Banking Sector

Banking Sector
Bangladesh Bank governor Abdur Rauf Talukdar addressing a press briefing on Thursday at the Bangladesh Bank's Jahangir Alam conference room

Press briefing Economy under pressure, measures are being taken: BB governor

The central bank governor hopes that a positive trend will return to the economy in the next couple of months

Janata Bank

Janata Bank BB overturns decision under 'pressure from powerful quarter'

The regulatory body could not stand fast in its decision on the state-owned bank for even 24 hours

Editorial

Banking sector at risk by benefiting loan defaulters

In the new directives, those who did not repay billions of taka in loans taken from the banks will not only be able to clear themselves by paying small installments, but will also be able to take new ...

Rumee Ali steps down from AB Bank chairman post

Rumee Ali steps down from AB Bank chairman post

Muhammad A (Rumee) Ali has stepped down from the chairman post of Arab Bangladesh (AB) Bank, citing personal reasons.

Banks told to provide emergency service from branches near flood-hit areas

Banks told to provide emergency service from branches near flood-hit areas

Banks have been instructed to provide emergency service from their branches in the areas where flood situations forced to close banking operations

City Bank approves 12.50% cash and 12.50% stock dividend

39th City Bank AGM in digital platform City Bank approves 12.50% cash and 12.50% stock dividend

The 39th Annual General Meeting (AGM) of City Bank was held on Sunday, 12 June over a virtual platform. Aziz Al Kaiser, Chairman of the Bank, presided over the meeting

(Clockwise) Mustafa K Mujeri, Md Abul Bashar, Sutapa Chowdhury, Lila Rashid, Sanjida Akter and Fahmida Khatun

CRD-Prothom Alo roundtable Women’s participation in financial transaction must increase: Speakers

Speakers at a roundtable said women lag behind in receiving service related to depositing money through bank accounts, mobile banking and agent banking as well as loan, expenditure and transaction. ...

City Bank’s credit rating moves upward

City Bank’s credit rating moves upward

CRAB has upgraded the long term rating from AA2 to AA1

Salehuddin Ahmed

Interview: Salehuddin Ahmed Interest rates and dollar exchange rates must not be fixed

The governance, transparency and accountability of Bangladesh's banks are not satisfactory. The appointment of their directors, their policies and recommendations are not always neutral or based on ...

Logo of Bangladesh Bank

Dollar crisis: Will remittance increase with fixed exchange rates?

Last week, several banks purchased dollars from expatriates at an exchange rate of more Tk 95 a dollar and sold these in the country at higher rates, creating a pressure on people since rising dollar ...

Bangladesh Bank

Dollar rate: BB governor to hold meeting with bank MDs Thursday

Bangladesh Bank (BB) Governor Fazle Kabir will have a meeting with the managing directors (MDs) of commercial banks on the volatile dollar.

Bank

This interest rebate to benefit whom

Two leading business groups of the country have received an interest rebate of about Tk 40 billion (4,000 crore) from the banks they own and Bangladesh Bank has given no objection to it. More ...

BRAC Bank TARA, Green Delta Insurance to provide complimentary insurance benefits

BRAC Bank TARA, Green Delta Insurance to provide complimentary insurance benefits

BRAC Bank’s Women Banking Segment - TARA – has signed a partnership agreement with Green Delta Insurance Company to provide a digital healthcare package to its customers

Faruk Ahmed

Faruk Ahmed appointed DMD of City Bank

Faruk Ahmed has been recently promoted as the Deputy Managing Director of City Bank

Migrant workers, mostly from Bangladesh, queue to collect free masks and get their temperatures taken in Singapore on 23 February 2020

Covid impact Migrant worker families dip into savings

Relatives of expatriates withdraw a major portion of the money sent from abroad. The rest of the money is deposited in the bank. As a result, the growth rate of money deposited by expatriates in ...

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