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.

AL government's big election budget today

Posted by BankInfo on Thu, Jun 01 2017 10:02 am
The Awami League-led government presents today (Thursday) its final full-scale budget before the next polls with an up-raised outlay of over Tk 4.0 trillion -- foreshadowed by strains on some economic indicators.

IFC, Climate Investment Funds to finance climate-resilient SMEs

Posted by BankInfo on Wed, May 31 2017 10:10 am
The International Finance Corporation (IFC) yesterday announced an investment of $10 million in the Small Enterprise Assistance Fund Bangladesh Ventures Fund (SEAF BV) to boost the financing available for climate-resilient small and medium enterprises.

Bank Asia disburses Tk 52 lakh of German Red Cross among villagers in Hatiya

Posted by BankInfo on Wed, May 31 2017 09:59 am
Bank Asia has distributed Tk 52 lakh among 1,058 villagers of Hatiya in Noakhali as relief on Monday, before the cyclone Mora hit the area.

Slow remittance flow to hurt economy: analysts

Posted by BankInfo on Wed, May 31 2017 09:46 am
Remittance slid 16 percent year-on-year in the first ten months of the fiscal year in continuation of the sluggish trend that is threatening the country's foreign currency reserves,

Excise duty on bank accounts to double next fiscal year

Posted by BankInfo on Wed, May 31 2017 09:36 am
The government is considering doubling the excise duty on bank accounts with large debit or credit balance in fiscal 2017-18 to boost revenue collection.

Singapore fines Credit Suisse, local bank over 1MDB

Posted by BankInfo on Wed, May 31 2017 09:20 am
Singapore said Tuesday it had fined Credit Suisse and a local lender for breaches of the city-state's anti-money laundering laws relating to a corruption scandal at Malaysian state fund 1MDB.

Three interest rate hikes this year makes sense, says key US Fed banker

Posted by BankInfo on Wed, May 31 2017 09:15 am
Three interest rate hikes this year by the US Federal Reserve makes sense given the strong labour market in the US, and an economy that is doing well, said John Williams, president and CEO of the Federal Reserve Bank of San Francisco.

Budget deficit to be wider in FY2018

Posted by BankInfo on Wed, May 31 2017 09:03 am
In next fiscal year, the budget deficit will be more than 5% of gross domestic product breaking years of practice as the government focuses on winning voters’ heart ahead of the general election.
36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44