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.

BKB gives agro loans at Lohajang

Posted by BankInfo on Thu, Dec 30 2010 05:43 am
Bangladesh Bank Governor Dr. Atiur Rahman yesterday handed over agricultural loans among the local farmers at Lohajang Upazila Complex of Munshiganj district. Organised by Bangladesh Krishi Bank (BKB), a government-owned especialised bank, Whip of the Parliament Professor Sagufta Yasmin, BKB Chai...

MTB signs IPFF deal with Bangladesh Bank

Posted by BankInfo on Thu, Dec 30 2010 05:40 am
Mutual Trust Bank Ltd (MTB), as a participant in the Investment Promotion and Financing Facility (IPFF), has signed a Master Facility Agreement with Bangladesh Bank. Bangladesh Bank Executive Director S K Sur Chowdhury and MTB managing director and CEO Anis A Khan signed the agreement on behalf o...

EBL’s 48th branch at Uttara

Posted by BankInfo on Thu, Dec 30 2010 05:38 am
Eastern Bank Limited (EBL) has opened its 48th branch at Garib-E-Newaz Avenue of Uttara in Dhaka on Tuesday. Ali Reza Iftekhar, managing director and chief executive officer of EBL, formally inaugurated the branch equipped with online banking along with a wide range of modern banking facilities,...

One Bank Limited opens 49th branch at Sitakunda

Posted by BankInfo on Thu, Dec 30 2010 05:32 am
ONE Bank Limited opened its 49th branch at Sitakunda recently. In a ribbon cutting ceremony held at the branch premises, Zahur Ullah, Chairman of ONE Bank Limited, formally inaugurated the branch. Kazi Rukunuddin Ahmed, Director, Farman R Chowdhury, Managing Director, Senior Executives of the ban...

Dhaka Bank holds training on SME banking

Posted by BankInfo on Thu, Dec 30 2010 05:28 am
Dhaka Bank organised a two day long training workshop on ‘Small and Medium Enterprises (SME) Banking’ at Dhaka Bank Training Institute (DBTI) in the city recently. Khondker Fazle Rashid, managing director of Dhaka Bank Limited addressed the inauguration as the chief guest, said a press release.

Jamuna Bank opens branch in Pabna

Posted by BankInfo on Thu, Dec 30 2010 05:25 am
Jamuna Bank opened its 64th Branch at Holding no.790, Hamid Road, Pabna Sadar, Pabna. The Branch was inaugurated by Al-Haj Nur Mohammed, Chairman, Jamuna Bank foundation as Chief Guest said a press release.

Bank Asia opens branch at Paltan

Posted by BankInfo on Thu, Dec 30 2010 05:20 am
Bank Asia opened its 48th branch at Paltan in the city yesterday. Romo Rouf Chowdhury, director of the bank inaugurated the branch. A M Nurul Islam, director, Erfanuddin Ahmed, president and managing director, Aminul Islam and S M Khorshed Alam, deputy managing directors of the bank were present ...

BB starts inquiry into Islami Bank’s Zakaat scam

Posted by BankInfo on Wed, Dec 29 2010 07:55 pm
Islami Bank has been put under the scanner of Bangladesh Bank (BB) again for its alleged misuse of Zakaat Fund. A BB official told the agency that the central bank started an investigation into the allegation against Islami Bank that the Bank misused huge amount of money, collected from the memb...

BB tightens credit to tame rice price hike

Posted by BankInfo on Wed, Dec 29 2010 07:51 pm
Bangladesh Bank (BB) today tightened credit to rice traders, millers and hoarders for ensuring adequate supply of rice to the market and bringing down the price at consumers’ comfort level. The central bank in a circular today directed all the banks to adjust the advances to the rice millers and...

Way to escape money-market volatility

Posted by BankInfo on Wed, Dec 29 2010 07:46 pm
The Managing Director and Chief Executive Officer of Trust Bank Limited—Shah A. Sarwar— fells that the latest call-money market volatility was a result of failed management by some financial institutions hich overlooked the importance of keeping balance between profit and liability. “If a financi...
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