Mutual Trust Bank Ltd (MTB) recently distributed clothes amongst orphans in the city. MTB deputy managing director Md Hashem Chowdhury distributed clothes amongst the underprivileged orphans of an orphanage situated at city's Motijheel area.

The World Bank is supporting Bangladesh to improve planning and management of the rapid urbanization process in Bangladesh as urban population in the country has doubled since 1990. The Municipal Services Project supported by the World Bank continues to provide support to pourashavas and city cor...

Speakers at a day-long workshop here emphasized the need for expediting credit flow towards small and medium enterprise (SME) sector for accelerating the national economy. They said SME-friendly banking is very vital as there is no alternative to uplift the SME sector to create more entrepreneurs...

Nazrul Islam and Shakhawat Hossain Grameen Bank has a staggering 55 sister concerns, but none of the nine women directors of the trailblazing microcredit organisation found any place in the affiliated entities, the bank insiders said. The directorship of these concerns was determined only for ...

Western countries established Yunus as an ethical pillar of capitalism and which is why they are taking his side, said noted economists and academics of the country. They also asked Yunus to refrain himself from involving foreign countries in the country’s internal affairs. The world capitalism e...

Bankers’ Forum has recognised the social activities of seven commercial banks awarding them ‘Performance and CSR Awards 2009-2010’. Seasoned lawyer Barrister Rafuque-Ul-Huq handed over the trophy among the executive heads of the respective banks at a function at the city’s CIRDAP auditorium yeste...

Banks face a period of over-regulation caused by public outrage over lax supervision that led to the global financial crisis, OECD chief Jose Angel Gurria said Friday. Ever since the 2007-2008 slump, regulators worldwide have moved to strengthen supervision of large banks and other financial inst...

The total deposit of Islami Bank Bangladesh Limited (IBBL) reached Tk 295.70 billion as on February 28 this year, showing a growth by 19 per cent over the same period of the last year. This was disclosed at the performance review meeting of the top executives of head office and zonal heads of th...

PK Medappa, group head of Human Resources for Consumer Banking of Standard Chartered Bank, arrived here yesterday on a three-day visit. He will meet various stakeholders of the bank during his visit, said a press release.

Ensuring safer and faster transfer of money in Bangladesh, Prime Bank Limited inaugurated its second Exchange House in Singapore. Prime Bank Chairman Azam J Chowdhury inaugurated the second branch of Prime Bank owned Prime Exchange Co. Pte Ltd. at Jurong East, Singapore recently.