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.
WB's growth forecast falls below govt target
Posted by on Thu, Jun 12 2014 10:10 am
The World Bank has projected 5.9 percent growth for the country in fiscal 2014-15, far below the government's target of 7.3 percent.
World Bank lowers 2014 global economic forecast
Posted by on Thu, Jun 12 2014 10:04 am
The Washington-based institution forecasts the global economy to grow 2.8 percent this year, down from its January estimate of 3.2 percent, according to its twice-yearly Global Economic Prospects report.
Big budget offers opportunity for banks
Posted by on Wed, Jun 11 2014 11:52 am
The just announced national budget is expected to offer a good business opportunity for the commercial banks operating in the country, after having a hard time in last couple of years.
National Credit and Commerce Bank Ltd. has approved 11% dividend
Posted by on Wed, Jun 11 2014 11:34 am
National Credit and Commerce Bank Ltd. has approved 11% dividend (6% cash & 5% Bonus Share) for the year 2013.
NBL held Managers Conference of Dhaka City Branches
Posted by on Wed, Jun 11 2014 11:21 am
A branch manager’s conference has been held with the participation of 35 branch managers of Dhaka city and adjoining areas of National Bank Limited along with the concerned Divisional Heads at the training institute of the bank recently,
Partisan directors push SCBs to the brink
Posted by on Tue, Jun 10 2014 12:32 pm
The government could not yet recover a single penny from the Hallmark Group since the massive irregularities by the bank management and dishonest officials of Hallmark Group were detected in 2012.
IBFB: Proposed bank borrowing may worsen private investment
Posted by on Tue, Jun 10 2014 12:21 pm
International Business Forum of Bangladesh (IBFB) feared that the proposed bank borrowing in the budget might bring crowding out effect in the private investment that still reels particularly from political unrest and higher interest rate.
Sonali Bank MD gets one year extension
Posted by on Tue, Jun 10 2014 12:14 pm
The state-run Sonali Bank Managing Director and CEO Pradip Kumar Dutta got one year time extension of his service tenure.
BB eases lending rules for Padma bridge
Posted by on Tue, Jun 10 2014 12:04 pm
Bangladesh Bank yesterday waived the single borrower exposure limit in case of financing the construction of Padma Bridge.
State banks to get another Tk 5,000cr to fix capital deficit
Posted by on Tue, Jun 10 2014 12:00 pm
The government has set aside another Tk 5,000 crore in the proposed budget to inject as fresh capital into the increasingly weakening state banks, to cover up the messes largely created by politically appointed boards.