The Awami League government is unlikely to extend the tax exemption facility to Grameen Bank, which is under scrutiny following its alleged diversion of overseas fund. The facility expires by the end of this month, sources in the Banking Division of the Finance Ministry told daily sun on Monday. ...

(M Mahfuzur Rahman, Executive Director of Bangladesh Bank inaugurating a workshop held at NCCB’s Training Institute in the city recently. NCC BANK PHOTO) NCC Bank Ltd organised a workshop on Anti Money Laundering for the executives and officers of the bank from different branches. M Mahfu...

Eastern Bank Ltd and South Asia Enterprise Development Facility (SAEDF) signed a Memo-randum of Understanding (MoU) yesterday to promote renewable energy in Bangladesh. Ian Crosby, head of SouthAsia Enterprise Development Facility, chaired the signing ceremony held at a city hotel. IFC, a membe...

Julian Fong, Chief Financial Officer (CFO) of Standard Chartered Bank (SCB) for Asia and Global Head Country Finance in a two-day official visit arrived here yesterday. Julian served as an Executive Director of Standard Chartered Bank in Hongkong. , He is accompanied by Anurag Adlakha, Chief Fin...

(Managing Director of DBBL KS Tabrez, distributing certificates among the participants at a function in the city on Sunday. DBBL PHOTO) Dutch-Bangla Bank Ltd (DBBL) organised an eight-day long training course on “Intern-ational Trade and Foreign Exchange” that ended on Sunday.The c...

Dhaka Bank yesterday issued a subordinated bond, for the first time, worth Tk 200 crore for expansion and to consolidate its capital base. The bonds will be amortised and have a tenure of seven years. State-owned and private commercial banks, insurance companies, non-bank financial institutions,...

Julian Fong, chief financial officer for Asia and global head for country finance of Standard Chartered Bank, is in Dhaka for a two-day official visit, says a statement.Julian is also an executive director of the bank's Hong Kong operations. Anurag Adlakha, chief financial officer for India and S...

The Dhaka Stock Excha- nge (DSE) set fresh records yesterday with its single day turnover and total market capitalisation reaching new high.Bull run continued on the premier bourse of the country yesterday, the first trading day of the week, as all the indices advanced significantly.The benchmark...

The Bangladesh Bank has instructed all the banks to investigate whether any loan amounting to Tk 10 million or more are being properly used or not. Bank governor Atiur Rahman told bdnews24.com that the instruction was given as part of its continuous process to make sure that the money is not used...

SHANGHAI, June 29: Agricultural Bank of China is on track for the world’s largest initial public offering after saying yesterday it planned to raise up to 10.1 billion dollars in the Shanghai portion of its share sale, reports AFP. AgBank — the last of China’s “big four&r...