The government has taken initiative to sell treasury bonds and bills to the state-owned commercial banks in a long-term investment of the banks’ excess liquidity. Bank and Financial Institutions Division made the decision at a meeting held on February 12. Additional secretary to the Division Amal...

The central bank yesterday warned banks against excessive exposure to the capital market, in a bid to ward off a bubble burst witnessed in the previous terms of Awami League. Bangladesh Bank Governor Atiur Rahman came up with the warning at his first meeting with the chief executives of banks aft...

Standard Chartered Bank and Citibank have joined the National Board of Revenue's e-payment foray to facilitate their corporate clients to pay taxes online. "It is a big step forward. It will enable account holders of the two banks to clear big amounts of taxes, including VAT and customs duty, thr...

Premier Bank Limited organised a prize giving ceremony to celebrate another successful campaign namely Locker Campaign-Magic Box recently.

A day-long Workshop on “AML & CFT issues for BAMLCOs” was held at Al-Arafah Islami Bank Training and Research Academy (AIBTRA) on Tuesday.

Helal Ahmed Chowdhury, Managing Director and CEO of Pubali Bank Limited inaugurated the launching of VISA Debit Card as chief guest.

The microcredit regulator has for the first time formulated a guideline on writing off bad loans for micro-finance institutions. Presently, there is no specific guideline on writing off classified or bad loan for MFIs having loan recovery record of around 90%.

The investment of banks in the government securities increased by 43% year-on-year in January this year as private sector entrepreneurs were reluctant to take loan due to sluggish business climate. It increased to Tk141,942 crore in January 2014 over the last 12-month period from Tk99,000 crore i...

Bangladesh Bank Governor Dr. Atiur Rahman yesterday hoped that the non-performing loans (NPL) of the scheduled banks would remain under a moderate level in the balance-sheet of December 2013 just because of flexible policy undertaken by the central bank.

City Bank has recently signed a cooperation agreement with International Finance Corporation (IFC) as part of IFC’s ‘Access to Finance Advisory Service’