The central bank will issue a guideline by January to stop suspicious transactions in the stockmarket. Bangladesh Bank took the decision at a meeting of the National Coordination Committee against money laundering yesterday, with Finance Minister AMA Muhith in the chair.

Bangladesh Bank aims to introduce a mechanism for faster settlement of funds transferred from one bank to another by 2014, particularly to help businesses get liquidity without any delay, said a senior official yesterday.

'Know Your Client' (KYC) criteria is set to be made mandatory soon for all share market investors as it is done in the case of bank clients to restrict easy entry of tainted money into the capital market, highly placed sources in the Ministry of Finance(MoF) and Bangladesh Bank(BB) said Saturday.

Kanak Kumar Purkayastha, Deputy Managing Director of BASIC Bank Limited, seen with the participants of the 16th foundation training course at the bank’s training cell in Dhaka Saturday.

BRAC Bank launched debit card for farmers in Dinajpur enabling them to buy agricultural materials, avail loan and withdraw cash whenever necessary in easier way.

Financial weekly Industry awarded 12 commercial banks, eight of which have strong ratings while four were recognised for their high contribution to remittance channelling.

LONDON: Economists in Britain have labelled the Bank of England’s (BOE) quarterly economic forecast as a “fairly dismal prospect” and predicted that Britain may never again return to its long-term annual GDP trend growth of 2.5 percent.

Bangladesh Bank will host the 12th Saarc Payment Council (SPC) meeting with the central bank officials of eight Saarc countries at Sonargaon Hotel in Dhaka today.

The government's borrowing from the banking sector in four months till October of the current fiscal year decreased by 42 percent compared to the same period last year.

Bangladesh's trade is expected to grow 19 percent a year between 2013 and 2015, driven by a rise in trade with the neighbouring India, HSBC said in a report, Global Connections.