Bangladesh’s commercial banks’ exposure to the stock market came down to almost four-fifth of their legal limit—in a sign of avoiding risky investment on stocks which remain extremely volatile over the years. As of March this year their total investment stood at around Tk 160.0 billion (Tk 16,000...

First Security Islami Bank Limi-ted (FSIBL) opened a branch at Kona-para in Dhaka Wednesday.

KATHMANDU: The World Bank is increasing its efforts in Nepal at helping authorities and communities improve the nutritional status of the country's most vulnerable populations.

BRAC Bank Limited approved 50 percent rights share or one rights share against two shares at the rate of Tk 25 each including premium of Tk 15 for raising paid-up capital of the bank.

Mohammad Shawkat Jamil has recently been promoted as the deputy managing director of United Commercial Bank, the bank said in a statement yesterday.

The new Bangladesh Bank directive on loans will compel many businesses to default and slow down export growth, the Exporters Association of Bangladesh (EAB) said yesterday.

Banking facilities such as disbursement of remitted money, money transfer within the country, cash deposit, withdrawal, account opening are now available at 320 Singer Plus and Singer Mega outlets across the country. Mr. A M Hamim Rahmatullah, Managing Director & CEO of Singer Bangladesh Limited ...

Spain’s recession is deepening in the second quarter as the economy takes a battering from the financial markets, the nation’s central bank said Wednesday.

Moazzem Hossain, assistant general manager of Rajshahi Krishi Unnayan Bank (RAKUB) has won the gold medal for his outstanding performance in MBA programme of Rajshahi University.

Dutch-Bangla Bank Ltd (DBBL) and Asiatic Laboratories Ltd have recently signed an agreement on mobile banking services at the DBBL head office, says a press release. The agreement was signed by Monir Ahmed, managing director of Asiatic Laboratories Ltd, and Mir Mominul Huq, head of mobile banking...