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.
Posted by Thu, Nov 14 2013 12:36 pmon
As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank Group report urged the policy makers to focus on products that benefit the poor, women and other vulnerable groups the most.
Posted by Thu, Nov 14 2013 12:27 pmon
The number of mobile banking subscribers has crossed the one-crore mark, thanks to a rapid expansion of the financial outlets of commercial banks. The number of mobile banking accounts has nearly doubled to 1.24 crore in seven months from 50 lakh in April, according to Bangladesh Bank.
Posted by Thu, Nov 14 2013 12:25 pmon
Airtel Bangladesh Limited signed an agreement with The City Bank Limited in a bid to enrich the customer services at the corporate office of Airtel in Dhaka on Tuesday.
Posted by Thu, Nov 14 2013 12:21 pmon
Trust Bank Securities Limited signed an agreement with Cygnus Innovation Limited on implementation of Stock Broker Back office software solution at the bank’s principal branch in Dhaka on Tuesday.
Posted by Fri, Nov 08 2013 09:27 amon
Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed around Tk3.44bn as loan to boost rural economy alongside employment generation in the country’s northwest region in the first four months of the current 2013-14 fiscal.
Posted by Fri, Nov 08 2013 09:25 amon
Bangladesh Bank has relaxed the guidelines for writing off small bad loans as it considered the litigation cost is sometimes higher than the amount of a loan. It allowed the scheduled banks to write-off classified loans below Tk50,000 without filing any case.
Posted by Fri, Nov 08 2013 09:22 amon
It seems that the row within government over the proposed Palli Sanchay Bank, a bank to encourage rural savings, has finally seen an end. Bangladesh Bank and Finance Division who have been opposing the proposal from the very outset have retreated.
Posted by Fri, Nov 08 2013 09:20 amon
The extent of default loans increased in the third quarter due to tightening the loan classification guideline, sluggish business activities during the political uncertainty and interruption in energy supplies.
Posted by Fri, Nov 08 2013 09:18 amon
Financial Inclusion is a built-in concept of Islamic Finance and Bangladesh has become a role model of financial inclusion for the Islamic financial world. Mohammad Abdul Mannan, managing director of Islami Bank Bangladesh Limited, said this while addressing the first ever ADB conference on Isl...
Posted by Fri, Nov 08 2013 09:15 amon
State-owned Sonali Bank has taken an initiative to help other local banks to run their banking business in the United Kingdom, particularly the remittance service to non-resident Bangladeshis (NRBs).