The SME Service Centre of Bank Asia Ltd at Ramgonj in Laxmipur was converted into a full-fledged SME/Agri branch from Sunday. Rumee A Hossain, director and chairman of board audit committee of the bank, inaugurated the converted branch, said a press release.

Bangladesh Bank (BB) on Thursday will announce its half-yearly monetary policy statement for the remaining six months of the current 2011-12 financial year. BB Governor Dr Atiur Rahman will announce the policy at a press conference at the central bank’s headquarters in the capital city, offici...

Grameen Bank has sought tax exemption facility on its income for next four years, aiming to provide more credit to the poor, official sources said. “Banking Division is now examining the tax exemption proposal of Grameen Bank” a senior Banking Division official said. He said the division wi...

Bangladesh should now focus on job-led growth by creating new entrepreneurship to achieve sustainable development, according to a case study on the country by the World Bank. The country has been pursuing the model of export-led growth for the last 20 years, but the time has come to accelerate...

Bangladesh Bank yesterday announced appointments of three deputy governors, with Nazneen Sultana becoming the first woman to hold the post in the history of the central bank. Abu Hena Mohd Razee Hassan and Shitangshu Kumar Sur Chowdhury are the two other deputy governors, the central bank said...

Bank Asia Ramgonj SME Service Centre turns into branch Ramgonj SME Service Centre of Bank Asia in Laxmipur district has been converted to a SME/Agri Branch. It started operation as SME/Agri Branch from Sunday.

The central bank should allow lending against savings instruments with the dual objective of reducing the pressure of government borrowing on banks and raising liquidity by pulling unbanked money into the economy, said Syed Mahbubur Rahman, chief executive officer and managing director of BRAC Ba...

NCC Bank Limited has signed an agreement with SSL Wireless for providing e-Banking service to its customers, says a press release. Mohammed Nurul Amin, managing director and chief executive officer of NCC Bank, and Sayeeful Islam, managing director of SSL Wireless, signed the agreement recently....

The Annual Business Conference-2012 of Mercantile Bank Limited was held with the head of branches and divisional heads at the bank’s head office at a city hotel yesterday.

Premier Bank has appo-inted Grey Advertising Bangladesh Ltd to promote its brand. A deal was signed in this regard recently, said a press release. Abu Haniff Khan, additional managing director of Premier Bank and Gousul Alam Shaon, managing director of Grey Advertising, signed the agreement...