Experts at a seminar on Tuesday underscored the need for linking the 50 per cent bottom segment of population of the country to the banking services by ensuring reasonable cost. They also spoke in favour of adequate credit availability to the private sector to help expansion of industrial product...

Expatriate Welfare Bank will open branches in six divisional headquarters in January to help people get jobs overseas and increase remittance inflow to the country. “The bank will open its branches in Chittagong, Khulna, Sylhet, Barisal, Rajshahi and Rangpur in January next year,” managing direct...

Overall macroeconomic performance of the country is reeling under a 'temporary pressure' and will regain strength in a month or two as both government borrowings and cost of imports are on the decline, the central bank has observed. Bangladesh Bank (BB) officials have said that the 'temporary pr...

The Bank of Japan said Wednesday that the country's economic recovery "has paused" because of the slowing global economy, leaving its key rate unchanged at between zero and 0.1 percent. "The pick-up in Japan's economic activity has paused, mainly due to the effects of a slowdown in overseas ec...

Southeast Bank Limited opened 80th branch at Hemayetpur in Savar recently. Directors of the bank Azim Uddin Ahmed and Duluma Ahmed formally inaugurated the branch, said a press release.

Mercantile Bank Limited (MBL) opened its 71st branch at Ashuganj in Brahmanbaria district. Chairman of the bank Md Abdul Jalil MP formally inaugurated the branch, said a press release. Members of parliament Ziaul Haque Mrida and RAM Obaidul Mutadir Chowdhury were also present at the inaugur...

Prime Bank Ltd recently organised a workshop on 'Prevention of Money Laundering and Terrorist Financing', at a hotel in Khulna. Muhammad Yasin Ali, deputy managing director of the bank inaugurated the workshop as the chief guest while Md Rabiul Islam, acting general manager of Khulna office of...

Bangladesh Bank Governor Dr. Atiur Rahman said the world economy is showing indications of another slowdown due to European debt crisis. Severe credit crunch from the earlier slowdown still hinders small businesses and the new crisis is in a matured stage in the developed economies like US and...

Bank Asia Chairman A Rouf Chowdhury cuts a cake at a programme to celebrate the bank's 12th anniversary at Khulna Club in Khulna recently.

Citibank, NA, Bangladesh has recently appointed Emeka Okonkwo as its global banking head, the bank said in a statement yesterday. Okonkwo will be responsible for global banking related all corporate, financial institution and global subsidiaries group client relationships in the country.