Bangladesh Bank may keep unchanged the private sector credit growth target in the upcoming monetary policy for January-June of 2014 considering the existing political unrest, said officials of the central bank.

Shah A Sarwar, Managing Director and Chief Executive Officer (CEO) of IFIC Bank, hands over blankets to Deputy Governor of Bangladesh Bank SK Sur Chowdhury at BB head office in Dhaka on Monday.

Kazi Md Neyamat Ullah has been appointed as Deputy Managing Director of the state-owned Rupali Bank Limited.

Banks saw modest business activities on Friday and Saturday, bankers said. “We have seen a lot of cash withdrawal from all branches,” said Helal Ahmed Chowdhury, managing director of Pubali Bank. The banks will remain off today,

The board meeting was held at the Bank’s Head Office, said a press release.The meeting was presided over by Alhaj Syed Nurul Arefeen, Director of SJIBSL.Alhaj Mohiuddin Ahmed was born in Bangshal in the old city of Dhaka. He is a renowned businessman and Chairman of Rupsha Trading Corporation,

Four specialised banks will have to fulfil certain conditions to open new branches.The restrictions were imposed yesterday mainly to minimise the misuse of government funds in the banks.The Banking Division yesterday sent letters to the four banks -- Bangladesh Krishi Bank, Rajshahi Krishi U...

The central bank yesterday asked all scheduled banks to keep their branches open on January 3 and 4 (Friday and Saturday) ahead of January 5 polls. The central bank issued the directive to help election officials and the members of law enforcing agencies conduct their cash transaction and clearin...

AZM Shamsul Alam, founder chairman, Al-Arafah Islami Bank Limited, seen with the high officials and clients of the bank on the occasion of Clients’ Meeting to mark the year ending 2013 and a banquet at the bank’s Motijheel office on Monday.

Abu Zafar Hedaytul Islam recently promoted to Deputy Managing Director of Trust Bank Limited.Prior to his new assignment, he was the Senior Executive Vice President of the bank, said a press release.He joined the bank as Senior Vice President in October 2003. Before his joining the Trust Bank he ...

Speakers asked the newly recruited bankers to gain professional skills as it is inevitable for attaining success in the banking sector for overall socio economic development of the region.They urged them to make their banking activities client-friendly so that they get total benefits of the banki...