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.

StanChart to widen SME reach Top official explains why Bangladesh market is important for them

Posted by BankInfo on Thu, Apr 12 2012 08:50 am
Standard Chartered Bank has decided to focus more on small and medium enterprises in Bangladesh amid growing demand for funds from its clients, said a senior official of the global banking giant.

Economy to take hit from global headwinds: ADB The agency says GDP may slow to 6.2pc this fiscal year, 6pc next

Posted by BankInfo on Thu, Apr 12 2012 08:32 am
Bangladesh's economic growth may slow in two back-to-back years due to falling exports and a hike in interest rates, the Asian Development Bank (ADB) said yesterday.

AB Bank Limited on the eve of its 30 years anniversary organized

Posted by BankInfo on Wed, Apr 11 2012 12:28 pm
AB Bank Limited on the eve of its 30 years anniversary organized a round table discussion titled "Recent Reforms in Bank Regulation and Supervision" in the city Tuesday.

Bangladesh, Malaysia sign MoU on Padma Bridge construction Two PMs exchange greetings, call event 'historic'

Posted by BankInfo on Wed, Apr 11 2012 10:59 am
Bangladesh signed a memorandum of understanding (MoU) with Malaysia in Kuala Lumpur to build a 6.15 km multi-purpose bridge across the river Padma, officials said in Dhaka on Tuesday. The MoU will also help put in place other related infrastructure projects, they said.

EBL launches prepaid card for ACCA students

Posted by BankInfo on Wed, Apr 11 2012 10:46 am
Eastern Bank Ltd (EBL) jointly with Association of Certified Chartered Accountants (ACCA) Bangladesh launched a co-branded prepaid and virtual card for the ACCA students, says a press release.

RAKUB gets new DMD

Posted by BankInfo on Wed, Apr 11 2012 10:17 am
Abu Hanif Khan joined Rajshahi Krishi Unnayan Bank (RAKUB) as its new deputy managing director (DMD) on his promotion to the post. Prior to his new assignment, he was general manager of Karmasangsthan Bank. Earlier, he also served as general manager of RAKUB and deputy general manager of Banglade...

Staff shortage hits Bangladesh Bank works

Posted by BankInfo on Wed, Apr 11 2012 10:14 am
Shortage of manpower at the central bank is affecting routine works, including timely supervision of the 47 banks’ operation in the country at present, said sources in the Bangladesh Bank (BB). They said that the recent approval of nine new banks - six new private commercial banks and three other...

Dhaka stocks make 115-point gain

Posted by BankInfo on Wed, Apr 11 2012 10:01 am
Stocks traded on the Dhaka Stock Exchange (DSE) posted substantial gain on Tuesday as investors shook off the worries on a high court show cause notice regarding directors’ compulsory share purchase.

IMF decides today on $1b credit for Dhaka

Posted by BankInfo on Wed, Apr 11 2012 09:53 am
The board of the International Monetary Fund (IMF) sits in Washington today to decide on a US $1 billion credit facility for Bangladesh.

StanChart, BRCS arrange blood donation drive

Posted by BankInfo on Tue, Apr 10 2012 11:32 am
As part of ongoing employee volunteering initiatives, Standard Chartered Bank has recently organized a blood donation program along with Bangladesh Red Crescent Society at the Bank's Head Office.
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