Bangladesh Bank's (BB's) board of directors on Wednesday approved three new banks sponsored by non-resident Bangladeshis (NRBs). "However, the BB board has decided to further evaluate the shortlisted applications for conventional banks. Today's meeting is being 'adjourned', and the board will sit...

AB Bank yesterday celebrated its 30 years of commercial operation at a programme at Ruposhi Bangla Hotel in the capital.

Dr S Hafeez Rahman is the director general of Asian Development Bank's South Asia Department (SARD), a post that has never been held by a South Asian. SARD that covers Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka is ADB's largest department. Dr Rahman, who retires today from ADB afte...

The National Board of Revenue (NBR) has asked all scheduled banks to send information on bank accounts and other transactions of Destiny 2000 Ltd and its sister concerns within seven days.

AB Bank Limited’s Chairman M Wahidul Haque said the bank intends to widen its share of investments in commerce and industry of the country with a view to strengthening its role in national development.

Citibank, NA Banglad- esh has observed the seventh 'Global Comm- unity Day' to mark citi’s 200th anniversary with a commitment to serve the society. Bangladesh is the first country out of the 18 markets where Citi operates in the Asia Pacific region to start Citi’s volunteer initiatives this year...

Md Mahbub-ul-Alam, Deputy Managing Director of Islami Bank Bangladesh Limited addressing a workshop on "Regulatory Issues on Import Trading" organised by the bank's Foreign Trade Operations Division in the city recently.

reports Reuters from Yangon Bank credit to the private sector was up 63.7 percent in the 12 months to March, a recent Economist Intelligence Unit report shows. Overall domestic credit growth was 32 percent in August 2011 from the same month the previous year, it said.

A research work of the Bangladesh Bank (BB) has found that the country's high inflation has positive relationship with its remittance earning.The positive relationship implies that higher inflation in home country, which reduces the purchasing power of migrants' families, induced the migrants to ...

The World Bank, now probing into the alleged irregularities in the bidding for Bangladesh's biggest Padma Bridge Project, has temporarily barred a unit of SNC-Lavalin, a big Canadian engineering company, from bidding on new bank projects, according to online reports.