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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.

2-day SME fair kicked-off to promote SME sector in Ctg

Posted by BankInfo on Wed, Feb 16 2011 05:27 am
Bangladesh Bank (BB) Governor Dr Atiur Rahman said SME sector can play a vital role in reducing income discrimination bet-ween urban and rural people as well as establishing a gender-balanced society. While inaugurating a two-day SME Financing Fair here in the port city on Tuesday the BB governo...

Bank holiday on Feb 16, 21

Posted by BankInfo on Tue, Feb 15 2011 05:10 pm
Bangladesh Bank (BB) and all scheduled banks will remain closed on February 16 on the occasion of holy Eid-e-Miladunnabi and February 21 on the occasion of Shaheed Day and International Mother Language Day, a press release said here on Monday.

Banks instructed to charge 12pc interest for commodity import

Posted by BankInfo on Tue, Feb 15 2011 05:07 pm
Bangladesh Bank has instructed the scheduled banks to charge 12 percent interest rate on credit for importing edible oil, sugar, pulse, spice, onion, date, fruits, chick pea and pea. The circular comes following reports of violation by some banks of the central bank order,

New MD for BDBL

Posted by BankInfo on Tue, Feb 15 2011 04:59 pm
Md Zillur Rahman joined Bangladesh Development Bank Ltd (BDBL) as managing director on Sunday, the bank said in a statement yesterday.

Sonali Bank to use Citycell Zoom Ultra for its automation

Posted by BankInfo on Tue, Feb 15 2011 04:54 pm
Sonali bank Ltd will use Citycell Zoom Ultra, a mobile broadband internet service, for proving quick remittance transfer facility to its clients spread across the country and abroad. The bank singed a memorandum of understanding (MOU) with Citycell at a city hotel yesterday to enable the service.

2-day SME fair begins today in Ctg

Posted by BankInfo on Tue, Feb 15 2011 04:52 pm
CHITTAGONG: With a view to making small and medium entrepreneurs (SMEs) aware about loan facilities offered by banks and financial organisations, a two-day SME financing fair begins today in the port city. Bangladesh Bank Governor Atiur Rahman will inaugurate the fair on the premises of Instituti...

IBBL donates Tk 0.5 million to FBCCI

Posted by BankInfo on Tue, Feb 15 2011 04:48 pm
Islami Bank Bangladesh Ltd donated Tk 500,000 to the Federation of Chambers of commerce and Industries (FBCCI) to distribute warm clothes among the cold-hit people.

Premier Bank appoints new DMD

Posted by BankInfo on Tue, Feb 15 2011 04:45 pm
Dewan Anwarul Latif has been appointed as Deputy Managing Director of Premier Bank Limited effective from February 01, 2011, said a press release. Prior to taking up the new assignment, Latif was Senior Executive Vice President and Head of Corporate of the bank. He was also manager (in-charge) of...

$1b IMF loan risky CPD sees emerging tensions in economy

Posted by BankInfo on Mon, Feb 14 2011 03:28 am
The Centre for Policy Dialogue yesterday warned the government about risks of borrowing $1 billion from the IMF, saying the conditionality-based loans would increase the costs of doing business and limit scope for strategic support to domestic industries. The think-tank said the borrowing from th...

Atiur sees banks’ liquidity bases adequate

Posted by BankInfo on Mon, Feb 14 2011 03:23 am
Bangladesh Bank Governor Dr Atiur Rahman said the banking sector of the country has set an example in maintaining its financial health even during the global economic meltdown when banks in the developed countries suffered a severe liquidity crisis. The banks in the country don’t have liquidity c...
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