BB heist: Slim chance to get back more money, says Muhith

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.
6 May 2016

A GLITTERING NIGHT

The night began with the audience swaying to the tunes of legendary singer Ayub Bachchu, who mesmerised guests with his acumen on the guitar.
4 May 2016

Efforts on for innovation

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.
4 May 2016

UCB brings 'imperial' product

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.
4 May 2016

Cyber threat and security

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.
2 May 2016

Two held in BASIC Bank scam case

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.
30 April 2016

SIM re-registration deadline now May 31

Time for biometric SIM re-registration, which was scheduled to end today, has been extended to May 31, says State Minister for Posts and Telecommunications Tarana Halim.
30 April 2016

Catch a break this summer with ‘best holiday deals’

Want to catch a break and escape the heat that has been burning down Dhaka?
28 April 2016

Last-minute rush for SIM re-registration

All telecom operators’ registration points are facing a huge influx of subscribers as only three days remain to complete their SIMs re-registration.
27 April 2016

Bangladesh Bank exposed to hackers by cheap switches, no firewall: cops

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.
21 April 2016

BB heist probe report will be made public: Muhith

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.
21 April 2016

GP’s net profits up 4.85pc

Grameenphone’s net profits in the first quarter of 2016 increased 4.85 percent year-on-year to Tk 561 crore on the back of healthy growth in internet subscription and revenue.
20 April 2016

SIM re-registration gets a boost after court verdict

The process of SIM re-registration through biometric verification gained momentum after the court’s verdict came in favour of the government move on April 12.
20 April 2016

Bank Asia declares 20pc dividends

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.
18 April 2016

Taskforce formed to retrieve BB's stolen funds

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.
13 April 2016

Data traffic rockets after 3G rollout

Data consumption in Bangladesh increased six times in the last two years thanks to faster mobile internet services, said a top official of Ericsson.
13 April 2016

Dhaka bank sent 3 urgent messages

Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.
13 April 2016

HC issues rule for recovering stolen BB money

The High Court issues a rule asking the government to explain in four weeks as to why it should not be directed to take necessary steps to recover the money stolen from Bangladesh Bank.
12 April 2016

Robi-Airtel merger may take more time

The landmark merger of Robi and Airtel is going to face a further delay as the government is yet to finalise its recommendations and will seek more time from the High Court today.
10 April 2016

HSBC appoints deputy CEO for Bangladesh

Md Mahbub-ur Rahman has been appointed as deputy chief executive officer and country head of commercial banking for HSBC Bangladesh, effective today, the bank said in a statement.
9 April 2016