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.

BASIC suspends manager of Gulshan branch

Posted by BankInfo on Thu, Jun 05 2014 10:33 am
Graft-ridden BASIC Bank yesterday suspended Md Waliullah, the manager of its Gulshan branch, on charges of corruption, a senior official of the bank said.

Board of Directors of IBBL held

Posted by BankInfo on Wed, Jun 04 2014 12:09 pm
Dhaka : A meeting of newly formed Board of Directors of Islami Bank Bangladesh Limited was held on Saturday at the Board Room of Islami Bank Tower, reports in a press release.

Tk 100cr BB fund for DCCI entrepreneurship project

Posted by BankInfo on Wed, Jun 04 2014 11:33 am
Bangladesh Bank on Tuesday announced the introduction of a refinance scheme worth Tk 100 crore to boost the entrepreneur development project initiated by Dhaka Chamber of Commerce and Industry

One urban outlet against two rural ones

Posted by BankInfo on Wed, Jun 04 2014 11:17 am
A bank must have at least two rural agent banking outlet if it wants to open one urban agent banking outlet, according to a guidance note Bangladesh Bank issued yesterday.

Rashid joins Premier Bank as adviser

Posted by BankInfo on Wed, Jun 04 2014 10:47 am
Khondker Fazle Rashid has joined Premier Bank Limited as Adviser.

Signing Ceremony between Trust Bank Limited and Meghna Life Insurance Company Limited for Insurance Premium Payment through held

Posted by BankInfo on Tue, Jun 03 2014 12:15 pm
Dhaka- Signing Ceremony between Trust Bank Limited and Meghna Life Insurance Company Limited for Insurance Premium Payment through Trust Bank Mobile Money held, informed by the authority.

High spread hinders economic development

Posted by BankInfo on Tue, Jun 03 2014 11:45 am
Despite repeated reminders by the central bank, most of the banks seem reluctant to reduce their spread between the interest rates on lending and deposit mostly due to higher operational costs.

BB allows agent banking in municipal areas

Posted by BankInfo on Tue, Jun 03 2014 11:16 am
Bangladesh Bank on Monday said that scheduled banks would be able to operate their agent banking in municipal areas besides in the rural areas.

Banks' stock exposure to be capped from now

Posted by BankInfo on Tue, Jun 03 2014 10:51 am
The government will start its efforts to bring banks' stockmarket exposure down to the permissible limit two years before the schedule of 2016, in keeping with the pledges made to the International Monetary Fund.

Senior HSBC official due in Dhaka today

Posted by BankInfo on Tue, Jun 03 2014 10:39 am
Jayant Rikhye, head of International Asia Pacific for HSBC and head of strategy and planning, is due to arrive in Dhaka today on a two-day visit, the bank said in a statement.
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