Mobile banking services in Bangladesh are gaining popularity by the day, having impressively clocked in over six lakh subscribers in only a year.

Douglas Flint, HSBC group chairman, recently announced the launch of HSBC Water Programme, a new $100 million, five-year partnership with WWF, WaterAid and Earthwatch effort.

Mahbubul Alam Tara has been re-elected Chairman of the Audit Committee of NCC Bank Ltd, while Fakhrul Anwar was re-elected Chairman of the Executive Committee of the bank. The Board of Directors of NCC Bank at a meeting re-elected them.

Prime Bank Limited organised ‘Managers’ Meeting-2012’ at a city hotel in Dhaka. Md. Ehsan Khasru, Managing Director of the bank presided over the meeting, said a press release Tuesday.

The government has appointed two new directors of International Finance and Investment Corporation (IFIC) Bank from its stake.The Banking Division of the Finance Ministry Tuesday issued a circular in this regard.

The banks have a significant opportunity to extend services to an overwhelming number of the country’s three million readymade garment workers so that they can have access to savings and credit products, a study released by The International Finance Corporation (IFC), a member of the World Bank G...

The Executive Committee of the National Economic Council (ECNEC) Monday approved eight development projects involving Tk 30.39 billion.Prime Minister and ECNEC chair Sheikh Hasina presided over the meeting.

Local and foreign participants at a discussion Tuesday identified high bank interest rate as a big challenge for the growth of the Small and Medium Enterprises (SMEs) in Bangladesh. They also found low skills of both entrepreneurs and employees, and absence of proper technological support as oth...

Dutch-Bangla Bank Ltd (DBBL) and Seven Circle, Bangladesh Ltd have recently signed an agreement on mobile banking services at the DBBL head office, says a press release. The agreement was signed by Mohammed Ali Pasha, managing director of Seven Circle, Bangladesh Ltd, and Mir Mominul Huq, head of...

The local currency appreciated by more than Tk 0.20 against the dollar this week after a slight depreciation in the past week, central bank and treasury officials said.