The World Bank's fund disbursement for different projects increased by 31 percent to $400 million in the first 10 months of current fiscal year, the lender said in a statement yesterday.

The board of directors of Brac Bank has recommended rights share for the existing shareholders to raise its paid up capital.

Dutch-Bangla Bank Limited (DBBL) has opened its 116th branch at Ashulia Sunday. Equipped with all modern facilities, the new DBBL branch will provide truly on-line banking facilities to the clients from the opening day of the branch.

Prime Bank Limited achieved "The Daily Star-DHL Bangladesh Business Award-2011" in the category of Best Financial Institution.

Atiur Rahman The annual board meeting of the Asian Clearing House (ACU) is a unique platform for exchange of experiences and ideas on the opportunities and challenges in deepening ACU intraregional trade and investment relationships that keep arising from unfolding developments in the regional...

Bangladesh Bank (BB) has increased the interest rate for green banking aiming to encourage the commercial banks to strengthen disbursement of the loan under its refinance scheme, officials said.Under the new provisions, the interest rate on bio-gas and cattle farming has been fixed at 11 per cent...

The World Bank (WB) has suggested for inclusion of a new guideline by the Bangladesh Bank (BB) on government bailout funds under the proposed Bank Company Act (BCA)-2012, to help cope with any emergency situation in the economy, a top official in the BB said.

Finance Minister AMA Muhith on Saturday identified corruption and lack of proper enforcement of law as the main to ensuring good governance in Bangladesh.He said reducing corruption is possible through ensuring involvement of people in every spheres of the governance and ensuring accountability a...

The Asian Development Bank has recently concluded its 45th annual meeting of board of governors in Manila. Established in the mid-sixties, ADB has grown in size and prestige over the decades.

The Performance Review Meeting for the managers of Exim Bank was held at the Exim Bank Head office Saturday for evaluating the total performance and financial situation of the bank.