Banks' scope to invest in the stockmarket will remain high despite a proposed amendment to the Banking Companies Act, as the banks have a strong capital base now.

Tax collections from large corporate taxpayers might trail much behind the projected level in the current fiscal year (FY 2012-13) in view of lower level of profits, now estimated for most of the country's private commercial banks (PCBs).

To promote country’s women entrepreneurship, the central bank advised all scheduled banks to disburse at least 10 per cent SME credit out of their total loan portfolio, according to Nazneen Sultana, deputy governor of Bangladesh Bank (BB).

The people who want to go to Malaysia on work visa can have financial assistance from a bank to meet their cost of migration.

First Security Islami Bank Limited opened an ATM booth at Banasree in Dhaka recently.

Banks' scope to invest in the stockmarket will remain high despite a proposed amendment to the Banking Companies Act, as the banks have a strong capital base now.

Asian markets were mostly up Friday following a rally in the previous session, while dealers await another meeting on Greece’s bailout and the resumption of talks on the US fiscal cliff. Trade was subdued with Japanese markets closed for a public holiday and the United States celebrating Thanksgi...

Expatriate Bangladeshis will remit home $14 billion in the current fiscal, according to the World Bank. The latest issue of the Bank’s Migration and Development Brief, released in Washington on Wednesday, said expatriates across the world would send home a total of $534 billion in 2012.

BRAC Bank distributed warm clothes to needy people in different parts of the country on the advent of winter season.

PRETORIA: Despite a bleak economic outlook South Africa’s Reserve Bank opted to leave interest rates on hold on Thursday, fearing any move to stimulate the economy now could fuel inflation.