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.

Citi partners with Sonali Bank on Corporate Tax e-Payment

Posted by BankInfo on Tue, Feb 18 2014 12:00 pm
Citibank, N.A., Bangladesh Monday signed an agreement with Sonali Bank Limited on “Corporate Tax e-Payment” solution.

Jamuna Bank Uttara branch relocated

Posted by BankInfo on Tue, Feb 18 2014 11:51 am
Uttara Branch of Jamuna Bank has been shifted at Giant Business Tower at Uttara in the city.

BKB holds branch managers' confce

Posted by BankInfo on Mon, Feb 17 2014 12:12 pm
Bangladesh Krishi Bank (BKB) organised Khulna Divisional branch managers’ conference in Khulna recently.

IFIC Bank signs deal with Green Delta Ins

Posted by BankInfo on Mon, Feb 17 2014 11:42 am
Managing Director and CEO of IFIC Bank Limited Shah A Sarwar and Farzana Chowdhury,

EXIM Bank holds get together

Posted by BankInfo on Sun, Feb 16 2014 01:53 pm
Export Import Bank of Bangladesh Limited arranged a Get Together of Business Partners to enhance the good relation with its customers.

Bank branches in 83 upazilas remain open tomorrow

Posted by BankInfo on Sat, Feb 15 2014 11:58 am
Bangladesh Bank has asked all the scheduled commercial banks to keep open their respective branches in 83 upazilas of 42 districts on Saturday to facilitate the ongoing polls. The banks have been asked to keep open their branches in the electoral areas with ensuring proper security for receiving ...

Interest rate spread rises above 5%

Posted by BankInfo on Sat, Feb 15 2014 11:55 am
The interest rate spread crossed again the desired level of 5% - only after two months it stayed below the level. The gap between average lending and deposit rates of 55 commercial and specialised banks went up to 5.06% in December last from 4.97% in November and 4.95% in October, after coming d...

Rural savers’ bank to start journey from July

Posted by BankInfo on Sat, Feb 15 2014 11:53 am
The PalliSanchay Bank, ‍a proposed bank to encourage rural savings, will start operation in the first week of July as the current parliament session is expected to pass a related bill. A temporary head office of the bank will be set up at Bangladesh Rural Development Board office in the capital’s...

Debt servicing becomes expensive

Posted by BankInfo on Sat, Feb 15 2014 11:51 am
The interest payment on government borrowing grew by 30% in the first four months of the current fiscal year as compared to the same period previous fiscal year, prompting the authorities to go for a mid-term debt strategy. Officials are expecting the strategy to significantly ease the rising pay...

Business feared to be deprived of BB loan

Posted by BankInfo on Sat, Feb 15 2014 11:50 am
Financing the proposed Padma Bridge project from own resources would put pressure on Bangladesh Bank, limiting its capacity to serve local business at the time of releasing fund from the country’s foreign exchange reserve. Finance Minister AMA Muhith dropped the broader hint in response to an app...
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