Rajshahi Krishi Unnayan Bank (RAKUB) has taken a massive plan to disburse agriculture loan to the farmers of the district for cultivation of Boro and Potato including vegetables during the current Robi season. Bank sources said the aim of the loan disbursement is to encourage the growers and h...

Bangladesh Bank (BB) has issued some guidelines on uniform accounting procedures for Repo transactions of government securities by all scheduled banks and financial institutions. In view to help the process of liquidity support, given by the central bank to the primary dealer banks of governme...

The central bank yesterday issued a circular to clarify that non-bank financial institutions' investment in their subsidiary would not be considered while measuring their exposure to the capital market. In line with the circular, long-term capital investment of non-bank financial institutions ...

Dr Atiur Rahman, governor of Bangladesh Bank, poses with the departing deputy governors of the bank: Nazrul Huda, Ziaul Hassan Siddiqui, and Murshid Kuli Khan at their farewell. The newly appointed deputy governors: Nazneen Sultana, Abu Hena Mohd Razee Hassan and Shitangshu Kumar Sur Chowdhury we...

Humaira Azam has been appointed deputy managing director of Bank Asia, the bank said in a statement yesterday. Prior to joining the bank, Humaira was managing director and chief executive officer of IPDC of Bangladesh. She has a career of 22 years in the banking and financial sector.

Budding bankers expecting the bumper bonuses of years gone by will have to think again, with only the top performers likely to be paid top dollar. Business leaders and bankers at the annual Davos forum were largely dismissive of attempts to cap or restrict compensation in the financial services ...

Bangladesh Bank (BB) has formed a new intelligence unit to fight money laundering and establish more discipline and transparency in financial sector.

A week-long training course on ‘SME Financing’ for the senior officers and SPOs of Bangladesh Development Bank Limited (BDBL) concluded at the city’s BDBL Bhaban at Karwan Bazar recently. Md Zillur Rahman, managing director of BDBL attended the function as chief guest and distributed certifica...

NCC Bank collected total deposits of Tk 83.32 billion and disbursed total loans and advances of Tk 72.73 billion at the end of 2011. The operating profit of the bank is also higher than that of previous year. This was informed at the three-day long Executives and Branch Managers’ Annual Con...

Islami Bank Bangladesh Limited (IBBL) pavilion in the month-long Dhaka International Trade Fair drew a large number of visitors. Islami Bank has participated at the fair for the first time to showcase its different products. The visitors who are interested to open accounts with the bank wer...