Defaults in the industrial sector soared 30.31 percent at the end of September as large borrowers who enjoyed restructuring facilities under a special Bangladesh Bank scheme in 2015 failed to repay their loans.

The Anti-Corruption Commission has started investigations into the financial transaction of an account named Eden Fisharies that is owned by the disgraced former BASIC Bank Chairman Sheikh Abdul Hye Bacchu.

City Bank has recently arranged $26 million in funds for Doreen Group to help it set up a 53.9-megawatt heavy fuel

The central bank has shot down requests for compensation of Tk 1,439 crore from Bangladesh Krishi Bank and

Md Shah Alam has recently been promoted to the post of executive director of Bangladesh Bank.

Syed Mahbubur Rahman, managing director of Dhaka Bank, has been elected as the chairman of the Association of

The much overdue election for Grameen Bank's board, which the award-winning microlender has been soliciting for

A total of 88 percent of banks in Bangladesh have put in place centralised core banking systems, which are allowing them to avert fraud, cut cost and provide real-time services online to customers, according to a new research.

The finance ministry has forwarded yet another proposal for a new bank to the Bangladesh Bank for its vetting -- at a time when the financial health of the nine fourth generation banks is deteriorating.

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.

School banking is gradually getting a huge response among students across the country as deposits with the banking accounts

Welltex Group, the top defaulter of BASIC Bank who was allowed to reschedule loans under a special arrangement by the Bangladesh

A three-day workshop on international trade finance for more than 50 Bangladeshi bankers begins in Thailand today.

Bangladesh Bank has frozen Tk 51 crore from ONE Bank's current account with the banking regulator and Tk 25 crore from Premier

Bangladesh Bank removes Farmers Bank Managing Director AKM Shameem as he failed to maintain the rules of the central bank.

Mohammed Mahtabur Rahman has recently been re-elected as chairman of NRB Bank for next three years, said the

The World Bank has approved an additional $245 million to help Bangladesh improve equity, efficiency and

A two-day insurance fair will begin in Sylhet on Friday with a view to raising people's trust in insurers.

Corruption and loan irregularities by board members are pushing yet another financial institution towards the brink

The newly reconstituted board of Farmers Bank has injected Tk 17 crore into the bank to help the trouble-hit lender deal with the