Bangladesh Bank Governor Fazle Kabir yesterday cautioned four state-owned commercial banks and instructed them to grant loans

British banking giant HSBC is set to shutter six of its 13 branches in Bangladesh as part of its global strategy to cut costs.

Banks are providing industrial loans at a maximum cost of 6.5 percent -- which is almost half the going interest rates -- from a fund provided by the World Bank, a development that will put a smile on the faces of businesses.

Vietnam's Tien Phong Bank said on Sunday it had thwarted a cyber fraud attempt late last year, and a third-party service it used to

Abdus Sobhan Khan and Shah Syed Abdul Bari have been promoted to the post of deputy managing director of National Bank, according to

The parliamentary standing committee on the finance ministry has called for global pressure on Manila-based Rizal Bank to retrieve the

Mohammed Rabiul Hossain has been promoted as the managing director and chief executive officer of Uttara Bank.

In the years before hackers stole $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack -- but judged the prospect unlikely, bank sources told Reuters.

Finance Minister AMA Muhith says there is hardly any chance to get back more money from the US$100 million hacked from the Bangladesh Bank's account with the Federal Reserve Bank of New York.

The night began with the audience swaying to the tunes of legendary singer Ayub Bachchu, who mesmerised guests with his acumen on the guitar.

A dynamic organisation always seeks to explore innovative approaches, and United Commercial Bank, being a leading private commercial bank, also frequently pursues diversified and futuristic initiatives towards excellence, the bank’s managing director, Muhammed Ali, said.

United Commercial Bank, a leading private commercial bank in Bangladesh, will work relentlessly to make banking easier for customers, Chairman of the lender MA Sabur said.

Cyber security is the ability to protect or defend the use of cyberspace from cyber-attacks, according to the National Institute of Standards and Technology, USA.

The Anti Corruption Commission (ACC) with the help of police arrested two businessmen, in a case of misappropriating Tk 70 crore of BASIC Bank, from their homes in Jamalpur early yesterday.

Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists says.

The government will make public the probe report on the cyber heist of US$101 million from Bangladesh Bank’s account with New York’s Federal Reserve Bank.

The Asian Development Bank will provide Tk 13,115 crore loan for implementing a rail route project which will connect Bangladesh to the east and west.

Bank Asia declared 20 percent dividends—5 percent bonus share and 15 percent cash dividend—for 2015 at the bank's 17th annual general meeting at Dhaka Ladies Club yesterday.

The government yesterday formed a seven-member taskforce headed by the banking secretary to bring back the $81 million funds stolen from Bangladesh Bank's account with the New York Federal Reserve.

The government forms a high-powered taskforce to recover the money hacked from the Bangladesh Bank's account with the US Federal Bank in New York.