The European Central Bank may cut interest rates again soon as the eurozone debt crisis deepens, but it will continue to insist that it is up to governments to find a lasting solution, analysts say. ECB watchers predict the central bank—which will hold its regular policy-setting meeting next week...

Dutch-Bangla Bank (DBBL), Airtel and Bitopi Group signed an agreement on Mobile Banking Services at the DBBL Head Office.

The government is unlikely to reduce taxes on SIM (Subscribers Identification Module) cards and mobile phone calls with a view to increasing its revenue income, finance ministry officials said.

Bangladesh Bank (BB) Governor Dr Atiur Rahman viewed the conventional banking as based on ‘fragile structure’ and hence, the world now rethinks of the Islamic banking in many cases.

Bangladesh's per capita income went up to $848 in the current fiscal year from $816 last year, but is still way short of the $1,006 needed to pull the country up to the middle-income bracket.

A new type of call money market -- Islamic Inter-bank Fund Market (IIFM) -- for sharia-based banks started its journey yesterday.In such a market, transactions are based on profit instead of interest.

The government and development partners are working on resolving the issues that have been holding back the disbursement of foreign aid of more than $16 billion, a top economist of the World Bank said yesterday.

Trust Bank Ltd, one of the third generation private commercial banks of the country, plans to expand its reach by opening more rural branches, ATM booths and pay-points countrywide.

Both the stock exchanges will start trading at 10.30 am instead of 11.00 am from today (Sunday) to match with the banking hours, officials said.

Standard Chartered Bank organized a workshop last week on "Financial Risk Management" for Dhaka Export Processing Zone (EPZ) client entities. The workshop was aimed at shedding light on the national economy and its implications for the business concerns.