First Security Islami Bank Limited (FSIBL) has launched the operation of its Swarupkathi branch in Pirojpur Tuesday.

Private Commercial Banks (PCBs) and Foreign Commercial Banks (FCBs) have so far settled around 70 percent of disputed inland bills purchases (IBPs) through mutual negotiations.

The government has asked Bangladesh Bank (BB) to open an investigation into the allegations of illegal fund transfers of Destiny Group by its 22 directors to their personal accounts.

The central bank of Bangladesh asked the state-owned Sonali Bank Limited (SBL) to take necessary action in the event of any forgery of inland bills in consultation with legal experts, official sources said.

The central bank has increased the allocation of the export development fund (EDF) to US$ 600 million from $500 million earlier to meet the growing demand of the country's exporters, officials said Tuesday.

The government will reconstitute the boards of state-owned banks next week, Finance Minister AMA Muhith said on Tuesday.

The banks opened total 18 EHs for mobilising remittances. In this backdrop, the Bangladesh Bank (BB) issued warning to the parent banks to cancel licenses if the EHs could not reach to at least break-even point by a three-year timeframe by accelerating their drive for mobilising remittances.

NCC Bank Limited opened two ATM booths at Civil Station Road, Rangpur and Patgram Bazar, Lalmonirhat recently.

The 121st branch of Dutch-Bangla Bank Limited (DBBL) equipped with on-line facilities was opened at Uttar Manda, Dhaka Tuesday.

Sean Wallace, group head for origination and client coverage for Standard Chartered Bank, is scheduled to arrive in Dhaka today for a two-day official visit.