At a time when the Bangladesh Bank is struggling to tackle the rising bad loans in the banking sector, it found out that one of its

Some 78 percent of banks in Bangladesh do not have a disaster recovery plan in place, putting themselves at risk of those spawning from various calamities, according to a survey.

Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation.

Five years ago, with forged documents, Bismillah Towels made off with Tk 180 crore from Jamuna Bank -- an incident that instigated wholesale changes in the way the third generation lender functions.

The International Finance Corporation has struck an agreement with the National Board of Revenue to provide technical assistance to the tax administrator in order to help improve Bangladesh's trade competitiveness.

The Exim Bank of India is going to begin operations in Bangladesh from next month to facilitate smooth implementation of projects under India's line of credit.

The Asian Development Bank expects Bangladesh's gross domestic product to grow at 6.9 percent in fiscal 2018, down from the preliminary official estimate of 7.2 percent, due to weak domestic demand.

Exim Bank of India is set to relax one of the major conditions for the projects under the $4.5 billion line of credit extended to Bangladesh for smooth implementation of the projects.

BASIC Bank's new management managed to recover cash amounting to Tk 1,204 crore in the last three years but its overall financial condition continues to remain weak.

I have written many times in the past about the need to address the governance issues in the state-owned commercial banks (SCBs).

Bangladesh Bank has been elected as the vice-chair of the board of Alliance for Financial Inclusion (AFI) for two years. The election took place in the second annual general meeting of AFI during its ninth Global Policy Forum held on September 12-15.

More and more banks are showing interest in converting into full-fledged Islamic banks but the central bank is not giving new licences for the expansion of the shariah-compliant finance.

Bankers formed an association of anti-money laundering compliance officers with an aim to work closely and effectively with the Bangladesh Financial Intelligence Unit and other regulatory authorities, the association said in a statement yesterday.

Md Golam Faruque has recently been promoted as the managing director of South Bangla Agriculture and Commerce (SBAC) Bank.

Entry-level banking jobs, which offer a better pay package than many others, have become more accessible after the Bangladesh Bank yesterday instructed banks not to mention any specific discipline or university in their job advertisements.

The interest rates on deposit crept up in July, breaking a downtrend of two and a half years on the back of a rising private sector credit demand.

Banks are offering discounts on home appliance purchases through credit cards this Eid-ul-Azha as they look to cash in on the shopping frenzy surrounding the religious festival.

Citibank NA Bangladesh has recently won the Global Finance Magazine country award for excellence in digital banking in corporate and institutional segments of the market for the tenth consecutive year.

Eight state banks had a capital shortfall of Tk 12,683 crore at the end of June even though they got a handsome amount of fund from the government exchequer.

About 58 percent of the bank branches in the country do not have any policy for transferring funds from one branch to another, according to a research of the Bangladesh Institute of Bank Management.