The World Bank (WB) Sunday projected 6 per cent growth for Bangladesh in the current 2012-13 fiscal year (FY13) with the observation that the country would continue a healthy growth driven by improving macro-economic management.

Poor roads and ports are becoming a challenge for Bangladesh's economy, the World Bank said in its economic update released yesterday.

The headline of a front-page story in the October 02, 2012 issue of the Financial Express was, "Banks' stock market exposure set at 40pc, BB denied control over SCBs." The news basically says that in the proposed amendments of Bank Company Act (BCA), 1991, the maximum limit of a bank's exposure t...

The average spread between lending and deposit rates of banks crossed 5.50 per cent despite the central bank's directive to bring down the gap to the level below 5.0 per cent, said sources with the Bangladesh Bank (BB).

European leaders agreed Friday to police thousands of eurozone banks beginning next year as they sought to create much-needed jobs in their austerity-battered economies.

City Bank Limited has signed an agreement with Siemens Bangladesh Limited at City Bank head office recently, said a press release.

The Malaysian government is working on proposed free trade agreement with Bangladesh to boost bi-lateral trade between the two countries, said Malaysian High Commissioner (HC) in Bangladesh.

Bangladesh Bank Governor Dr Atiur Rahman receives donation from Association of Bankers Bangladesh for Bannaya Prani Sheba Foundation at a function at Sreemangal, Sylhet on Saturday.

Stocks declined for the third week, as investors kept selling shares and mutual fund units ahead of the Eid festival and Durga Puja, while institutional investors preferred monitor the market.

Mohammed Gofran has recently been promoted as the additional managing director of Southeast Bank, the bank said in a statement yesterday.