News

Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

WB team due on Monday

Posted by BankInfo on Fri, Sep 28 2012 04:10 am
A World Bank team will arrive in Dhaka on Monday to formulate a framework of an agreement for new implementation arrangements for Padma bridge project and also investigation into the alleged corruption in the project.

IMF irked as major conditions for loan remain unfulfilled

Posted by BankInfo on Fri, Sep 28 2012 04:06 am
The IMF may defer the disbursement of the second instalment of its $1 billion loans for Bangladesh if the government does not fulfil all the related conditions, the lender said. An IMF mission conveyed this message to the government as some of the major conditions were not met yet.

WB statement proves govt lying to people: Fakhrul

Posted by BankInfo on Fri, Sep 28 2012 04:02 am
Opposition Bangladesh Nationalist Party (BNP) Thursday alleged that the World Bank’s statement on conditions binding the revival of Padma Bridge funding proves that the government was “lying” to the people.

Banks say ‘no’ to aggressive sales of stocks

Posted by BankInfo on Fri, Sep 28 2012 04:00 am
The banks will not go for aggressive sales of stocks in a bid to help the market remain stable, said Association of Bankers, Bangladesh (ABB). There was a meeting between ABB and DSE on Thursday where the bankers’ leaders agreed to avoid aggressive sales for the sake of market’s stability.

Banks open tomorrow to facilitate tax payment

Posted by BankInfo on Fri, Sep 28 2012 03:58 am
All major branches of the state-owned and private commercial banks in district and divisional towns will remain open Saturday across the country.

DBBL-AMI deal on fund collection thru M-banking

Posted by BankInfo on Fri, Sep 28 2012 03:55 am
Dutch-Bangla Bank Lim- ited (DBBL) Wednesday signed an agreement on Mobile Banking Services with Anjuman Mufidul Islam (AMI). The organisations signed the agreement for collecting fund from the donors, both local and foreign, through mobile banking, said a press release.

MTB Unit Fund subscription ends Sunday

Posted by BankInfo on Fri, Sep 28 2012 03:51 am
The initial subscription of Mutual Trust Bank (MTB) Unit Fund will expire Sunday. After expiry of the period, the units will be traded at NAV (net asset value) related prices, sources said.

Senior Citi official to visit Dhaka

Posted by BankInfo on Thu, Sep 27 2012 09:37 am
Michael Zink, Citi head of Asean and Citi country officer for Singapore, will visit Dhaka for two days from September 29, the bank said in a statement yesterday.

Tax offices to remain open Saturday

Posted by BankInfo on Thu, Sep 27 2012 09:34 am
The National Board of Revenue (NBR) will keep tax offices open on Saturday to give payers one more day to submit returns.

WB wants to witness ACC quizzing

Posted by BankInfo on Wed, Sep 26 2012 03:04 am
As part of its condition for the revival of the Padma bridge loan deal, the World Bank wants its expert panel to be present when the Anti-Corruption Commission interrogates the persons allegedly involved in corruption in the project.
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