The Bangladesh Bank yesterday said that the New York County Supreme Court has not given any judgement in a case filed against the three prime accused in connection with the 2016 reserves heist.

Al-Arafah Islami Bank, in collaboration with Mastercard, yesterday launched the first contactless Islami debit and prepaid cards in Bangladesh.

Shafiuzzaman has recently been promoted to the post of additional managing director of Bank Asia Ltd.

Bangladesh Bank yesterday drew up a classification and provisioning policy for a group of financial items of banks excluding loans and advances, terming it “other assets”, with a view to ensuring discipline in the banking sector.

A top United States court has dismissed a Bangladesh Bank case against a Philippines business entity, which was accused in the unprecedented cyber-heist faced by the central bank six years ago, according to media reports.

Nine banks, including four state lenders, suffered net losses in 2021, largely as a consequence of financial scams that forced them to set aside higher provisioning.

Banks had initially focused on using agent banking platforms to mobilise deposits from rural areas, for which lending took a back seat.

Standard Bank Ltd (SBL) virtually organised a seminar titled “Ramadan Taqwah and Banking” on the first day of the fasting month.

Bangladesh Bank yesterday warned banks not to show any unrealised interest gained from the rescheduled loans as their income.

Bank Asia has organised an orientation programme for its newly appointed management trainees and probationary officers at the Bank Asia Institute of Training and Development (BAITD) in Lalmatia, Dhaka on Monday.

Dhaka Bank Ltd recently signed an agreement with Canadian University of Bangladesh (CUB) to provide banking facilities to the students of the university.

One Bank recently signed an agreement with Academia on digitisation of payment collection and operational management through OK EMS (Education Management Solution).

Eastern Bank Ltd (EBL) signed an agreement with Bangladesh Satellite Company to connect its ATM network to Bangabandhu Satellite-1.

Brac Bank organised a programme in Munshiganj town recently for raising awareness on the benefits of remittance inflow through banking channels alongside honouring the top 10 remittance beneficiaries of Munshiganj.

Large foreign banks operating in Bangladesh took a hit in 2021 as their profits plunged due to the impacts of the coronavirus pandemic and the lower interest rate regime.

NRB Commercial Bank has entered into its 10th year of operations.

Trust Bank Ltd and Radisson Blu Dhaka Water Garden recently signed a memorandum of understanding (MoU) over having hotel dine facility for a one-year term.

The Hong Kong and Shanghai Banking Corporation (HSBC) has set a goal to provide between $750 billion and $1 trillion in financing and investment globally in the next decade to support its clients to lower carbon emissions and achieve sustainable growth.

The World Bank has extended a $250 million financing to Bangladesh in budgetary support after the country has moved to bring in fiscal and financial reforms to strengthen policies to sustain growth and enhance resilience to future shocks.

Brac Bank posted a 15 per cent higher profit year-on-year to Tk 465 crore in 2021 as its business momentum gained pace, mainly in the second half.