Sonali Bank has to pay other banks the undisputed overdue bills it has given acceptance to. The decision was taken at a meeting on Sunday by the Bangladesh Foreign Exchange Dealers' Association (BAFEDA) which has some quasi-legal power in the inter-bank foreign exchange market.

The government may appoint more than 30 directors for the state-owned commercial banks in a week, said a high official, in the wake of a call for a thorough top-level management change following the detection of forgeries.

Bangladesh Bank (BB) is planning to form a new ‘temporary cell’ for effective supervision on nine new banks scheduled to enter the market during October-November period this year.

Islami Bank Banglad- esh Limited, a leading private bank of Bangladesh, enlisted in top among 1,000 banks across the world. The UK-based century-old financial magazine 'The Banker' recently published the list in its evaluation, said a press release Tuesday.

Shahjalal Islami Bank Limited (SJIBL) signed a registered deal with ENA Properties Limited recently on purchasing a land for its Head Office Bhaban at Gulshan Avenue in Dhaka. In this regard, price sensitive information was published in two national dailies on December 4, 2011, said a press relea...

Citibank NA, Bangladesh organised annual event titled 'Gaan e Gaan e Gunijon Shongbordhona' in Dhaka for honouring the musical and cultural legends of Bangladesh.

Commerce Minister GM Quader has said the government is contemplating to enact a law to strictly monitor formalin import and check its indiscriminate use with food items that causes damage to human health.

Khaled Mahmud Raihan concluding his three-part article on risk management in banks.

The Japan International Cooperation Agency (JICA)'s US$ 400 million loan effectuation deadline for the Padma Bridge project will expire tomorrow amid confusion over funding the World Bank, officials said Wednesday.

The 49th Foundation Training Course for the officers of the NCC Bank was arranged at the bank’s training institute recently.