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.

BRAC Bank signs MoU with Kazi Farms

Posted by BankInfo on Fri, Jan 28 2011 04:54 am
BRAC Bank recently signed a Memorandum of Under-standing (MoU) with Kazi Farms Group to provide Cash Management solution to Kazi Farms Group (KFG) which will facilitate the distributors of KFG with more systematic, improved and efficient nationwide collection system through BRAC Bank’s 144 on-lin...

Dhaka Bank holds training workshop on online credit

Posted by BankInfo on Fri, Jan 28 2011 04:51 am
A daylong training workshop on ‘Online Credit Information Bureau (CIB)’ was recently organised by Dhaka Bank Training Institute (DBTI). A total of 71 officers from different branches and head office of the bank took part at the training workshop. Neaz Mohammad Khan, deputy managing director, Dhak...

Pubali Bank holds managers’ confce

Posted by BankInfo on Fri, Jan 28 2011 04:44 am
The first conference for the year 2011 of regional and corporate branch managers of Pubali Bank Limited was held at bank's head office recently, said a press release. Vice-chairman of PBL Habibur Rahman, directors of PBL Sk Wahidur Rahman, Syed Moazzem Hussain, Muhammed Kabiruzzaman Yaqub were...

Country’s economy posts 5.8pc growth last year: BB

Posted by BankInfo on Thu, Jan 27 2011 05:10 am
The economy of the country posted 5.8 per cent real GDP growth during the last fiscal (2009-10), which was largely internal-demand driven. In view of the internal and external sector developments, the 6.7 per cent real GDP growth targeted in the national budget of current fiscal is well within re...

SEC opens probe into brokerage scam

Posted by BankInfo on Thu, Jan 27 2011 05:07 am
The economy of the country posted 5.8 per cent real GDP growth during the last fiscal (2009-10), which was largely internal-demand driven. In view of the internal and external sector developments, the 6.7 per cent real GDP growth targeted in the national budget of current fiscal is well within re...

BB subsidy to banks for loans to salt growers

Posted by BankInfo on Thu, Jan 27 2011 04:58 am
The Bangladesh Bank (BB) has decided to pay subsidy to the State-owned Commercial Banks (SCBs) who disburse loan to salt farmers at reduced interest rate, a central official said. The interest rate has been set at 4 percent which previously hovered around 10 to 13 percent for the share cropper...

Suspension on NCC Bank's brokerage house lifted

Posted by BankInfo on Wed, Jan 26 2011 03:57 pm
The Securities and Exchange Commission has withdrawn the trade suspension on NCC Bank. According to a message posted on the web of the Dhaka Stock Exchange (DSE), the capital market regulator on Wednesday decided to lift the 30-day suspension order on the activities of its merchant banking section.

Pubali Bank hosts reception for business elites in Ctg

Posted by BankInfo on Wed, Jan 26 2011 05:52 am
The Board of Directors of Pubali Bank Ltd hosted a reception party at Chittagong Club recently for distinguished business personnel of the port city. Hafiz Ahmed Mazumder MP, Chairman and board of directors of the bank was present at the function, said a press release.

Janta Bank distributes Tk. 8.02m agri-loan in Nilphamari

Posted by BankInfo on Wed, Jan 26 2011 05:49 am
The Janata Bank Ltd (JBL) distributed Taka 8.02million soft-term agri-loans at two percent interest rate among 225 farmers at a function arranged in Nilphamari district town Monday. The agri-loans were distributed among the farmers of all eight upazilas of Nilphamari district with a view to encou...

MTBL distributes warm clothes

Posted by BankInfo on Wed, Jan 26 2011 05:45 am
Mutual Trust Bank Ltd (MTB) has distributed warm clothes among the distressed people of Panchagarh and Joypurhat recently. Md Jahangir Alam, MTB group chief risk officer (GCRO) led the warm cloth distribution in Joypurhat while Mohammad Iqbal, head of MTB SME Banking Division led the other event
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