Finance Minister AMA Muhith Monday said the government will work out a fresh financing structure for construction of the Padma Bridge, but it did not abandon the hope for World Bank fund for the project.

Bangladesh Bank Governor Dr. Atiur Rahman Monday urged scheduled banks to spend at least one-third of their Corporate Social Responsibility (CSR) funds for helping the poor but meritorious students.

After the financial crisis, the investment banking mantra became “Shanghai, Mumbai, Dubai or goodbye.” While the rest of the world was falling apart, the countries stretching from Saudi Arabia to India, Southeast Asia and China were growing, and could pick up some slack. Or so the thinking went. ...

THE International Monetary Fund stepped up its warnings Monday on risks to the global economy, especially coming from Europe, as it trimmed its growth forecast for the rest of the year.

Standard Bank Ltd has decided to invest an additional Tk 100 crore in the capital market in the next two months, the bank said in a statement yesterday.

The new loan classification and provisioning rules of the Bangladesh Bank may give rise to default loans in the short-term, but will ultimately reduce the number of wilful defaulters and benefit both banks and borrowers, according to a BB study.

Banks and non-bank financial institutions will not be allowed to spend more than Tk 35 lakh to buy cars and more than Tk 50 lakh to buy Jeeps from its own funds, the central bank said yesterday.

Standard Chartered Bank as part of its continuous effort to introduce the emerging markets to its global footprints, hosted a seminar on “Financing and Investment Opportunities in Bangladesh” on June 20 at hotel Taj Mahal Palace in Mumbai. The purpose was to showcase Bangladesh economy and its in...

Speakers at a seminar on Sunday observed that an equity and bond market can be an alternative way of financing that can reduce the existing unethical competition in the banking sector. “If government can create an equity and bond market, it would reduce the unethical competition to lend from bank...

Mutual Trust Bank Limited (MTB) recently opened a MTB Smart Banking (Kiosk) at Banasree, Rampura in Dhaka.