News

Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

BB initiates new policy to stimulate bonds market

Posted by BankInfo on Tue, Feb 28 2012 08:13 am
The Bangladesh Bank (BB) has undertaken a new policy to stimulate the bonds market.At a tri-monthly coordination meeting, the BB on Monday urged the Insurance Development Regulatory Authority (IDRA) to enhance their investment in the government securities.

HSBC upbeat on Asia as profit hits $22b

Posted by BankInfo on Tue, Feb 28 2012 08:05 am
HSBC Holdings Plc, Europe's biggest bank, predicted growth in Asia and other emerging markets would outweigh sluggish European economies this year as it posted a $21.9 billion profit for 2011, the best outturn by a western bank so far.

WB focuses on how to tackle future crisis

Posted by BankInfo on Tue, Feb 28 2012 07:57 am
The World Bank Group has responded to the global economic crisis effectively, but it will face difficulties to address similar levels of crisis response in future, said a report sponsored by the global lender. The group, therefore, has to develop a roadmap for future crisis preparedness, said ...

Financing Padma bridge: Giving World Bank a last chance to change its mind

Posted by BankInfo on Mon, Feb 27 2012 10:09 am
There will be a bridge over Padma river, this much is certain but who will finance it and when have become a multi-billion dollar question. The usual lenders of such projects were lined up soon after the present government came to power. According to agreement reached in January 2009 the World Ba...

MTB Securities, MTB Capital hold business confce

Posted by BankInfo on Mon, Feb 27 2012 09:53 am
MTB Securities Ltd. (MTBSL) & MTB Capital Limited (MTBCL), two fully owned subsidiary companies of Mutual Trust Bank Ltd. (MTB) jointly held their Annual Business Conference 2012 recently at MTB Square in the city.

Tk 33.11 lakh BKB loan for Chuadanga farmers

Posted by BankInfo on Mon, Feb 27 2012 09:42 am
Bangladesh Krishi Bank (BKB) distributed Tk 33.11 lakh as agriculture and business loan to 5, 857 persons in four upazilas of the district during the first seven months (till January) of the current fiscal. The four upazilas of the districts are Chuadanga Sadar, Alamdanga, Damurhuda and Jibannagar.

Islami Bank’s Waqf account for poverty-cut

Posted by BankInfo on Mon, Feb 27 2012 09:37 am
The Islami Bank Bangladesh Limited (IBBL) has become a trend-setter in the country by introducing ‘Cash Waqf’ in the field of poverty alleviation and social welfare. IBBL officials said in Dhaka on Sunday, ‘Cash Waqf’ provides a unique opportunity for making investment in different religious, edu...

DBBL holds workshop for officials

Posted by BankInfo on Mon, Feb 27 2012 09:27 am
Dutch-Bangla Bank Lim- ited (DBBL) has organised a workshop on “Rationalised Input Templates for Banks” for its officials.

Trust Bank opens branch in Kishoreganj

Posted by BankInfo on Mon, Feb 27 2012 09:19 am
Trust Bank Limited has opened a new branch at Teri Potti, Boro Bazar, Kishoreganj on Sunday.

Forex reserve may cross $10b this week: BB

Posted by BankInfo on Mon, Feb 27 2012 09:17 am
The foreign exchange reserve is rising with falling import costs and a better remittance inflow, according to the Bangladesh Bank (BB).
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