Bangladesh Bank has recently directed the Securities and Exchange Commission (SEC) for boosting secondary bond market to meet the existing liquidity crisis of the banking sector.

Standard Chartered bank said Wednesday it saw a record net profit of 3.53 billion euros ($4.75 billion) in 2011, boosted by strong performance in developing economies. The London-based but Asia-focused bank said the net profit figure was up 12 percent from the year before, thanks to operating in...

Bangladesh Bank yesterday asked all banks not to offer any interest rate on deposits beyond the declared rate.

Bangladesh Petroleum Corporation (BPC) owes state-owned banks more than Tk 17,000 crore as of January 12, making the banks reluctant to open further letters of credit meant for fuel import. The banks have already conveyed their stance on LC opening at a high level meeting with Finance Minister A...

Country's first 'Organ Transplant Centre', set up at Ibrahim Cardiac Hospital and Research Institute, has been more equipped and modernised with the financial support of Dutch-Bangla Bank Ltd (DBBL).

The central bank has issued show-cause notices on three commercial banks for their alleged violation of announced interest rates on deposit, officials said Tuesday.

The Securities and Exchange Commission (SEC) has given a green signal to the proposal of Bank Asia to issue subordinated zero coupon bond worth Tk 110 crore. The raised fund will be used to expand its investment in various sectors and consolidate its capital base in line with the Basel-II framewo...

Bangladesh needs to create 1.5 million new jobs every year over the next 20 years to ensure development in line with its socio-economic demand, a World Bank report says. Accelerating growth in Bangladesh’s per capita income has added nearly 1.2 million new jobs every year and improved job quality...

Shahjalal Islami Bank Limited has organized its 473rd meeting of the executive committee (EC) at its head office in the city recently.

Bangladesh Krishi Bank (BKB) has opened its 980th branch at Mogra Bazar in Tangail recently.