Outgoing World Bank president Robert Zoellick on Tuesday gave his backing to a new development bank proposed by the leaders of the BRICS emerging countries. Zoellick said the World Bank would be prepared to work with the new financial institution, which was discussed by the leaders of Brazil, Rus...

NCC Bank Limited has opened two new ATM booths at Osmani Medical College and Naya Sarak in Sylhet recently.

Bangladesh Bank has invited nominations for “Bangladesh Bank Award-2011” from Bangladeshi citizens who have contributed lifelong in the economic field.

Bangladesh Krishi Bank (BKB) has recently launched two new products named “BKB Double Profit Scheme and BKB Monthly Profit Scheme” at its principal office in the city.

The Securities and Exchange Commission yesterday gave its nod to an amendment to the merchant banker and portfolio manager rules.The stockmarket regulator at a regular weekly meeting approved the modification in the rules after scrutinising public opinion on the amendment, the SEC said in a state...

Asian Development Bank (ADB) is providing $70 million in loan for further improvement to the quality of training for secondary school teachers in the country.

The Asian Development Bank (ADB) has backtracked on its plan to provide fund worth Tk 1.0 billion for the development of the Mongla seaport citing environmental reasons, officials said Monday.

Flow of remittance has maintained a steady trend as the country received remittances worth US$ 1107.49 million in March, up 4.51 million from the same month of the last fiscal year.

Kanti Kumar, a senior banker, recently joined Prime Bank Limited (PBL) as Deputy Managing Director (DMD).

ASM Feroz Alam and Alhaj Akram Hussain (Humayun) have been elected as Vice Chairmen of Mercantile Bank Limited. The election was held after the re-constitution of the Board of Directors of the bank recently.