Bangladesh Commerce Bank Limited (BCBL) held its Business Develop-ment Meeting-2012 of Dhaka Divisional Managers at the head office on Thursday.

The government is going to make local Taka currency convertible in capital account, a move which, central bank sources say, will allow overseas investment by Bangladeshi entrepreneurs.

Standard Chartered Bank has arranged a syndicated term loan of Tk 92 crore for ACME Specialised Pharmaceuticals.

Bangladesh Bank Governor Atiur Rahman has received the prestigious Indira Gandhi Gold Plaque 2011 at a ceremony in Kolkata, the central bank said in a statement yesterday.

Social Islami Bank Limited inaugurated Off-Shore Banking unit of the bank at a simple ceremony at Banani in the city recently The Chairman of the Board of Directors of the Bank Mr. Md. Anisul Hoque was present in the programme as the chief guest and inaugurated the OBU.

US Secretary of State Hillary Clinton on Sunday said the US does not want to see any government action that might undermine the functioning of Grameen Bank. “Undermining the bank by any government is unexpected…We don’t want to see any action, which undermines the functioning of Grameen Bank,” s...

Islami Bank Banglad- esh Limited (IBBL) organised a day-long conference of field officers of rural development scheme (RDS) of the bank at the Institution of Diploma Engineers, Bangladesh.

MANILA: Indian Finance Minister Pranab Mukherjee was on Saturday elected as Chair of the ADB’s Board of Governors and the country will host the 46th annual meeting of the Asian Development Bank in New Delhi next year.

Bangladesh Bank has feared crisis in the supply of one and two taka worth coins in the next two years as tender for coins’ procurement is canceled after six companies complained about a condition which asks to ensure that there is no health hazards with the coins.

The National Board of Revenue (NBR) is going to take strong action soon to collect taxes from the parties involved in the Bangladesh Premier League (BPL) T20 tournament.