Industries Minister Dilip Barua Monday said the country’s GDP growth can reach the double-digit mark through providing required financial support and modern technological input in the SME sector.

Md Siddiqur Rahman has recently been appointed as deputy managing director of Sonali Bank Ltd, the bank said in a statement yesterday.

The ensuing commercial banks have begun seeking final green signal of the central bank to start their operations as they fulfil requirements in line with the letter of intent (LoI). On April 17, Bangladesh Bank (BB) issued the LoI with putting 29 conditions that the banks should comply with to g...

Social Islami Bank Limited (SIBL) opened its 79th branch at Demra in Dhaka recently.

Rapid credit expansion in recent years has added burden on the banks in maintaining higher annual income for provisioning and thus resulted in more risks for banks’ assets.

The central bank will introduce more regulations and strengthen supervision over banks in the coming months to avert any "systemic crisis" in the sector, the governor said yesterday.

Bangladesh Bank Governor Dr Atiur Rahman, speaks at a national conference on Towards Bangladesh-at-50 at the Institute of Diploma Engineers in Dhaka Saturday.

NCC Bank Limited opened a new ATM booth at Panthapath in Dhaka recently.

National Bank Limited was awarded merit prize of ICAB ‘Best Presented Annual Report 2011’ under the category of Private Sector Bank.

BERLIN: The International Monetary Fund has cut its global growth forecasts for this year and 2013 and called on politicians in the eurozone and the US to take “decisive” steps to restore confidence, a German newspaper said yesterday.