The 468th meeting of the executive committee (EC) of the Shahjalal Islami Bank Limited was held at its head office in the city recently. Alhaj Mohammad Hasan, chairman of executive committee of Shahjalal Bank presided over the meeting, said a press release.

Bangladesh Bank has taken initiatives to set up the National Payment Switch (NPS) to modernise the existing electronic payment system. The central bank has signed an agreement with ‘Infotech Global Private Ltd’, a Singapore-based company on Thursday to implement the project. The NPS project...

The central bank yesterday refuted rumours on slashing the cash reserve ratio (CRR), which is the amount of cash that banks have to hold in reserve. “It will be considered only after the inflation rate comes down to 7-8 percent,” Dr Atiur Rahman, the central bank governor, told reporters at th...

The central bank yesterday said the pressure on foreign exchange reserves would ease in the coming months due to a fall in the opening of new letters of credit and restraints on domestic credit environment that is expected to limit import growth further. The Bangladesh Bank said the number of ...

The central bank has announced five steps that include hiking interest rates on savings certificates, mobilising more external and domestic resources and rationalising public expenditures to implement its monetary policy. The plans came as Bangladesh Bank Governor Atiur Rahman yesterday announ...

Md. Atharul Islam, Secretary, Ministry of Civil Aviation & Tourism formally inaugurated the MTB booth at the departure lounge of Hazrat Shahjalal International Airport (HSIA) Dhaka.

Janata Bank Ltd has distributed blankets among the cold-hit people in Jessore recently. Md Nurul Amin and Omar Farooque, deputy managing directors of the bank, distributed the blankets to the poor, said a press release.

The Asian Development Bank said yesterday it has approved a loan and political risk guarantee of up to $400 million for a project to build Uzbekistan's largest-ever petrochemical plant.

The 333rd meeting of the executive committee (EC) of Al-Arafah Islami Bank Ltd was held at its head office in the city yesterday. Al-haj Abdus Samad, chairman of the executive committee of the bank, presided over the meeting, said a press release.

Bangladesh Bank (BB) is taking strict legal stand including operating mobile court to punish the people who are involved in producing fake notes and circulating those in public to make their fortune. “We are planning necessary changes to the existing rules and regulations to bring people behin...