Bangladesh Bank governor Atiur Rahman has asked the commercial banks to reduce their interest rates to accelerate industrialisation. The governor gave the directive in a meeting of bankers at Motijheel on Sunday

Bangladesh Bank (BB) has asked the chief executives of all commercial banks not to get deeply involved in non-banking activities, including investment in the stockmarket. At a meeting with the chief executives yesterday, the central bank said punitive actions will be taken against the banks invol...

The central bank has launched an in-depth investigation into the financial institutions named in a probe report on the recent stockmarket crash, top officials of Bangladesh Bank (BB) said yesterday. The BB has also written a letter to the government to amend a section of the Banking Companies Act...

A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Ltd was held at Islami Bank Tower in the city on Thursday. Mufti Sayeed Ahmad, vice chairman of the committee and Head Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasha-e-Furfura Sharif), presided over the meeting, said a ...

Kazi Baharul Islam, chairman of board of directors of Sonali Bank, recently urged the bankers to work with service oriented approach. He was addressing as chief guest at a meeting to exchange views with top officials of Chittagong zone of the bank, said a press release.

Bangladesh Bank (BB) has advised all commercial banks and financial institutions to disburse profits to shareholders, through the Electronic Fund Transfer Network (EFTN). The central bank issued a circular on Thursday, in this regard, which was signed by AKM Fazlur Rahman, deputy general manager ...

The Bangladesh Bank (BB), country’s central bank, launched an automated clearing house at its Rajshahi office to ensure faster settlement of transactions and payment systems. BB’s Deputy Governor Ziaul Hasan formally inaugurated the system at function in Rajshahi city on Thursday.

National Credit and Commerce (NCC) Bank Limited has launched a disaster recovery (DR) centre at Uttara in the city yesterday. Md Harunur Rashid, vice chairman of the bank formally inaugurated the centre as the chief guest at a function, aid a press release. Mohammed Nurul Amin, managing director ...

The Asian Development Bank (ADB) cautioned yesterday higher inflation could affect Bangladesh's macroeconomic stability. The Manila-based lender projected inflationary pressure is likely to grow due to the sharp rise in global commodity and food prices, the likely further depreciation of taka, th...

Bangladesh Bank (BB) has appointed a spokesperson to deal with media and public inquiry, according to a circular issued by the central bank on Wednesday. As per circular, Executive Director (ED) of BB, Md Jahangir Alam will be discharging his duties as the spokesperson until further notice. The c...