Failure to boost power generation can hold back industrial expansion, and political instability can affect economic development in Bangladesh this year, said the Asian Development Bank (ADB), in its latest Asian Development Outlook (ADO) report. The government should maintain close coordination b...

ONE Bank Limited has recently opened a booth at National Housing Authority (NHA) in the city.

Rupali Bank Limited has organised Dhaka divisional annual conference-2012 at Monisingh Forhad Trust Auditorium in the city recently.

Commercial banks have brought down the interest rate on deposits quickly after a self-imposed cap earlier this month, but the lending rate is still above the ceiling. The Association of Bankers Bangladesh (ABB) decided to offer an interest rate of 12.5 percent on deposits and charge 15.5 perce...

Bangladesh Bank's January 26 monetary policy statement (MPS) told us that the taka experienced a depreciation of 20% against the dollar over the last 12 months (until January last), foreign exchange reserves declined to a level not sufficient enough to support three months' import bills, while in...

Islami Bank Bangladesh Limited (IBBL) organised a reunion of central and deputy leaders of Rural Development Scheme (RDS) at Narayanganj Club in Narayanganj recently.

Dutch-Bangla Bank Limited (DBBL) held a workshop on ‘Green Banking Policy and Environmental Risk Management’ at its Training Wing in the city recently.

Bangladesh Bank (BB) has advised leasing and finance companies to collect their necessary funds from bond market and take support from the central bank’s revolving fund through increasing their investment in agriculture sector.

The central bank will take measures to develop a strong bond market for the private sector financial instructions to create opportunity for collecting more funds through issuing bonds. Bangladesh Bank Governor Dr. Atiur Rahman sought cooperation from the Non-Banking Financial Institutes (NBFI)...

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) opposed the banks' decision to increase interest rate on already disbursed loans. President of the country's apex business body FBCCI Mr A K Azad Saturday said that the banks were demanding more than 18 per cent interest on the...