IMF to check updates on BASIC Bank

Troubled BASIC Bank will figure prominently in discussion during the upcoming visit of a delegation of the International Monetary Fund, central bank officials said.
2 November 2015

New DMD for Shahjalal Islami Bank

Md Monjerul Islam has recently joined Shahjalal Islami Bank as a deputy managing director.
2 November 2015

Asian Banking Summit kicks off in Dhaka tomorrow

A banking summit focusing on how the country's banking sector can remain competitive by managing risk along with embracing growth opportunities will begin in Dhaka tomorrow.
1 November 2015

Robi, Airtel merger worries top operators

Grameenphone has recently sought clarification from the telecom regulator on whether the operator will be allowed to take part in the
29 October 2015

Forex reserves cross $27b

Foreign exchange reserves yesterday crossed the $27 billion mark for the first time, egged on by a drop in global commodity prices,
29 October 2015

WB pledges greater support

The World Bank yesterday pledged greater support for Bangladesh's efforts to reform its economy as it would spread prosperity faster
29 October 2015

Real-time payment settlement goes live

After several missed deadlines, Bangladesh Bank's real-time gross settlement system (RTGS) finally went live yesterday, a move that
29 October 2015

HSBC shifts derivatives trades to Hong Kong as HQ decision looms

HSBC has begun shifting billions of dollars worth of derivatives trades from London to Hong Kong to take advantage of the city's
27 October 2015

BB to give foreign currency loans to small, medium manufacturers

Bangladesh Bank is set to provide long-term foreign currency financing to small- and medium-scale manufacturers with funds from the
27 October 2015

Bharti Airtel profit rises

Bharti Airtel Ltd, India's top mobile carrier by subscribers, posted a 10 percent rise in quarterly net profit that beat estimates, helped by
26 October 2015

Seven banks post negative credit growth

Seven banks out of the total of 56 posted negative year-on-year credit growth in August -- a manifestation of the central bank's growing compliance requirements.
25 October 2015

Digital hammer: Breaking geographical boundaries with internet for all

Yasir Azman talks about Grameenphone's plan to bring in full internet connectivity for Bangladesh and how he draws insights into the Bangladeshi youth by following his 12 year old son's behavior.
22 October 2015

Robi-Airtel merger may be delayed

The telecom regulator has sought certain assurances from Robi and Airtel before it makes its recommendation to the government about their merger, a move that is likely to delay the closing of the deal further.
22 October 2015

State banks pass hard times as loan growth stalls

State-owned commercial banks are struggling to get new business in a market that is becoming increasingly competitive, data from Bangladesh Bank shows.
22 October 2015

Strengthen cyber security measures

Bangladesh's current security measures are not adequate to combat hi-tech cyber crimes, said Sunil Kanti Bose, the outgoing chairman of the telecom regulator.
21 October 2015

Banglalink making profits: CEO

Banglalink has become the third operator after Grameenphone and Robi to register profits, although it never formally acknowledged its turn in fortunes.
21 October 2015

Bangladesh approves 24 more economic zones

The government has approved 24 more economic zones, including two separate special zones for Japan and India.
21 October 2015

Tarana satisfied with her division's 90-day performance

Tarana Halim, state minister of the posts and telecommunications division, has expressed satisfaction over the division's performance
20 October 2015

Brac Bank makes account opening easy

Opening a bank account was not so easy even a few years ago. But with the advancement of technology and the central bank's
20 October 2015

New chief information officer for Sonali Bank

Md Mofazzal Hossain has recently been appointed as the chief information officer of Sonali Bank.
19 October 2015