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.

Sahara starts journey with primary investment of $125m

Posted by BankInfo on Sat, May 26 2012 06:42 am
The Indian business giant Shahara Group will start its journey in Bangladesh with a primary investment of around US$125 million in housing project, said its Chairman on Friday.Subrata Roy Sahara, Chairman of the group, spoke at a press conference to inform media about the updates of his visit to ...

Banks blamed for poor credit support to women entrepreneurs

Posted by BankInfo on Sat, May 26 2012 06:33 am
Credit flow to women entrepreneurs has become low, due to non-cooperation of bank officials. A recent report, conducted by the SME & Special Programmes Department of Bangladesh Bank (BB), has revealed that a number of bank officials are reluctant to receive credit proposals from women entrepreneu...

Syria can’t open US bank account to pay UN dues

Posted by BankInfo on Sat, May 26 2012 06:25 am
UNITED NATIONS: Syria said Thursday it can’t pay its U.N. dues because American banks won’t allow the country to open an account and urged the United States to find a quick solution.

Rakub to be computerised by 2014

Posted by BankInfo on Sat, May 26 2012 06:17 am
RAJSHAHI: All the 367 branches of Rajshahi Krishi Unnayan Bank (RAKUB) to be computerized in phases by June, 2014 aimed at making its client services and other operational activities more expedited.

Checking Money Laundering APG wants guideline on stock market transactions

Posted by BankInfo on Sat, May 26 2012 06:12 am
The Asia Pacific Group (APG), a global anti-money laundering body, has asked the government to prepare a guideline on financial operations of local stock related companies to check money laundering.

Atiur opens Numismatic Exhibition.

Posted by BankInfo on Sat, May 26 2012 06:07 am
Bangladesh Bank (BB) Governor Dr Atiur Rahman inaugurated ‘Numismatic Exhibition-2012’ at the Dhaka GPO Friday, hoping that people, specially the children, will have an atypical scope to learn history, heritage, culture from the exhibition of currencies and coins of different countries.

DBBL opens new branch at Keraniganj

Posted by BankInfo on Thu, May 24 2012 07:42 am
Dutch-Bangla Bank Limited (DBBL) has opened its 117th branch Wednesday at Ruhitpur Bazar under Keraniganj thana in Dhaka.

IMF urges Britain to cut interest rates, resume QE

Posted by BankInfo on Thu, May 24 2012 07:34 am
The IMF yesterday urged the Bank of England to cut interest rates and pump more cash into the recession-hit economy, which has been hit hard by the debt crisis in major trading partner the eurozone.

SMEs receive free training on tax, VAT

Posted by BankInfo on Thu, May 24 2012 07:29 am
The SME Foundation started training the country's small and medium entrepreneurs on tax and value added tax for free to help them run businesses properly, officials said.

Foreign aid piles up, use of funds slows

Posted by BankInfo on Thu, May 24 2012 07:16 am
A huge amount of foreign aid has piled up in recent times, due to higher commitments by development partners but low utilisation of funds by the government.Over the last three fiscal years, the situation has worsened, much to the government's embarrassment.
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