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.
PBL inks deal on money transfer with Placid NK
Posted by Thu, Dec 13 2012 06:07 am
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Pubali Bank Limited has signed a money-transfer agreement with Placid NK Corporation, USA, Wednesday.
BB wants mayors to motivate SME entrepreneurs
Posted by Thu, Dec 13 2012 06:05 am
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Bangladesh Bank (BB) has sought support from mayors of municipalities across the country as part of its fresh move to identify small and medium entrepreneurs.
IMF warns HK property faces price correction
Posted by Thu, Dec 13 2012 06:02 am
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The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
Single-Point Mooring at Deep SeaChinese firm wants to invest $325m at 5.1pc interest rate
Posted by Thu, Dec 13 2012 05:59 am
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China Machinery Engineering Corporation (CMEC), a state-owned firm of China, has shown interest to implement the $325 million single-point mooring (SPM) project at deep sea to supply crude oil directly to Eastern Refinery Limited and improve the unloading facility at the outer anchorage.
Agrani Bank goes for heavy borrowing
Posted by Thu, Dec 13 2012 05:53 am
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The state-owned Agrani Bank Ltd is borrowing from money market to operate its financial activities as it faces a moderate shortage in liquidity.
Scams, political unrest take toll on businesses LC confirmation charges go up to 4pc
Posted by Thu, Dec 13 2012 05:47 am
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The recent scams in the banking sector and the ongoing political unrest have started taking a toll on the businesses that are already coping with a rise in cost, businesspeople and bankers said.
Citi seminar on 'managing risk and volatility in recent times'
Posted by Wed, Dec 12 2012 07:04 am
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Citibank, N.A. Bangladesh recently organized a seminar on "Managing Risk and Volatility in Recent Times" for its corporate and institutional clients that focuses on the various aspects of global and emerging markets issues influencing foreign exchange risk and volatility.
Lending complexities facing bankers
Posted by Wed, Dec 12 2012 06:57 am
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After independence of Bangladesh, there were only six nationalised banks and one specialised bank. The first private commercial bank came into being in 1982. Before the private banks entered the scene, the people of Bangladesh, who were directly or loosely related with the banking sector, were no...
BB revises note refund norms
Posted by Wed, Dec 12 2012 06:49 am
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The central bank has revised note refund regulations after 36 years considering massive changes in security features of notes and peoples mentality. From now on, Bangladesh Bank (Note Refund) Regulations -1976 is repealed and all commercial banks are asked to settle claim of charred, damp, deform...
DBBL, Airtel sign deal on m-banking
Posted by Wed, Dec 12 2012 06:38 am
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Dutch-Bangla Bank Limited (DBBL) signed an agreement with Airtel Bangladesh Limited on mobile banking services at the bank’s Head Office in Dhaka recently.