4h ago| Banks

Feeble monetary policy against challenges

Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.

2d ago| Economy

Bangladesh Bank set to announce new monetary policy Sunday

Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).

3d ago| Banks

Brac Bank to get $100m from Jica, Citi

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

1w ago| Economy

Quick steps needed to ensure good governance in banks

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.

1w ago| Banks

Cost of foreign borrowing may rise

The significant depreciation of the taka, upward movements of interest rates in the advanced and emerging economies, and the tight global financial condition might lift the cost of foreign borrowings and debt burden, said the Bangladesh Bank.

1w ago| Banks

Banks can write off small loans up to Tk 5 lakh

Banks can write off loans up to Tk 5 lakh in the agriculture, cottage, micro, small and medium enterprise, and other sectors without filing any court cases, said the central bank yesterday. 

January 16, 2023
January 16, 2023

Feeble monetary policy against challenges

Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.

January 13, 2023
January 13, 2023

Bangladesh Bank set to announce new monetary policy Sunday

Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).

January 13, 2023
January 13, 2023

Shahjalal Islami Bank re-elects chairman

Mohammed Younus was unanimously re-elected as the chairman of Shahjalal Islami Bank at the bank’s 354th board meeting on Wednesday.

January 13, 2023
January 13, 2023

Brac Bank to get $100m from Jica, Citi

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

January 12, 2023
January 12, 2023

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

January 12, 2023
January 12, 2023

Bank Asia, BB sign deal on agri refinance fund

Bank Asia Limited has signed a participatory agreement with Bangladesh Bank (BB) under a refinance scheme of Tk 5,000 crore for the agriculture sector aiming to ensure food security of the country.

January 12, 2023
January 12, 2023

Ali becomes Pubali Bank’s new MD

Mohammad Ali has been appointed as the managing director and chief executive officer of Pubali Bank Limited by the board of directors.

January 12, 2023
January 12, 2023

Brac Bank to borrow $50m from German institution

Brac Bank Limited will get $50 million loan from a German development finance institution to support SMEs and women entrepreneurs in Bangladesh.

January 12, 2023
January 12, 2023

Why National Bank won’t be penalised

The High Court yesterday asked authorities concerned to explain why appropriate legal measures should not be taken against National Bank and its board of directors over their alleged involvement in corruption and money laundering. 

January 10, 2023
January 10, 2023

Sonali Bank introduces new digital services

Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.