Grameenphone has borrowed Tk 846 crore from 15 banks and financial institutions, the biggest syndicated term loan in Bangladesh. The country's largest mobile phone operator with a 42 percent market share will use the fund for network expansion.

Eastern Bank Limited (EBL) received a milestone award of recognition from the International Finance Corporation (IFC) of the World Bank Group as the “Best Global Trade Finance Programme (GTFP) Issuing Bank in South Asia”.

Bangladesh Bank (BB) has approved a new rating agency named Waso Credit Rating Company (BD) Limited (WCRCL), which takes the total number of local External Credit Assessment Institutions (ECAIs) to seven.

The state-run Sonali Bank Limited (SBL) received clearance from the Bangladesh Bank (BB) to settle only the genuine 'overdue' payments to the country's 32 local and foreign commercial banks against 'inland bills'.

The International Monetary Fund (IMF) has softened its stance on a move of the government to increase banks' exposure to the capital market to 40 per cent of the total capital of a bank company to stabilise the flagging market.

Spain seems condemned to pay for its own banking rescue after Germany flatly refused to let the eurozone’s future bank supervisor do so, analysts say. That is bad news for Spain’s soaring public debt. But it is only one of a series of concerns now emerging from a eurozone bailout of Spain’s banks...

Bangladesh Bank has signed an agreement with Core Knowledge Limited, a sister concern of Rahimafrooz BD Limited on providing Online Learning Tools (OLT) for its officials.

The Bangladesh Bank (BB) will Supply 180 machines to different cattle markets in the capital to detect counterfeit notes on the occasion of the Erid-Ul-Azha, said an official release of the central bank.

Bangladesh Bank (BB) authority Sunday asked banks to ensure uninterrupted supply of cash at ATM (Automated Trailer Machine) booths for clients during the Durga Puja and Eid-ul-Azha festivals.

In order to prevent unauthorised correspondence, Bangladesh Bank has directed chief executive officers (CEOs) of all financial institutions (FIs) to put respective signatures on financial statements or regulatory documents that need to be sent to the central bank authority.