The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has awarded the best corporate institutions to encourage them in carrying out their activities and publishing their reports in a more informative, transparent and accountable manner. ‘The ICMAB Best Corporate Award-2011’ wa...

Bangladesh Bank governor Dr Atiur Rahman leaves for Delhi on Wednesday morning to attend a two-day high-level UN policy dialogue, beginning on Thursday. Economic and Social Commission for Asia and the Pacific (ESCAP) of The United Nations will arrange the dialogue in New Delhi on ‘Development ...

The State-owned Rupali Bank Limited opened its 494th branch at Ghior Bazar in Manikganj district on Monday. Dr Ahmed Al Kabir, chairman of Rupali Bank, inaugurated the branch as chief guest.

Bank takeovers should face deeper scrutiny and directors be more accountable for their actions, Britain’s finance watchdog said in a long-awaited report into Royal Bank of Scotland’s near collapse. The Financial Services Authority (FSA) said in a 452-page report on Monday that RBS managers, like ...

IFC, a member of the World Bank Group, provides support to Bangladesh International Arbitration Centre (BIAC) to expedite industrial disputes through arbitration, says a press release. At a recently arranged dialogue held in the city, the importance of fast resolution of disputes for boosting inv...

Twenty-five banks and financial institutions have ‘dodged’ value added tax (VAT) against income from commission, fee and charge. The mismatch resulted in Tk 588 million revenue loss for the state exchequer, the Comptroller and Auditor General’s (CAG) office has found out and recommended recove...

Pubali Bank Ltd, a leading commercial bank in the country, stands ready to offer financing for the construction of the second Padma Bridge under public private partnership (PPP), said its top official. "The bank will actively consider any offer for the construction of the second Padma Bridge u...

Eastern Bank Ltd has launched three new products under EBL Payroll Banking yesterday to cater the growing need of payroll management. A ‘full service savings account’, ‘debit card only savings account’ and ‘pre-paid card solution’ combines the product suite of EBL Payroll Banking, said a press...

Al-Arafah Islami Bank Limited has opened its 84th branch at Dakshin Khan Bazar in the city’s Uttara area. Engr. Khondoker Mesbah Uddin Ahmed, member of the board of directors of the bank, inaugurated the branch as chief guest, said a press release.

Jamuna Bank Ltd arranged a get-together for its officials in Rajshahi Zone at Hotel Naz Garden in Bogra recently. Md Belal Hossain, chairman of the bank, attended the function as chief guest, said a press release. Al-Haj Nur Moha-mmed, chairman of the Jamuna Bank foundation, was also presen...