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.
Merchant banks are NBFIs: BB
Posted by Thu, Jun 14 2012 05:37 am
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The central bank has defined merchant banks as non-banking financial institutions (NBFIs), creating confusion over the status of the merchant banks, which are involved in share market activities, not in the financial sector.
Big Four's new money
Posted by Thu, Jun 14 2012 05:31 am
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Many more years of money printing from the world's big four central banks now looks destined to add to the $6 trillion already created since 2008 and may transform the relationship between the once fiercely-independent banks and governments.
JP Morgan's $2b experiment
Posted by Thu, Jun 14 2012 05:18 am
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Jpmorgan Chase & Co blames its $2 billion, and maybe much larger, trading loss on mistakes made in hedging the market. Bill Black, a finance criminologist, calls this “hedginess.”
Economists doubt 7.2pc GDP growth next year They point to govt's poor implementation capacity
Posted by Thu, Jun 14 2012 05:10 am
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A panel of economists yesterday doubted the chances of the government of achieving 7.2 percent economic growth in the next fiscal year.
The government may fail to reach the goal due to weak export growth amid a sluggish global demand and the presence of energy and infrastructure constraints to b...
AB Bank training on anti-money laundering held
Posted by Wed, Jun 13 2012 09:12 am
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AB Bank recently organised a day-long training programme on "anti-money laundering and anti-terrorist financing" in Mymen-singh.
BB signs deal with Dhaka Bank on brick field technology
Posted by Wed, Jun 13 2012 09:06 am
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Bangladesh Bank and Dhaka Bank Limited recently signed a participation agreement on refinancing in Hybrid Hoffman Kiln (HHK) or equivalent Technology of Brick Field.
Greeks must pay their taxes: IMF
Posted by Wed, Jun 13 2012 08:58 am
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WASHINGTON: IMF chief Christine Lagarde said Tuesday that there is room for easier fiscal policies in Europe's strained economies, but she pressed home again that Greeks must pay their taxes to strengthen their economy.
Western Union’s service launched at IBBL
Posted by Wed, Jun 13 2012 08:18 am
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Western Union’s service was launched at Islami Bank Bangladesh Limited at a function at Pan Pacific Sonargaon Hotel, Dhaka Tuesday.
DSE, investors protest Muhith's stockmarket remark
Posted by Wed, Jun 13 2012 08:11 am
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The Dhaka Stock Exchange and small investors yesterday protested the finance minister's comment that the stockmarket is an 'evil market'.
NCC Bank re-elects top brass
Posted by Wed, Jun 13 2012 08:06 am
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NCC Bank has recently re-elected Md Nurun Newaz Salim as its chairman and Mostafizur Rahman Dulal as vice chairman, the bank said in a statement yesterday.