The National Board of Revenue has extended tax exemption benefits to Grameen Bank, clearing the Nobel Prize-winning organisation from the obligation to pay Tk 77.65 crore in tax.

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.

Banks' average lending rate came down to 11.93 percent in March, the lowest in two years, riding on lenders' falling cost of funds and measures aimed at reducing expenditures.

Bumper production of cucumber and its good market price have made Dinajpur farmers happy.

Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank's efforts as it aspires to become one of the most beloved commercial banks in four years, its chief executive officer said.

Bangladesh Bank has introduced a large loan restructuring policy to stand by all businesses in trouble, Governor Atiur Rahman said.

Scandal-hit global bank HSBC on Tuesday posted rising quarterly profits, but added regulators have requested more information about its controversial Swiss division.

The government yesterday signed a $200 million financing agreement with the International Development Association (IDA) for the Nuton Jibon Livelihood Improvement Project.

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.

The Asian Development Bank has signed an agreement with eight global banks to work together to advise governments on public-

Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.

The Asian Development Bank's lending and grant capacity will rise to $20 billion in 2017, up 50 percent from the current level, which

Improving financial education of remittance recipients, expanding digital finance and promoting remittance-linked capital market

The central bank governor yesterday accused banks of holding up employees, including female staff, way past the banking hours, a

Md Sirajul Islam Varosha has recently been elected as the chairman of Jamuna Bank.

Sonali Bank Chairman AHM Habibur Rahman resigned unexpectedly from his post on Sunday, just eight months short of the end of his tenure.

Queen Maxima of the Netherlands has appreciated the growth of financial inclusion in Bangladesh and expressed her interest to visit the country

Bangladeshi migrant workers pay the highest recruitment costs in the world, the World Bank said in a report. Citing a recent survey by the Global Knowledge Partnership on Migration and Development, the WB said worker-paid recruitment costs averaged $1,955 in Kuwait with the Bangladeshis paying the highest, ranging between $1,675 and $5,154.

MA Hashem has been re-elected as the chairman of United Commercial Bank, the bank said in a statement yesterday.

Tim Evans, HSBC's regional head for mid market enterprises under commercial banking in Asia Pacific, is scheduled to arrive in Dhaka for a two-