Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore

The Bangladesh Bank has cut down the time for foreign direct investment receiving and sending firms and their dealer banks to submit FDI reporting forms and supporting documents to the central bank.

Southeast Bank recently promoted two senior executive vice-presidents to the post of deputy managing directors.

Pubali Bank recently promoted three general managers to the posts of deputy managing directors. 

The agricultural and cereal price indices closed 2 per cent higher than two weeks ago, the World Bank’s latest food security update showed.

Shahabuddin was made IBBL director in June 2017 after the change of ownership of the bank

The Bangladesh Bank has injected $330 million into the country’s foreign exchange market since February 1 when the International Monetary Fund disbursed $476.27 million to Bangladesh as the first installment of a $4.7 billion loan. 

Bank Asia has signed an agreement with Pragati Life Insurance to provide group health insurance facilities for its employees. 

Bangladesh Garment Buying House Association and 10 Bangladeshi companies have recently participated in a three-day apparel sourcing trade show, Texworld New York City, with Brac Bank as a banking partner. 

Leading German financial institution Deutsche Bank has opened its representative office in Dhaka’s Gulshan 1 on February 6.

The Japan Bank for International Cooperation (JBIC) has expressed interest in investing in Bangladesh’s sugar industry as well as setting up a fertiliser factory like the one in Ghorashal town under Palash upazila of Narsingdi.

The leading global bank joins over 70 other German companies already present in Bangladesh

A three-day orientation programme organised by Bank Asia for newly appointed tellers and front desk officers at the Bank Asia Institute for Training and Development in Lalmatia, Dhaka ended on Tuesday. 

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, has been presented the “Best Banking CEO of the Year, Bangladesh 2022” award by Singapore-based business magazine World Business Outlook.

Bangladesh Bank has made securing a banking diploma mandatory for bankers to get promoted to senior officers and above in order to increase their skills and efficiency.

Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.

Standard Bank has recently appointed a new managing director (MD) and chief executive officer. 

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.