Bangladesh Krishi Bank (BKB) has geared up its loan disbursement drive in order to boost agricultural production in the country.

Bangladesh Commerce Bank Limited (BCBL) recently arranged a workshop on “Prevention of Money Laundering and Terrorist Financing” for its officials. SA Chowdhury, CEO and managing director of the bank, formally inaugurated the workshop at the training institute of the bank, said a press release...

The crisis at Kingfisher Airlines escalated further with the Service Tax department here freezing as many as 40 bank accounts of the already crippled airline for non-payment of dues to the tune of Rs 400 million.

The central bank has proposed extensive amendments to the banking law, including changes to the definition of default loan and lenders' involvement in the capital market, to ensure better governance in the sector.

Eastern Bank Limited (EBL) organized a feedback session on "Operation Risk & Anti Money Laundering Act'' for their staffs at conference room of Metropolitan Chamber of Commerce & Industry, Dhaka recently. A total of 69 Branch Anti Money Laundering Compliance Officers and Customer Service Managers...

Islami Bank Bangladesh Limited (IBBL) shared responsibilities of financial support to four families of the martyred army officers in the Pilkhana carnage amounting Tk 40,000 per month for each family totaling Tk 1 crore 92 lakh for ten years.

The central bank on Wednesday imposed restriction on commercial banks regarding changes in deposit and lending rates. It also asked all the scheduled banks to go by the directives to keep deposit rates within 12.5 percent and lending rate 15.50 percent respectively.

The technical committee on opening new private banks will soon start collecting information of the applicants to know their eligibility to run financial institutions, a Bangladesh Bank source said yesterday.

IFIC Bank management has decided to increase the authorised capital of the bank from existing Tk 5.35 billion to Tk 20 billion.

Bangladesh Bank (BB) has reissued its directives to the scheduled banks asking them not to provide interest or profit to the fixed or term depositors above the fixed and announced rates. The Bank Rules and Policy Department (BRPD) of BB reissued the circular on Wednesday.