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.

17th anniversary of Prime Bank Vow to carry banking services to un-banked people

Posted by BankInfo on Tue, Apr 17 2012 09:06 am
Prime Bank Ltd will grow further to consolidate its presence in the development of the country's economy. "We will turn 17 today (Tuesday) and our presence will be further expanded in near future," Md Shirajul Islam Mollah, chairman of Prime Bank Ltd told The FE in an interview recently.

Interbank Islamic money market: How far?

Posted by BankInfo on Tue, Apr 17 2012 08:41 am
One fine morning, at the end of 2011, I was overwhelmed with joy, being also grateful to the central bank as well as seven Islamic banks of the country. That was a piece of exciting news for the country's Islamic banking industry. Seven full-fledged Islamic banks and 15 dual or mixed banks, along...

Trade deficit widens by 17pc in 8 months

Posted by BankInfo on Tue, Apr 17 2012 08:28 am
The country's overall trade deficit widened by over 17 per cent to US$ 5.701 billion in the first eight months of the current fiscal year (FY '12) following higher import of petroleum products, officials said Monday.

BB asks banks to upgrade technology

Posted by BankInfo on Tue, Apr 17 2012 08:11 am
Bangladesh Bank (BB) has asked all scheduled banks to introduce advance technology to help central bank scan daily transactions in the commercial banks. According to BB, the latest move of the central bank is aimed at identifying suspicious transactions in order to check money laundering and terr...

HSBC employees’ photo show held

Posted by BankInfo on Tue, Apr 17 2012 08:08 am
Field research and photography work of four young employees of HSBC on ‘Butterflies species of Bangladesh’ went on display at a week-long exhibition at the Drik Gallery in the capital city.

Prime Cash for un-banked people launched

Posted by BankInfo on Tue, Apr 17 2012 07:59 am
Prime Bank is going to launch Platinum Card and biometric smart card "Prime Cash" this month to bring the unbanked people of urban and rural areas of the country under inclusive banking.

IBBL approves cash, stock dividends

Posted by BankInfo on Tue, Apr 17 2012 07:44 am
Islami Bank Bangladesh Limited (IBBL) has declared 25 percent stock and 7 percent cash dividend for the year 2011.

Thrust on healthy competition in banking sector

Posted by BankInfo on Mon, Apr 16 2012 10:20 am
The country’s leading economists and bankers have recommended for slashing interest rates spread through ensuring perfect competition among the banks, saying that rational level of spread would help boosting business activities across the country, says a press release.

RAKUB launches tree plantation

Posted by BankInfo on Mon, Apr 16 2012 10:16 am
RAJSHAHI: Rajshahi Krishi Unnayan Bank (RAKUB) launched tree plantation programme aimed at beautifying its headquarters premises with eco-friendly tree ‘Debdaru’ here today.

BRAC Bank inks deals with Microsoft

Posted by BankInfo on Mon, Apr 16 2012 10:08 am
BRAC Bank Limited recently signed two agreements - the Enterprise agreement and Select Plus agreement with Microsoft. Syed Mahbubur Rah- man, Managing Director and CEO of BRAC Bank Limited, and Jamie Harper, President, Micr- osoft Asia Pacific, signed the agreements on behalf of their respective...
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