The World Bank yesterday questioned the 7.65 percent economic growth estimate being peddled by the Bangladesh Bureau of Statistics for fiscal 2017-18, raising doubts over claims of robust expansion of the manufacturing sector and domestic demand.

Agent banking is the most useful channel when it comes to providing financial services to the extreme poor, speakers told a national seminar at Amari Dhaka yesterday.

The Metropolitan Chamber of Commerce and Industry yesterday urged the government to pay special attention to banking sector management in the budgetary measures for next fiscal year.

Five top officials of Islami Bank Bangladesh have resigned from their jobs following restructuring at the management level.

Prime Bank's deputy managing director Habibur Rahman has been promoted to the post of additional managing director.

The Bangladesh Association of Banks (BAB), a forum of private banks' directors, has taken up an initiative to raise Tk 160 crore for the Prime Minister's Relief and Welfare Fund.

Anti-Corruption Commission (ACC) summons an Awami League lawmaker and also a director of Premier Bank at its office for quizzing over allegations of illegally amassing Tk 134 crore in collusion with some bank officials.

The decisions taken by the government and the central bank would increase the money supply in the market, but it would encourage

The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key

Misuse of political power in banking business results in Bangladesh Bank (BB) facing impediments in taking decisions independently along with punitive measures against large scams, says a survey.

Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.

Five banks from Bangladesh have recently been awarded at the Asiamoney best bank awards 2018.

Private banks' net profits slid for the first time in four years in 2017, dragged down by their ballooning non-performing loans.

Nine banks, which include eight state banks and the trouble-hit Farmers Bank, have failed to meet the minimum regulatory capital needs, in a worrying development for the government.

Stock brokers and merchant banks yesterday urged the Bangladesh Bank to reset the banks' capital market exposure and extend the deadline for lowering the loan-deposit ratio with a view to propping up the stockmarket.

A number of Farmers Bank depositors have filed complaints with the Bangladesh Bank after the scam-hit bank failed to repay them Tk 852 crore of deposits citing a liquidity crunch.

United Commercial Bank's profit rose 3.6 percent year-on-year to Tk 272.23 crore last year. The private commercial bank disclosed the annual earnings at a programme at its corporate office in Dhaka yesterday.

Shahjalal Islami Bank has recently appointed Mian Quamrul Hasan Chowdhury as deputy managing director.

Trust Bank has recently appointed Junaid Masroor as deputy managing director.

Finance Minister AMA Muhith says that state owned banks and Investment Corporation of Bangladesh (ICB) will buy 60 percent shares of trouble-hit The Farmers Bank Limited.