The central bank has introduced US dollar (USD) and Bangladesh Taka (BDT) swap arrangement through offshore banking units (OBUs) of the commercial banks, officials said. Under the new arrangement, the banks are allowed to swap maximum $20 million from Bangladesh Bank (BB) against their BDT throug...

Bangladesh Bank (BB) on Tuesday published “Thoughts of Banking and Finance”, the first journal of the central bank. Governor Dr Atiur Rahman launched the journal at a programme at the Bangladesh Bank Training Academy (BBTA) in the city.

Bank Asia arranged a day-long training course on “Prevention of Money Laundering and Terrorist Financing” at a hotel in Chittagong recently. Some 90 officials of the bank and agents of the bank took part in the training course, said a press release.

A special fund is likely to be introduced soon by the Bangladesh Bank for making the ‘Taka 10’ bank accounts effective, especially for the marginal farmers who do not have enough savings to keep their accounts moving.

The government will execute the recommendations of the secretaries’ committee on the separate pay scales for Bangladesh Bank and four state-owned commercial banks from next week.

All the existing potential sectors and sub-sectors of agriculture should be brought under qualitative and quantitative investments for making the region’s agro-based economy more vibrant.

IFIC Bank organised a two-day-long training course on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ for the executives and officials of Chittagong division branches of the bank.

Bank Asia opened its 80th branch at Sonargaon-Janapath Road at Uttara in Dhaka on Monday. A Rouf Chowdhury, Chairman of the bank, inaugurated the new branch, said a press release.

Prime Minister Sheikh Hasina yesterday approved the separate pay scale for employees of Bangladesh Bank and the four state-owned commercial banks. The premier also increased the basic salaries for the employees of Bangladesh Bank, Sonali, Agrani, Janata and Rupali banks as opposed to the recomme...

Taka became weaker against UK pound and Euro while it remained unchanged against US dollar in the inter-bank money market on Thursday.