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.
Posted by Sun, Nov 24 2013 11:24 amon
The central bank yesterday altered the rules for writing off bad loans, it said in a notice. From now on, lenders do not have to file cases for bad loans — Tk 50,000 or less — to be written off from balance sheets against full provisioning.
Posted by Sun, Nov 24 2013 11:19 amon
United Commercial Bank Ltd on Saturday launched mobile-based financial service styled ‘UCash,’ eying to expand its innovative banking service to unbanked population across the country. With the launch of UCash, officials of the bank said, they have come with a set of innovative ideas, including p...
Posted by Sun, Nov 24 2013 11:17 amon
IFIC Bank opened its 110th branch at Meghola Bazar at Dohar recently. Deputy Managing Directors of IFIC Bank Mati-ul Hasan and SM Abdul Hamid and Muhammad Mustafa Haikal Hashmi inaugurated the branch, said a press release.
Posted by Wed, Nov 20 2013 10:48 amon
The National Board of Revenue (NBR) instructed all banks to freeze accounts of the cell phone company, Robi Axiata BD Limited, due to non-payment of its due tax.
Posted by Wed, Nov 20 2013 10:43 amon
The central bank has introduced US dollar (USD) and Bangladesh Taka (BDT) swap arrangement through offshore banking units (OBUs) of the commercial banks, officials said. Under the new arrangement, the banks are allowed to swap maximum $20 million from Bangladesh Bank (BB) against their BDT throug...
Posted by Wed, Nov 20 2013 10:41 amon
Bangladesh Bank (BB) on Tuesday published “Thoughts of Banking and Finance”, the first journal of the central bank. Governor Dr Atiur Rahman launched the journal at a programme at the Bangladesh Bank Training Academy (BBTA) in the city.
Posted by Wed, Nov 20 2013 10:32 amon
Bank Asia arranged a day-long training course on “Prevention of Money Laundering and Terrorist Financing” at a hotel in Chittagong recently. Some 90 officials of the bank and agents of the bank took part in the training course, said a press release.
Posted by Tue, Nov 19 2013 11:31 amon
A special fund is likely to be introduced soon by the Bangladesh Bank for making the ‘Taka 10’ bank accounts effective, especially for the marginal farmers who do not have enough savings to keep their accounts moving.
Posted by Tue, Nov 19 2013 11:29 amon
The government will execute the recommendations of the secretaries’ committee on the separate pay scales for Bangladesh Bank and four state-owned commercial banks from next week.
Posted by Tue, Nov 19 2013 11:26 amon
All the existing potential sectors and sub-sectors of agriculture should be brought under qualitative and quantitative investments for making the region’s agro-based economy more vibrant.