BRAC Bank has increased the salaries of junior grade employees by up to 50 per cent with effect from January 1, 2022.

The Bangladesh Bank has fined National Bank Tk 55 lakh as it tried to conceal loan related information of 11 persons, which is a gross violation of the banking rules.

One Bank has teamed up with Mutual Trust Bank for removing cash friction and building a digital ecosystem by providing interoperability service between MTB and OK Wallet, a mobile financial services provider of One Bank.

Bangladesh Bank yesterday issued guidelines on how banks and non-bank financial institutions should use corporate social responsibility (CSR) funds, with focus on education, health and climate issues.

Dhaka Bank will soon be able to disburse small-scale personal loans within two hours after clients submit their application.

The Bangladesh Bank is considering to follow the path of a gradual depreciation of the taka against the US dollar in order to protect the interests of exporters and remitters.

Bangladesh is touched by the technology revolution across almost all sectors from supply chain to transportation and trading to banking.

Officers and employees of six state-owned commercial banks in haor, island and char areas will get an allowance between Tk 1,650 and Tk 5,000 per month.

The Bangladesh Bank has allowed Padma Bank to clean its balance sheet by giving permission to erase its accumulated loss in order to attain foreign direct investment.

Bangladesh Bank has allowed Janata Bank to regularise default loans of scam-hit AnonTex Group, relaxing its own rescheduling policy.

The Bangladesh Bank yesterday rolled out a stimulus package of Tk 500 crore to support people who migrated back to their villages due to the ongoing economic hardship.

The Bangladesh Bank today rolled out a stimulus package of Tk 500 crore to support people who migrated back to their villages due to the ongoing economic hardship.

China’s central bank confirmed on Saturday that it will implement new schemes aimed at encouraging financial institutions to lend to small businesses under pressure due to the impact of Covid-19.

IFIC Bank is set to sell its more than 40 per cent stake in a Nepalese bank as it no longer sees its business in the Himalayan Kingdom viable.  

Remittance slightly increased in the just concluded year after experiencing a falling trend in the last couple of months.

The HSBC has been recognised as the ‘best cash management bank’ at the CorporateTreasurer Awards 2021.

Banks clocked higher operating profit in 2021 mainly due to the Bangladesh Bank’s relaxed policy that allowed them to count income from unrealised instalments of loans.

Bangladesh Bank has widened the limit of loans under the credit guarantee scheme (CGS) for cottage, micro, small and medium enterprises (CMSMEs).

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments Ltd.

The Bangladesh Bank yesterday decided not to extend the tenure of the current relaxed policy on loan classification despite pleas from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).