Islami Bank Bangladesh Limited (IBBL) on Friday has awarded 400 scholarships among underprivileged students who have obtained GPA-5 in SSC and HSC equivalent examinations in 2010. Commerce Minister Muhammad Faruk Khan handed over the scholarship money, equivalent of six-months education expenditu...

The state-owned Rupali Bank Ltd will introduce automated banking services at its 492 branches across the country within this year. Online service at 128 special branches will also be launched during this time. The decision came at the ‘Annual Business Conference 2011’ of the bank at Bangabandhu I...

The state-owned Rupali Bank Ltd will introduce automated banking services at its 492 branches across the country within this year. Online service at 128 special branches will also be launched during this time. The decision came at the ‘Annual Business Conference 2011’ of the bank at Bangabandhu I...

The stockmarket regulator yesterday suspended six stockbrokers' trading activities for 30 days on charges of their involvement in the ongoing volatility in the secondary market. The Securities and Exchange Commission (SEC) took the action after trading was halted by the share index breaker within...

Bangladesh Bank wants a proper investigation into the current volatility of stock market and it has decided, in principle, not to pump any money into the share market, BB sources said yesterday. Repo auctions to ensure adequate supply of liquidity in the banking sector will, however, be continued...

The account holders under the Janata Bank's 'Gharey Gharey Janata' scheme are not getting the services of the bank promised to deliver when the scheme was launched about a half a decade back in some of its selected branches in Dhaka city. Under the scheme, the bank is supposed to collect utility ...

BASIC Bank Limited achieved Tk 2.15 billion (215 crore) operating profit for the year 2010. Bank's Chairman Sheikh Abdul Hye Bacchu disclosed this, while speaking as the chief guest at its first branch and operational managers conference in the city recently, said a press release.

Vehicle protection provider company FINDER (a concern of Monico Limited) and Standard Chartered Bank and have signed an agreement through which the Credit Card holders of the Bank will enjoy special InstaBuys @ 0% offers at FINDER. FINDER works as an intelligent watchdog for any personal or comm...

Prime Minister (PM) Sheikh Hasina said e-banking has been introduced to stop illegal Hundi trade and enabling the expatriate Bangladeshis to send their hard-earned remittances easily. "Effective steps are being taken so that the expatriates can send their hard-earned remittances through private b...

The Asian Development Bank (ADB) board approved a $2 million grant to launch a remittance investment project to provide safe, affordable remittance services to thousands of Bangladeshi migrant workers and their families. The Japan Fund for Poverty Reduction will be used in the project to fund tec...