing scheme
Posted by on Sun, Aug 24 2014 10:08 am
Rupali Bank Limited signed an agreement with the Bangladesh Bank on Tk 200 crore refinancing scheme for ensuring financial inclusion of ten taka account holders.
IBBL holds business development confce in Mymensingh
Posted by on Sun, Aug 24 2014 09:52 am
The two-day-long Business Development Conference of Islami Bank Bangladesh Limited for Mymensingh zone concluded on Saturday.
HSBC boss makes ‘capital flight’ claim
Posted by on Sat, Aug 23 2014 11:25 am
Uncertainty over an independent Scotland’s currency could lead to “capital flight” from the country, the chairman of HSBC has claimed.
BB awards two economists posthumously
Posted by on Sat, Aug 23 2014 10:51 am
Prof Muzaffer Ahmad and Swadesh Ranjan Bose were posthumously given Bangladesh Bank Award 2013 yesterday for their contribution to the economy and development of the country.
Co-operative Bank announces losses of £75.8m
Posted by on Sat, Aug 23 2014 10:34 am
The Co-operative Bank has announced pretax losses of £75.8m for the first six months of this year and admitted that “much needs to be done” to stabilise an institution that has seen 28,000 customers leave since January.
Bank of America agrees $17b deal over dodgy mortgages
Posted by on Sat, Aug 23 2014 10:20 am
Bank of America agreed yesterday to a record nearly $17 billion deal with US authorities to settle claims it sold risky mortgage securities as safe investments ahead of the 2008 financial crisis, reports AFP.
Prime Bank signs deal with MJL
Posted by on Sat, Aug 23 2014 10:11 am
Prime Bank Limited signed an agreement with MJL Bangladesh Limited aiming at availing cash discounts on different products of Mobil-I for the bank’s clients and employees.
World Bank arm to raise $2.5b in India bond sale
Posted by on Sat, Aug 23 2014 10:08 am
NEW DELHI: The World Bank’s private sector financing arm said yesterday it would raise $2.5 billion in Indian rupee- denominated bonds to fund much-needed infrastructure projects across the country, reports AFP.