The World Bank (WB) Thursday flow of said remittances to developing countries including Bangladesh, India and China is expected to reach US$351 billion this year as the high oil prices in the middle-east has helped the nations. The global lender in its Migration and Development Brief report, r...

Eastern Bank Limited (EBL), a leading private sector bank in Bangladesh, has won the global award for brand excellence in banking and financial services category. The award was announced on November 25, during World Brand Congress held in mumbai, India, says a press release. EBL is the first Ban...

Bangladesh Bank governor Dr Atiur Rahman has claimed that the per capita income of the people is rising at 24 per cent and the number of poor people has halved to 30 per cent of the population from the 60 per cent earlier. Without giving any figure of existing per capita income, the BB chief said...

China's central bank cut reserve requirements for commercial lenders on Wednesday for the first time in three years, a policy shift to ease credit strains and shore up an economy running at its weakest pace since 2009.

TOKYO: Asian shares rallied to two-week highs on Thursday, building on strong global gains after the world's six major central banks moved to tame a liquidity crunch for European banks by providing cheaper dollar funding. Financial spreadbetters expect the leading European benchmark indexes to...

Trust Bank Limited has opened branch at Kemal Ataturk Avenue at Banani in the city recently. Maj Gen Abu Belal Muhammad Shafiul Huq, ndc, psc, adjutant general, Bangladesh Army and vice chairman of Trust Bank Limited inaugurated the branch as chief guest, said a press release.

First Security Islami Bank Limited (FSIBL) has opened a new branch at Kawran Bazar in the city recently. A A M Zakaria, managing director of the bank, formally inaugurated the branch, said a press release.

The government has decided to pay back a total of $ 7.632 million to the Saudi Bangladesh Industrial and Agricultural Investment Company Limited (Sabinco) to avoid any image crisis. The amount has been trapped with Eastern Bank Limited (EBL), sources said. Banking division of finance minist...

Bangladesh Bank has awarded 12 licenses to banks to introduce mobile banking to reach out to rural people, the governor said yesterday. Two banks have already launched the mobile banking to take the services to the unbanked people, Atiur Rahman said at a seminar on e-payments as part of the e-...

A Rouf Chowdhury, chairman of Bank Asia, cuts a cake at a programme to celebrate the bank's 12th anniversary at Bangabandhu International Conference Centre in Dhaka on Sunday. M Syeduzzaman and Anisur Rahman Sinha, former chairmen, were also present.