The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh yesterday launched its Export Excellence Awards for a third year to recognise five exporters for their outstanding performance in 2011.

Prime Bank Limited launched its Mobile Banking Service "Easy Cash" recently at the Bank's Corporate Office premises. Deputy Managing Director of the Bank Ahmed Kamal Khan Chowdhury launched the Service as the chief guest. Deputy Managing Directors I B Chowdhury, Md.

Ali Reza Iftekhar, Managing Director & CEO, Eastern Bank Limited launching the "Student Banking" Tuesday at a press conference.

BRAC Bank employees pay homage to martyrs On the eve of the Independence Day, employees of BRAC Bank paid homage to martyrs of the liberation war. BRAC Bank employees gathered together, hoisted national flag and sang the National Anthem. They placed floral wreathe to makeshift national memo...

Probashi Kallyan Bank will set up 13 liaison offices in different foreign missions to help increase remittance from workers abroad through the legal channel and introduce the banking services among the non-resident Bangladeshis.

The Ministry of Food and Disaster Management has sought the central bank's intervention to ease opening of letters of credit (L/Cs) in banks for wheat imports, officials said.

The government is going to increase bank borrowings substantially, to the extent of Tk 294 billion, to finance the budget deficit of the current fiscal year ending June affecting private investment. "The figure of revised government borrowing from the banking system for FY'12 will be finalised...

India’s rupee hit a ten-week- low against the dollar yesterday but clawed back ground amid reports that the central bank had intervened in the foreign exchange market to boost the currency, traders said.

The Securities and Exchange Commission (SEC) on Tuesday warned the First Security Islami Bank for non-compliance of the Commission’s directives regarding dissemination of price sensitive information within the stipulated time.

Japan's finance minister yesterday signaled Tokyo's willingness to support Jim Yong Kim, the US nominee for the next World Bank chief, a report said.