Mercantile Exchange House (UK) Limited, a fully-owned subsidiary company of Mercantile Bank Limited, recently commenced its operation in Birmingham, UK. Founder Chairman of the bank Md Abdul Jalil, MP, inaugurated the exchange house as the chief guest, said a press release. M Amanullah, dir...

National Credit and Commerce Bank Limited (NCCL) has opened 85th branch in Dinajpur on Sunday. Md Nurun Newaz Salim, chairman of the bank formally inaugurated the branch as chief guest while Mohammed Nurul Amin, managing director and CEO of the bank presided over.

India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday. Production at factories, mines and utilities plunged 5.1 per ce...

The government will hold a tripartite portfolio review meeting with the Asian Development Bank (ADB) in March next year to review the progress of the ADB-assisted projects as well as to speed up their implementation. The meeting will be held among the Economic Relations Division (ERD), the ADB...

The US$ 4.5 billion ‘Country Partnership Strategy (CPS) 2011-15’ for Bangladesh by the Asian Development Bank (ADB) has already come into effect as some loan agreements have been signed in projects relating to railway and water supply. Loan agreements with ADB for three big projects have been ...

Bangladesh Bank Governor Dr. Atiur Rahman on Monday stressed on the need for establishing an inclusive growth process by offering equal opportunities to all segments of population. Realising this, the central bank has been promoting inclusive growth through offering financial services at the d...

Bangladesh has emerged as the eight largest remittance earner, riding on the back of migration in flocks to the Middle East, according to a global survey by the World Bank. Migrant deployments from Bangladesh grew strongly this year, the global lender said in its report after conducting the su...

Dutch-Bangla Bank Limited (DBBL) has opened its 106th branch at Tamaltala in Jamalpur district town yesterday. K S Tabrez, managing director of the bank, formally inaugurated the branch, said a press release. DBBL provides a wide range of banking products and financial services including ca...

Bank Asia has opened a new branch at Oxygen Rail Crossing in Chittagong recently. The premises of the new branch has been used as a SME Service Centre of the bank, said a press release. Md Mehmood Husain, president and managing director of the bank, inaugurated the branch as chief guest.

Helal Ahmed Chowdhury, Managing Director of Pubali Bank Limited addressing the participants in a workshop on follow-up meeting on loans under Consumers Credit Scheme held at the Pubali Bank Head Office recently.