Bangladesh Bank (BB) is preparing a guideline to help banks check forgery in online banking.The new guideline is likely to be issued next month, a central bank official told BSS on Sunday.The central bank is issuing the guideline against the backdrop of some incidents of credit card forgery and f...

Most of the country’s commercial banks have showed positive earnings for the third quarter (July-September) of this year, but their cumulative earnings in three preceeding quarters (January-September) were negative.

Bangladesh Bank Governor Dr Atiur Rahman stressed the need to prepare sector specific credit policy guideline as “the nature of different sectors is different from the environmental perspective.”

The parliament yesterday passed the much talked-about Grameen Bank Act, 2013, one that elevated the government roles in the running of the microcredit organisation without any increment of its ownership stakes.

Credit disbursement to the agriculture sector shot up by 24.82 per cent in the first quarter (July-September) of the current fiscal year 2013-14 compared to the same corresponding period of the previous FY 2012-13.

Bangladesh Krishi Bank (BKB) signed a partnership agreement with Dutch-Bangla Bank (DBBL) on mobile banking at the head office of the BKB on Wednesday.

United Commercial Bank (UCB) as the lead arranger recently raised US$ 23.03 million under the Investment Promotion and Financing Facility (IPFF) of Central Bank funded by International Development Association (IDA) of World Bank. Bangladesh Bank disbursed a fund of $ 19.91 million which will be u...

Islami Bank Bangladesh Ltd, a leading private sector bank, has made a profit of a mere Tk 20 lakh in the third quarter this year, down from more than Tk 83 crore during the same period last year. Its nine-month profit (after tax) slid to Tk 194 crore this fiscal year against Tk 505 crore a year ...

Sonali Bank board has rejected any possibility of rescheduling Hall-Mark Group’s loans worth Tk 2,554 crore that were taken out through fraudulent means despite the Group’s inability to repay the amount.

The government yesterday exempted four foreign banks from the mandatory requirement of a subsidiary to participate in the stockmarket for the sake of development of the capital market. The four banks are: Standard Chartered Bank, Citibank NA, HSBC and Commercial Bank of Ceylon.