The government's borrowing from the banking system shot up in the last two months to meet its expenditure ahead of the national election scheduled next week.

All banks will remain closed on the last four days of the year because of weekend, general holiday for election and bank holiday.

The central bank has agreed to sit with the Law Commission after top bankers called for steps to bail banks out of a huge backlog of court cases related to nonperforming loans.

Ashraful Haq Chowdhury has recently been elected as independent director of Bank Asia.

On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.

New notes of Tk 2 and Tk 5 denominations will be released from Bangladesh Bank's Motijheel office today. The two new notes will carry

The Bangladesh Securities and Exchange Commission has allowed Eastern Bank Ltd to raise Tk 500 crore by issuing floating non-

The World Bank (WB) on Saturday approved a $500 million loan to help improve livestock and dairy production to meet the growing demand for egg, meat and milk and raise nutritional intakes of the Bangladeshis.

Bangladesh should introduce environment-friendly public transport for both short and long distances to significantly reduce heat-trapping emissions and effectively address climate change effects, ADB's country director said yesterday.

WorldRemit, a global digital money transfer service, joined hands with Brac Bank and bKash to offer remittance transfer services in Bangladesh.

The government has started borrowing heavily from banks in November after holding back in the previous three months to meet its growing cash requirement ahead of the national election in the next month.

Md Touhidul Alam Khan, deputy managing director of Prime Bank, has recently been selected as a scientific committee member of 7th Annual International Sustainable Development Conference-2019, scheduled to take place in Bangkok next July.

The Bangladesh Institute of Bank Management (BIBM) yesterday proposed the government launch a Tk 200 crore credit guarantee scheme to encourage banks to lend more to small and medium enterprises.

Agent banking, which takes banking services to the unbanked people, is going from strength to strength, with both deposit collection and loan disbursement on the rise.

Dhaka Bank has recently witnessed the reappointment of Syed Mahbubur Rahman as managing director and CEO.

Bangladesh's efforts to deepen financial inclusion took a step forward yesterday as Bank Asia launched the country's first-ever complete banking services on the premises of a garment factory.

Ownership of a number of banks by a few individuals and families has contributed to the deterioration of corporate governance in the banking industry and erosion of competitiveness of local lenders, a study said.

The potential of small and medium enterprises is yet to be fully utilised in Bangladesh although they have the ability to create numerous jobs and increase contribution to the gross domestic product, a study finds.

Eastern Bank Limited (EBL) has recently received two global awards from International Finance Corporation (lFC) of World Bank Group.

In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing says data from "almost all" Pakistani banks was looted in a recent security breach.