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.

ECB to hold fire on growth steps in crisis-hit Spain

Posted by BankInfo on Fri, May 04 2012 08:27 am
The European Central Bank will resist pressure to do more to fight the euro zone crisis when it meets in Barcelona on Thursday, holding fire despite calls to restart its bond-buying program to help austerity-hit Spain.

Jamuna Bank gets new chairman

Posted by BankInfo on Fri, May 04 2012 08:21 am
Md. Mahmudul Hoque has been elected chairman of the board of directors of Jamuna Bank Limited.

Remittance inflow slows a bit

Posted by BankInfo on Fri, May 04 2012 08:08 am
Inward remittances fell 2.43 percent to $1.08 billion in March compared to a month ago, but the overall growth in the first ten months of the current fiscal year reached near 11 percent.

UCB 29th AGM

Posted by BankInfo on Fri, May 04 2012 07:57 am
Akhtaruzzaman Chowdhury MP, chairman of United Commercial Bank, presides over the bank's 29th annual general meeting at Bashundhara Convention Centre in Dhaka recently.

Mercantile Bank opens ATM booth at Rampura

Posted by BankInfo on Thu, May 03 2012 11:43 am
Mercantile Bank Limited opened its 41st ATM booth at Rampura branch, West Rampura in Dhaka.

IMF rejects call to cut ties with Iran

Posted by BankInfo on Thu, May 03 2012 11:38 am
WASHINGTON: The International Monetary Fund yesterday rejected a call by a US anti-Iran group for it to cut its relations with Tehran's central bank in order to adhere to US and European sanctions.

BTMC shares 53pc of classified loans

Posted by BankInfo on Thu, May 03 2012 10:41 am
State-run Bangladesh Textile Mills Corporation (BTMC) shares 53.86 percent of the total classified loans that 38 public entities owed to five state-owned commercial and specialised banks till March this year.

BRAC Bank retools retail banking

Posted by BankInfo on Thu, May 03 2012 10:29 am
BRAC Bank yesterday launched its new retail banking model to provide more customised and convenient services to fulfil the requirement of its customers. Under the model, the bank introduced four segments: Premium, Supreme, Excel and Easy.

Asia to surpass Europe, US in wealth by 2030, says ADB

Posted by BankInfo on Thu, May 03 2012 10:25 am
Southeast Asian nations, China and India together may surpass the US and Europe combined in terms of wealth by 2030 if the Asian economies take quick steps to overcome challenges and reduce risks, according to a new book.

BB's online system helps forex growth

Posted by BankInfo on Thu, May 03 2012 10:17 am
The online export monitoring system introduced at Bangladesh Bank has ensured fast realisation of export proceeds that helps drive the growth of foreign currency reserves, officials said yesterday.
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