Mutual Trust Bank Limited (MTB) opened two ATM booths at Uttara in the city. SC Ghosh, Managing Director of Associated Builders Limited formally inaugurated the ATM booths at ABC Heritage Building recently, said a press release.

State-run commercial banks are running with 11.27 percent default loans, double the industry average, although they were corporatised about five years ago to make a turnaround, the central bank said yesterday.

Al-Arafah Islami Bank Ltd recently launched its 'Fast Cash' debit card for its clients. Badiur Rahman, Chairman of the Bank, inaugurated the operation of new debit card at a function as Chief Guest, said a press release.

HSBC Group recently issued international Renminbi Bond (RMB) in London, first time outside of Chinese sovereign territories. The group issued the bond in London, the global financial hub, marking a milestone in its efforts to become a centre for offshore RMB trading alongside Hong Kong, said a pr...

Ibsan Islam Edi and Ibnat Islam Etu The central bank has finally approved nine more banks in addition to existing 47 commercial banks in Bangladesh. Three new NRB commercial banks, sponsored by non-resident Bangladeshis (NRBs), and six private commercial banks (PCBs), have been approved aiming...

Institute of Training Innovative Management and Technology, Intimate, singed a memorandum of understanding (MoU) with Acasia Global Consulting, Kolkata, India at a Hotel in Gulshan, Dhaka recently to establish a strategic partnership for jointly providing advanced management training and consulti...

National Bank Limited (NBL) organised a workshop on 'Prevention of Money Laundering and Combating Financing of Terrorism' at its Training Institute premises in the city recently.

Extensive use of advanced technology, high velocity analytical tools and applications by regulators and financial institutions can ensure sustained and inclusive growth which will result from a robust analytics driven system of financial governance, risk management and regulatory oversight.

Industries Minister Dilip Barua Wednesday said that the banks are not complying with the provision to give collateral-free loan up to Tk 2.5 million for women entrepreneurs of SME (small and medium enterprise) sector.

Bangladesh's economic growth will slow down to 5.9 percent in the current fiscal year, largely due to falling exports and sluggish investment, the International Monetary Fund said on Tuesday.