The country’s burgeoning shipbuilding industry, which is now witnessing a slowdown against the backdrop of falling demand of ships from Europe, awaits multi billion dollar export orders next year. Buyers of Europe, the major destination for Bangladeshi shipbuilders, are now reluctant a bit to pro...

Speakers urged the branch-level bankers to gain professional skills as it is vital for attaining success in the banking sector for overall socio-economic development of the nation. Besides, they also urged them to make their banking activities free from corruption so that the clients could derive...

Prime Bank Limited and Apollo Hospital signed a corporate agreement in the city on December 5, says a press release. lsbahul Bar Chowdhury, deputy managing director of Prime Bank Limited, and Dr Shagufa Anwar, general manager of Business Development of Apollo Hospital, signed the agreement. The ...

The government will seek USD $2 billion loan support from Islamic Trade and Finance Cooperation (ITFC). A high-powered team, led by economic relations division secretary Iqbal Mahmud, will leave Dhaka for Jeddah today (Friday) to place the Bangladesh Petroleum Corporation (BPC) proposal at a d...

A training course on ‘Green Banking and Green Financing’ of the National Bank Limited was held in the city recently. National Bank Train- ing Institute organised the training course for its management level officials, said a press release.

Around 50 bankers have applied for three deputy governors’ positions of Bangladesh Bank, official sources said. Besides, most of the executive directors of the central bank have submitted application for the posts. Former BB Executive Director Harun-ur Rashid is also in that list.

ATHENS: Greek banks need state aid to get through the losses of a planned write-down of the country's sovereign debt but the lenders are pressing the government not to take over management at the same time. Under a second debt rescue agreed in October with the EU and IMF, private creditors agr...

The inter-bank call money rate remained at 22 percent during last two days (Wednesday and Thursday) indicating a fresh liquidity pressure in the money market, official sources said. The call money rate ranged between 17 per cent and 22 on Thursday against 8.75 percent and 22 per cent on the pr...

The Supreme Court yesterday upheld a Bangladesh Bank (BB) decision to remove four directors of Social Islami Bank Ltd from their posts. Kamaluddin Ahmed, Taslima Aktar, Shah Alam and Zahura Alam were removed from their posts on July 13, 2002, on charges of hiding information regarding their in...

The central bank has taken an initiative to set up e-payment gateway to expand internet banking and e-commerce in the country, said its chief Atiur Rahman yesterday. "I hope the e-payment gateway will start functioning in the first quarter of 2013," Bangladesh Bank governor said. He spoke w...