A four-day-long training course on “Cash Management" was organised by Bank Asia Limited at Institute for Training and Development at Rangs Bhaban at Tejgoan in Dhaka recently.

Expressing his concern over the ongoing political impasse, the Bangladesh Bank (BB) Governor Dr Atiur Rahman said Saturday that country's all achievement will be ruined if destructive trend continues.

Although the prime minister has approved a new pay scale for Bangladesh Bank and four state-owned commercial banks three weeks before, implementation of it faces a fresh hurdle. The government now finds no law under which a separate pay scale for the four state-owned banks could be materialised, ...

The loan defaulters are making serious efforts to reschedule their accounts so they do not disqualify for participating in the upcoming general election, said Bangladesh Bank sources. As per the amended Representation of the People Order (RPO), the aspirants of the parliamentary election require ...

Nine female members of the Grameen Bank board have lost their posts as the parliamentary affairs ministry has published a gazette notification on the passage of the Grameen Bank Act 2013, which replaces the 1983 ordinance.

The disbursement of industrial term-loans continues to slide on the back of growing political unrest. Between July and September, banks and non-bank financial institutions disbursed over Tk 8,880 crore of term loans, down 8.63 percent year-on-year and 15.53 percent from the previous quarter, acc...

The central bank yesterday altered the rules for writing off bad loans, it said in a notice. From now on, lenders do not have to file cases for bad loans — Tk 50,000 or less — to be written off from balance sheets against full provisioning.

United Commercial Bank Ltd on Saturday launched mobile-based financial service styled ‘UCash,’ eying to expand its innovative banking service to unbanked population across the country. With the launch of UCash, officials of the bank said, they have come with a set of innovative ideas, including p...

IFIC Bank opened its 110th branch at Meghola Bazar at Dohar recently. Deputy Managing Directors of IFIC Bank Mati-ul Hasan and SM Abdul Hamid and Muhammad Mustafa Haikal Hashmi inaugurated the branch, said a press release.

The National Board of Revenue (NBR) instructed all banks to freeze accounts of the cell phone company, Robi Axiata BD Limited, due to non-payment of its due tax.