Mercantile Bank Limited opened its 83rd branch at Anowara Super Market, Bishaw Road at Gobindogonj in Gaibandha recently.

Austria’s central bank on Friday cut sharply its forecasts for economic growth for 2012 and 2013 because of a “significant” slowdown in many of the eurozone member’s export markets.

Despite the strong revival of the Dubai economy, local lenders lure customers and capital with a much more modest tone than before the crisis as they deal stricter financial regulation and consolidation.

The Asian Development Bank on Friday cut its economic growth forecasts for the region, which has been dragged back by a continued slowdown in India despite positive data out of powerhouse China.

A senior official of the World Bank (WB) Friday said the bank wants to start the construction of the Padma Bridge without further delay resolving the present stalemate considering its importance of the bridge on Bangladesh economy and region as well.

The negotiation between the Anti Corruption Commission (ACC) and the World Bank over the allegation of Padma Bridge graft conspiracy ended without any consensus, finance minister AMA Muhith said Thursday.

The chief of the visiting International Monetary Fund (IMF) mission, David Cowen, said Thursday the mission and the Bangladesh authorities reached an ad referendum understanding on a set of economic policies and reforms, focusing on pursuing sound fiscal and debt management, ensuring stable monet...

The China Development Bank (CDB) and Russia's Sberbank signed an agreement here yesterday, with the aim of pushing forward financial cooperation between the two countries.

Bangladesh should go for an integrated branding policy, instead of taking piecemeal steps, as the country is at the crossroads towards higher growth trajectory.

International Monetary Fund yesterday said it may release the second instalment -- $141 million -- of its $1 billion loans by January.