The central bank has sought cooperation from the Deputy Commissioners (DCs) of 65 districts to find out SME entrepreneurs and industry cluster across the country for the development of the sector, official sources said.

The commercial banks in the country have sought a clear directive from the central bank about settlement of payments against the 'inland bill purchase' (IBP) following the much-talked-about Hall-Mark loan scam involving a state-run bank.

AQM Safiullah Arif , member secretary of Exim Bank Shariah Supervisory Committee, took charge as secretary general of Central Shariah Board for Islamic Bank of Bangladesh (CSBIB) recently, says a press release.

Aminul Islam, Deputy Managing Director of Bank Asia, poses with the participants of a training course on credit management for its 7th batch of management trainees after handing over certificates at the bank’s Training Institute in Dhaka Tuesday.

Social Islami Bank Limited (SIBL) opened its 82nd branch at Badda in Dhaka Tuesday.

LIMA: Although women in Latin America and the Caribbean are better educated, they earn less than men, according to an Inter-American Development Bank (IDB) study released on Monday.

Bangladesh Bank (BB) authority Tuesday raised transaction ceiling for importing coal worth up to $7,500 by relaxing the rules of foreign-exchange transactions to facilitate coal imports.

The Asian Development Bank promised Tk 8.10 billion for drilling four wells and installing two processing plants at Titas Gas Field, said a senior official of Petrobangla.

Citigroup Inc Chief Executive Vikram Pandit resigned abruptly on Tuesday, effective immediately, a shock change at the top of the bank just one day after a surprisingly strong quarterly earnings report.

Two out of nine new banks have failed to submit their supporting documents with their applications for licences within deadline which passed yesterday, Bangladesh Bank officials said.