Social Islami Bank Limited (SIBL) celebrated its 17th anniversary Thursday at its corporate office.

An extensive expansion has been occurred in capital base of the country’s banking sector during last four years. It has been happened due to transfer of a large proportion of profit of banks into capital. As a result, base of banking system becomes stronger.

Bad loans increased by Tk 7,282 crore or 1.58 percentage points in the third quarter this year as a significant amount of loans related to the recent incidents of scams was classified.

NCC Bank Limited opened its 90th branch equipped with online facility at Mohipal in Feni Thursday.

Janata Bank Limited, a leading state-owned commercial bank, opened two separate ATM booths on Paltan and Mothijheel branch premises in Dhaka Thursday.

ONE Bank Limited has started operation of it's newly set-up Central Processing Centre (CPC) in Moghbazar, Dhaka, recently.

WASHINGTON: Myanmar could become Asia's next economic engine if it enacts vast reforms, the IMF said yesterday, signaling the country could receive a Fund monitoring program in 2013.

Mercantile Bank Limited distributed Mercantile Bank Abdul Jalil Education Scholarship-2011 scholarships among the meritorious students of junior, SSC and HAS level at a function in Dhaka recently.

Bangladesh Bank (BB) has extended the deadline for repayment of classified term loan and agriculture credit by six months.

Aggressive lending has doubled state-owned BASIC Bank's non-performing loans (NPL) in just nine months this year, data shows.