Nobel Peace Laureate Professor Muhammad Yunus addressed a roundtable meeting of European Investment Bank (EIB) to brief the top executives of the EIB on social business, in Luxembourg recently, according to a press release. The President of the European Investment Bank, Werner Hoyer had organised...

Premier Bank Training Institute (PBTI) organised a day-long workshop on “Islamic banking, operational procedures” in the city yesterday.

Four state-owned banks (SoBs)- Sonali, Agrani, Rupali and Krishi Bank- currently suffer 45 percent of total classified loans in industrial sector of the country, showed Bangladesh Bank data.The total classified loan in the sector stood at Tk 71.54 billion early in the current fiscal, which is 5.2...

When the banking industry is grappling with high cost of funds and going with higher lending rates, a top banker said the soaring costs of borrowing will threaten the entrepreneurs and the overall economy in the days to come.“Doing business is becoming costlier as the borrowing cost is getting da...

Mutual Trust Bank Limited (MTB) recently opened its 79th ATM booth in Jessore.

Wasfia Nazreen, a Bangladeshi mountaineer, is set to leave country today to climb to the summit of the Earth's highest Mount Everest as her third expedition after having reached two other highest peaks of two continents.

Hike in prices and increase in the demand for fuel oil are the main reasons behind inflation, the Bangladesh Bank believes. ”Basically hikes in prices of necessities in the international market and fuel oil in local market, along with increased demand for fuel oil, appear to be the main reasons f...

Default loans of 47 banks rose to Tk 29147.67 crore at the end of the year 2011, Bangladesh Bank (BB) statistics revealed. The central bank in its latest inspection report identified the defaulters of the 47 banks and asked the respective management of the banks to accelerate the recovery drive. ...

The state-owned Rupali Bank Limited has organized divisional managers’ conference-2012 of Khulna held at the conference room of Hotel City Inn in Khulna recently.

BRAC Bank disbursed Tk 2.75 million as ‘spot loan’ to three SME entrepreneurs during the “SME Entrepreneurs and Bankers Conference” in Barisal recently.