Bangladesh Bank yesterday refuted the media reports that claimed fake notes worth of Tk 5,000 enter the country's market every day, and one in every three to four notes is fake. The BB issued a statement following the comments made by analysts at a roundtable that said the circulation of fake ...

Bangladesh Bank yesterday refuted the media reports that claimed fake notes worth of Tk 5,000 enter the country's market every day, and one in every three to four notes is fake. The BB issued a statement following the comments made by analysts at a roundtable that said the circulation of fake ...

Local officials of two leading foreign banks in Bangladesh -- Standard Chartered and HSBC -- were yesterday completely unaware of media claims that the former is in talks to acquire the latter's consumer banking operations in the country. Bloomberg, a global financial news service provider, ye...

The World Bank yesterday launched a third-party monitoring system in Bangladesh as part of its move to give citizens a greater voice in ensuring the best use of public resources and holding local governments accountable for results. Initially, the Washington based lender will pilot the monitor...

Atif Bajwa, the newly appointed group chief executive officer of Bank Alfalah, arrived in Dhaka yesterday on a two-day tour, the bank said in a statement. During the visit, Bajwa will meet the employees of the bank, regulators and valued clients.

Jamuna Bank Foundation has opened a free eye camp and blankets distribution programme at Konra Primary School at Nagarpur in Tangail recently.

The Hongkong and Shanghai Banking Corporation (HSBC) Ltd yesterday launched the Young Entrepreneur Challenge (YEC) in Bangladesh to promote business ideas and creativity of undergraduate students. In its sixth edition in Bangladesh and 12th in the Asia Pacific region, the YEC is an annual, reg...

Bangladesh Bank yesterday gave a go-ahead to five private sector projects to take loans worth $152.8 million from foreign sources, the regulator said in a statement. The loans include $100 million for Airtel Bangladesh, $30 million for Acron Infrastructure Services, $5.30 million for Confidenc...

Private commercial banks yesterday self-imposed a cap on their lending and deposit rates to check unhealthy competition in the market. At a meeting, the Association of Bankers Bangladesh (ABB) decided to offer an interest rate of 12.5 percent on deposits and charge 15.5 percent for industrial ...

National Bank Training Institute organised a day-long training programme on ‘’Green Banking and Green Financing’’ in the city recently for senior executives of National Bank Limited (NBL).