Emerging economies must be given a fair shot at leading the institutions at the heart of global finance or they will end up going their own way, a challenger for the top job at the World Bank said. "The balance of power in the world has shifted and emerging market countries are contributing more...

Bangladesh spent only 7.3 percent of foreign aid in the first seven months of the current fiscal year, which is the lowest in the last three fiscal years. The Economic Relations Division (ERD) found a number of reasons behind the slow pace in using foreign aid, including delays in bidding proc...

Operation and lending activities of Rajshahi Krishi Unnayan Bank (RAKUB) should be more transparent and accountable for restoring farmers-friendly banking services in the greater interest of boosting agricultural production in the country’s northwest region.

FIC Bank has donated Tk 500,000 to the Biswa Shahitya Kendra for purchasing books. A chaque was handed over to President and Chief Executive of the Kendra Prof. Abdullah Abu Sayeed at a simple ceremony at the Kendra at Bangla Motor on Tuesday.

The 112th branch of Dutch-Bangla Bank Limited was opened at Court Road in Brahmanbaria district town recently. The branch will provide on-line banking facilities to the clients from the opening day, said a press release.

Bangladesh economy presently stands at $100 billion and this could have been double to $200 billion with better management of fund by the commercial banks, said a former caretaker government adviser yesterday.

Southeast Bank Limited has donated Tk 1 million to Dhaka University (DU) recently.

Former adviser to caretaker government Syed Manzur Elahi Saturday laid emphasis on proper credit risk management by banks, saying that the size of Bangladesh economy presently stands at US$ 100 billion which could have been double to 200 billion with better management of fund by the commercial ba...

Bangladesh Bank (BB) is set to approve licence for new commercial banks in a meeting of its board of directors to be held on March 27. A senior BB official said this but could not confirm how many banks will get approval from the board.

The Chairman of Shahjalal Islami Bank Limited Alhaj Anwer Hossain Khan handed over a cheque worth Taka 1.0 million (10 lac) recently to Professor A A M S Arefin Siddique, Vice Chancellor of Dhaka University for supporting 46th Convocation of DU.