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.
Robi-Jamuna Bank deal on mobile remittance
Posted by Thu, Jun 28 2012 09:01 am
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Robi Axiata Limited and Jamuna Bank Limited signed an agreement on channeling remittance through mobile telecom network.
Al-Arafah Bank opens branch in Pabna
Posted by Thu, Jun 28 2012 08:48 am
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Al-Arafah Islami Bank Limited has opened its 93rd branch at Sonapotti in Pabna Wednesday.
IBBL opens branch in Kurigram
Posted by Thu, Jun 28 2012 08:40 am
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Islami Bank Bangladesh Limited has opened its 274th branch at Bhurungamari in Kurigram.
Don’t tighten term-loan rules Apparel industry leaders urge BB
Posted by Thu, Jun 28 2012 08:33 am
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The readymade garments (RMG) and textile sector entrepreneurs Wednesday urged the government not to enforce the recently issued Bangladesh Bank (BB) circular which tightened rules for classification, provisioning and rescheduling of term loans.
HSBC selling stakes in Axis Bank, Yes Bank
Posted by Thu, Jun 28 2012 08:25 am
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UK lender HSBC on Tuesday offered its entire stakes in Axis Bank and Yes Bank through share sales worth up to 24.5 billion rupees, according to a term sheet obtained by Reuters.
Apparel makers seek exemption from BB's new loan rules
Posted by Thu, Jun 28 2012 08:09 am
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Garment makers yesterday demanded to exclude the apparel sector from the central bank's new rules for loan classification, rescheduling and provisioning, as the country's highest foreign currency earning sector is passing through a critical time.capital m
Stocks continue to rise Turnover on Dhaka bourse goes up 71pc
Posted by Thu, Jun 28 2012 08:01 am
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Stocks continued to rise yesterday on the back of the news of compensation by the government to around 9.33 lakh small investors hit by the stock market turmoil.
Shahjalal Islami Bank re-elects top brass
Posted by Thu, Jun 28 2012 07:47 am
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Anwer Hossain Khan has recently been re-elected as chairman of Shahjalal Islami Bank Ltd, according to a statement of the bank yesterday.
Food import dips by half, govt saves $1b on bills
Posted by Thu, Jun 28 2012 07:38 am
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Food grain imports have fallen by 56 percent in the current fiscal year, cutting the country's import bills by $1 billion, thanks to a rise in production of rice at home.
City Bank, IFC join hands
Posted by Wed, Jun 27 2012 09:59 am
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The City Bank Limited has recently signed agreements with International Finance Corporation (IFC) for participation in global trade finance programme and short term rollover loan facilities, says a press release.