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.

China's central bank resumes cash injection into money market

Posted by BankInfo on Fri, Jun 09 2017 09:10 am
China's central bank injected 60 billion yuan (8.84 billion U.S. dollars) into the financial system via open market operations Thursday to maintain stable liquidity.

Excise duty, VAT will not be revised down, says Muhith

Posted by BankInfo on Fri, Jun 09 2017 08:35 am
He made it clear once again on Thursday while speaking to the media in Sylhet.

Hall-Mark scam shoots Sonali Bank default loan up 50%

Posted by BankInfo on Thu, Jun 08 2017 10:56 am
The default loan of state-owned Sonali Bank has risen over 50% following the Hall-Mark Group loan scam, said the bank Managing Director Obayed Ullah Al Masud.

Foreign banks may be advised to bring in remittance

Posted by BankInfo on Thu, Jun 08 2017 10:34 am
The Bangladesh Bank (BB) had no proper system in place for monitoring foreign exchange inflow and its utilisation before the sudden hike in price of US dollar in April last, a senior central banker admitted.

BASIC, eight more banks, FIs to get Tk 20 billion

Posted by BankInfo on Thu, Jun 08 2017 10:24 am
The government is going to grant Tk 10 billion to the scam-hit BASIC Bank to meet its capital shortfall, once more.

Banks put on alert over fake notes

Posted by BankInfo on Thu, Jun 08 2017 09:46 am
Bangladesh Bank has asked all commercial banks to be cautious about fake notes as forgers may attempt to release counterfeit notes ahead of the Eid festivals cashing in on increased demand.

Malaysia’s foreign reserves up marginally at $98b

Posted by BankInfo on Thu, Jun 08 2017 09:27 am
The number was 0.72 percent higher compared with its last report of 97.3 billion dollars on May 15, reports Xinhua.

Philippine bank chaos after unauthorised transactions

Posted by BankInfo on Thu, Jun 08 2017 09:17 am
Customers of Bank of the Philippine Islands (BPI) woke up Wednesday unable to access their accounts online with many shocked to see unauthorised withdrawals and deposits, reports AFP.
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