Bangladesh Securities and Exchange Commission yesterday approved the prospectus of a Tk 100-crore closed-end mutual fund sponsored by Agrani Bank.

The central bank has tightened its reporting requirements on capital market activities for banks and its subsidiaries to monitor the market closely.

Aftab ul Islam has recently been appointed as the director of Bangladesh Bank.

Kazi Sanaul Hoq has recently joined Rajshahi Krishi Unnayan Bank (Rakub) as managing director.

Emranul Huq has recently been promoted as the additional managing director of Dhaka Bank with effect from January 1, 2017.

Md Abdul Hamid Miah has joined Islami Bank Bangladesh as its managing director and CEO.

Sujit Kumar Varma, chief general manager of international banking group at State Bank of India's corporate centre in Mumbai, India, is scheduled to arrive in Dhaka tomorrow.

Standard Chartered yesterday attached a relatively stable outlook to Bangladesh for 2017, saying the country is positioned to be one of the fastest growing Asian economies in the year amid a volatile global scenario.

Bangladesh Bank has once again urged commercial banks to reward their first-rate buyers with rebates on interest payment and

The government yesterday signed a $360 million financing agreement with the World Bank to improve navigability of 900-kilometre inland waterways along the Chittagong-Dhaka-Ashuganj corridor and connecting routes.

The banks that are performing poorly should be merged with the better performers, Finance Minister AMA Muhith said yesterday.

Only one bank out of the 57 operating here has so far offered incentives to its good borrowers in compliance with a Bangladesh Bank

Farmers in eastern India have fallen back on the exchange of labour to tide over the crash crunch after the launch of the government's demonetisation drive in villages.

Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide.

The central bank has asked financial institutions to create a sustainable finance unit, to help the country achieve the sustainable development goals or SDGs.

The Philippine government wants Bangladesh to share the findings of its investigation into how unknown hackers pulled off one of the world's largest cyber bank heists, to help speed up recovery of the stolen funds.

After nearly a year of stable exchange rate, the taka has started to weaken against the dollar -- a development that is cheering up

Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct

Bank Asia celebrated its 17th anniversary at International Convention City Bashundhara in Dhaka on Sunday with a commitment to serve

State banks continue to be afflicted by large-scale financial felonies despite the government efforts in recent years to stop picking up