Brac Bank won the Data Champion Award from New York-based Financial Alliance for Women, which works for knowledge sharing, capacity building and research to promote women’s banking across the globe.

Bangladesh’s banks have Tk 169,586 crore excess liquidity and there is no liquidity crisis in the country’s banking sector, Bangladesh Bank said in an urgent notice today.

Bangladesh Bank today said cases of under and over-invoicing of imported and exported items came to its notice during specials audit.

Al-Arafah Islami Bank won the International Organisation for Standardisation (ISO) certificate by SCK Certifications Private Ltd on fulfilling standards requirements for information security management systems.

Pubali Bank and The Institute of Chartered Accountants of Bangladesh (ICAB) signed a memorandum of understanding (MoU) on document verification system (DVS) recently.

Bangladesh Bank yesterday said there was no crisis of liquidity in banks and savers’ money was absolutely safe. 

Bankers in Bangladesh will have 24 government holidays in 2023 apart from the two days in the weekends, according to a circular issued by the Bangladesh Bank today.

The Bangladesh Bank is going to make public the gross and net foreign reserve figures separately on a regular basis in line with global practices, said officials. 

A money changer will be able to hold maximum cash of Tk 50 lakh per day in their vaults, said the Bangladesh Bank yesterday as it beefed up its efforts to tackle hundi. 

Users of Mobile Financial Services (MFS) are going to get the opportunity to transfer money from one MFS provider to another as Bangladesh Bank is going to launch the interoperability of all sorts of accounts from next Sunday.

The Bangladesh Bank today said no money changer in the country will be allowed to keep over Tk 50 lakh in their vault a day.

Brac Bank has launched the country’s first end-to-end digital loan app Shubidha. 

The Bangladesh Bank has allowed banks to help students who are studying in China pay their tuition fees.  

NCC Bank has signed an issuing bank agreement with Asian Development Bank under its “Trade and Supply Chain Finance Program (TSCFP)” recently.

Padma Bank and Rico International signed a memorandum of understanding (MoU) on student banking relationship in Dhaka on Tuesday.

Southeast Bank won “The 2022 US Dollar Clearing Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class” of JP Morgan Chase Bank NA, the largest bank in the United States.

Bangladesh Bank yesterday relaxed its rules to facilitate lending for the establishment of coal-based power plants and buying the dirty fuel to generate electricity.

The Bangladesh Bank today raised the interest rate for loans from its export development fund (EDF) by 1 percentage point with a view to making borrowing costlier and thus saving foreign currencies.

Parliament Speaker Shirin Sharmin Chaudhury has called upon the banking sector leaders to uphold values and pursue responsible financing to build a sustainable and prosperous future for all.

A three-day summit of the Global Alliance for Banking on Values (GABV) will start tomorrow in Dhaka to share ideas and find solutions for sustainable run of the financial industry.