Most of the funds are embezzled by four clients namely Hallmark, Bismillah, Crescent and AnonTex groups.
NRB Bank Limited, a leading 4th generation bank of the country started formal operations of Bondhu Agent Banking at Balinga Bazar, Biyanibazar, Sylhet.
Bank Asia yesterday opened a new branch – Bank Asia Tower Branch –at Karwan Bazar in Dhaka on the lender's own property.
Amid allegations of irregularities surrounding the gold kept by the customs in the central bank’s vault, the state minister for finance has said the government will look into the matter.
The Bangladesh Bank has detected some gross violations in foreign exchange transactions that have raised concerns about money laundering.
The decision was taken at a meeting of the BB board of directors, held at its headquarters in the capital on Sunday, with BB Governor Fazle Kabir in the chair.
Bangladesh Bank (BB) governor Fazle Kabir on Saturday called the public and private commercial banks to remain alert over the growing mismatch in the growth of import and export
Under the new mechanism, the bankers will now be allowed to conduct transactions using 'EMVCo-Compliant' credit cards
The central bank has started preparations to formulate its next monetary policy, giving top priority to curb the rising trend of inflation and help the productive sectors achieve maximum economic growth
The meeting approved 10 per cent stock dividend for the shareholders for the year of 2017 and the Directors Reported and audited Balance Sheet and Profit and Loss Account for the year ended on 31 December 2017
After Nakao received a request from Bangladesh Finance Minister Abul Maal Abdul Muhith for grant assistance when they met in early May, ADB developed and processed the project at an extraordinary speed under its emergency pro
As per Section 121 of the Bank Company Act 1991, the PKB can be exempted from the Subsection 14 ka (1) in holding a 95 per cent stake (Tk 3.80 billion) by the Wage Earners' Welfare Board (WEWB),
Various innovative programmes like open agriculture loan disbursement, loan fair, loan recovery grand camp and deposit collection fair helped the bank attaining the success
Bangladesh stressed on the importance and relevance of the aviation sector supporting the growth of the country’s economy. As the leading global bank in Bangladesh, Citi is committed to bringing its range of innovative paymen
The IDA has become a part of development history of Bangladesh. The IDA is a part of the World Bank that helps the world's poorest countries. Overseen by 173 shareholder nations, IDA aims to reduce poverty by providing loans
One of the 18 banks maintained an interest rate spread of 13.50 percentage points between the credit card product and the loan product in violation of the BB rules
The Security Printing Corporation Bangladesh Ltd. (SPCBL) printed 1016.80 million currencies and banknotes as of May in FY 2017-18. Some 9653.24 million other security products (OSPs) will also be printed, up by 10.07 per cen
According to a BB document, the loan write-off practice is an internationally accepted normal phenomenon in the banking business
We're are committed to implement the cut in the banks' lending and deposit rates in line with the decision of the Bangladesh Association of Banks (BAB)," the Association of Bankers, Bangladesh (ABB) Chairman Syed Mahbubur Rah
Technical mission of AIIB indicated to finance the US$ 300-million Sylhet-Tamabil four-lane project after holding a meeting with the Roads and Highways Department (RHD) officials last week