State Bank of India has become a sponsor of the forthcoming 3rd Indo-Bangla Trade Fair (IBTF-2012), to be held in Dhaka from May 31at the Pan Pacific Sonargaon Hotel, says a press release.

Additional managing director (AMD) of Mutual Trust Bank (MTB), Ahsan-uz-Zaman, observed that bank interest rates in Bangladesh is still very high. “I personally think the interest rate is very high, but it is a function of the inflation rate and it is also a function of the cost of deposit in the...

Dutch-Bangla Bank has opened its 115th branch at Mirer Bazar, Pubail at Fouzia Sarker Commercial Complex, Kamargaon, Mirer Bazar, Pubail, Gazipur on Sunday.

Padma Oil Company, Shahjalal Islami Bank Limited and Export Import (EXIM) Bank of Bangladesh on Sunday declared dividends for the year that ended respectively on June 30 and December 31, 2011.

Bangladesh Bank has asked two state-owned banks and one private commercial bank not to provide any further loan to Rahman Group as a number of sister concerns of the company have become loan defaulters with huge amount owed to different commercial banks.

Bangladesh Bank (BB) Governor Dr Atiur Rahman on Sunday stressed the need to digitise the country’s banking and financial sector as the first step towards building the digital Bangladesh.

Food Minister Dr Abdur Razzaque on Sunday sought cooperation from the SAARC member countries to make the SAARC Food Bank a real success.

Regulatory bindings have forced private commercial banks to roll out more money to the farm sector in the current fiscal year, according to data from Bangladesh Bank.

Finance Minister AMA Muhith yesterday signalled a further hike in fuel and power prices in the next budget to reduce the subsidy burden on the government. Muhith sat at a pre-budget meeting with the editors and other senior journalists of the print and electronic media at his ministry.

Dinesh Weerakkody, chairman of Commercial Bank of Ceylon, and Ravi Dias, managing director, arrived in Dhaka today for a four-day visit, according to a statement of the bank.