News

Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

SEBL holds workshop

Posted by BankInfo on Sat, Mar 05 2011 06:59 am
Southeast Bank Limited (SEBL) held a workshop on 'Foreign Remittance and Payment System' for its officers at the bank's training institute in the city recently, said a press release. Executive Director of the bank M Serajul Islam inaugurated the workshop as the chief guest.

IBBL discussion on 'Stress Testing'

Posted by BankInfo on Sat, Mar 05 2011 06:56 am
A discussion meeting on 'Stress Testing' under the Executive Development Program organized by Islami Bank Bangladesh Limited was held recently at the Board Room of Islami Bank Tower.

Banks facing over-regulation, says OECD head

Posted by BankInfo on Sat, Mar 05 2011 06:52 am
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 on Friday. Ever since the 2007-2008 slump, regulators worldwide have moved to strengthen supervision of large banks and other financial i...

BRAC Bank holds town hall meeting in Ctg

Posted by BankInfo on Sat, Mar 05 2011 06:41 am
BRAC Bank recently organized a Town Hall Meeting for its employees of Chittagong region. Muhammad A (Rumee) Ali, chairman of the bank chaired the function, said a press release.

City Bank signed deal with Otobi

Posted by BankInfo on Sat, Mar 05 2011 06:33 am
City Bank American Express recently signed a Flexi Buy agreement with Otobi. Under this agreement, City Bank American Express Card members will be able to enjoy buying Otobi furniture at 0% interest with 3 to 12 months installment plan, said a press release.

Prime Bank declares 31pc stock dividend

Posted by BankInfo on Sat, Mar 05 2011 06:29 am
The board of directors of Premier Bank Ltd has approved 31 percent stock dividend for the year ended on December 31, 2010. The Bank has also reported earning per share (EPS) of Tk. 6.08, net asset value (NAV) per share of Tk. 20.50 and net operating cash flow per share (NOCFPS) of Tk. 7.12 for th...

Grameen borrowers want Yunus at the helm

Posted by BankInfo on Fri, Mar 04 2011 02:11 pm
Grameen Bank borrowers from different parts of the country yesterday termed the government attempt to remove Professor Muhammad Yunus 'motivated' and 'biased' and feared the bank will not sustain after his exit. They expressed their shock and anger over the move to remove the Nobel laureate from ...

Pubali Bank offers 5pc cash, 35pc stock dividend

Posted by BankInfo on Fri, Mar 04 2011 01:52 pm
The board of directors of Pubali Bank has recommended five per cent cash and 35 per cent stock dividend for the year 2010. The bank has reported earning per share (EPS) of Tk 6.51, net asset value (NAV) per share of Tk 28.94 and net operating cash flow per share (NOCFPS) of Tk 0.61 for the year ...

Yunus fired from Grameen Bank

Posted by BankInfo on Thu, Mar 03 2011 05:41 am
Bangladesh Bank on Wednesday removed Nobel Peace Prize winner Dr Muhammad Yunus from the post of managing director of Grameen Bank. A BB letter to the Grameen Bank’s board said it did not take approval from the authorities when it reappointed Yunus the bank’s MD on 12 March 1999 for an indefinit...

IBBL not involved in militant financingClaims the bank authority

Posted by BankInfo on Thu, Mar 03 2011 05:40 am
The authority of Islami Bank Bangladesh Limited (IBBL) has rejected a media report on financing 8 per cent of the bank's dividend to militant organisations in the country. Earlier on February 28, several electronic media broadcast the news quoting State Minister for Home Affairs Shamsul Haque Tuku.
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