The government received US$ 748 million worth of foreign aid in the July-October period of the current fiscal, more than double the amount received in the corresponding period of last fiscal, officials said Sunday.

The amount of 'doubtful loan' (DL) in the country's banking sector increased substantially in the July-September period of this year due to the recent scams.

If the ongoing investigation into the alleged corruption in the Padma bridge project appears to be maintaining the international standard in the eyes of the World Bank, the financing from the international lender will take place simultaneously, Finance Minister AMA Muhith said on Sunday.

The World Bank (WB) made its position clear again on Sunday about its funding for Padma Bridge project to depend largely on substantial progress in the inquiry by the Anti-Corruption Commission (ACC) into the allegations of graft relating to selection of its consultant.

China's small banks are intensifying their efforts to attract funds in the hope of preventing the current cash crunch from developing into a failure to meet upcoming new capital rules that require higher money reserves.

Bangladesh incurs 1.81 percent of GDP loss annually due to extreme weather events and over the period of 1962-1988, the country lost about 0.5 million tonnes of rice annually for floods, which accounts for nearly 30 percent of country’s annual food grain imports.

Prime Bank Limited (PBL) organised a meeting for its managers at a hotel in Dhaka Saturday.

Dhaka Bank Limited opened its 64th branch with modern facilities including ATM booth and online banking in Faridpur recently.

The European Central Bank will lower its growth forecasts for the euro area at its last policy meeting of the year, but also argue that cutting rates is not the appropriate response yet, analysts predict.

Pubali Bank donated Tk 2 crore to the prime minister's relief fund for the victims of Ashulia fire tragedy at Tazreen Fashions and the people who died when a concrete girder of an under-construction flyover collapsed in Chittagong.