The Anti-Corruption Commission (ACC) yesterday filed 23 more cases in connection with the Tk 5,000-crore BASIC Bank scam between 2010 and 2013.

The central bank should go for a steady depreciation of the taka to help exporters maintain their competitiveness as Bangladesh's

Md Saifur Rahman Patwary has been promoted as the deputy managing director of First Security Islami Bank, the bank said in a statement yesterday.

Online banking platforms enable customers to make seamless payments between countries and currencies and give businesses greater control over cash and collection, a banker said.

Two sisters and a youth committed suicide at Ramnagar village and Mollapara area under sadar upazila of the district on Friday.

Small and medium enterprises can play a key role in export diversification, given they are provided with the required support that will effectively help Bangladesh cut its overreliance on garments for foreign currencies.

Bangladesh Bank has refused to approve the reappointment of Mirza Abbas Uddin Ahmed, popularly known as Mirza Abbas, as a director of Dhaka Bank for a series of criminal cases pending against him, a central bank official said yesterday.

Four private borrowers, mostly from the power sector, got loans of $120.72 million from seven banks and financial institutions under an investment promotion programme of the World Bank.

Effective policy and its timely implementation are crucial for the garment sector in Bangladesh to tap the potential that exporters, the government and international organisations often discuss.

With share prices in Shanghai and Hong Kong up and down all day, it would be premature to say that yesterday's decision by the People's Bank of China to cut interest rates and make it easier for banks to lend has brought calm to stock markets.

China has cut its main interest rate to boost growth in its economy.

Bangladesh Bank yesterday warned it would curtail the functions of BASIC Bank as per laws if the problem-ridden lender did not

India opened its first private bank in 11 years that will focus on micro loans to give financial inclusion a boost.

Bankers and analysts yesterday criticised the central bank's draft guidelines on mobile financial services that proposed forming a platform consisting of multiple players with no single party having more than 15 percent stake.

Credit rollout by local private banks grew at a faster rate than foreign and state-run lenders last fiscal year due to their aggressive push for more profit.

Commercial banks are now getting access to the national identity database, which bankers said would help them check authenticity of clients' information and reduce forgeries.

Bangladesh Bank has decided to use information technology to identify scams and thwart irregularities in banks.

In 1978, Noorul Quader Khan, who is also called the father of the country's garment industry, was struggling to start production in his Desh Garments Ltd due to a lack of working capital and apparel accessories although the factory was ready with trained manpower.

The IMF warned Friday that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth

China's currency devaluation bombshell this week blew apart the growing consensus that global inflation had bottomed out and was