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Bank

AB Bank changes AGM, EGM venue

FT ONLINE The Board of Directors of AB Bank Limited (AB Bank) has decided to change the venue for its annual general meeting (AGM) and…

AB Bank laundered Tk 165cr to UAE

FT ONLINE The AB Bank has allegedly laundered around Tk 165 crore to the United Arab Emirates through two shady organisations in the name of…

ADB okays $100m more for microfinance programme

FT ONLINE The Asian Development Bank (ADB) has approved an additional $100 million for an existing microfinance risk participation and guarantee programme. The programme has…

IBBL disburses Tk 3.15b loans violating rules

FT ONLINE Islami Bank Bangladesh Limited (IBBL) disbursed loans amounting to Tk 3.15 billion (315 crore) to Unilliance Textiles Limited violating rules, jeopardising the interests…

BB asks banks to form code of conduct

FT ONLINE Bangladesh Bank (BB) has asked the banks and non-bank financial institutions (NBFIs) to form a code of conduct by January 31 next year…

RCBC accuses BD of heist ‘cover-up’

FT ONLINE The Philippines bank through which US$ 81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority…

PM gives nod to 3 new banks

FT ONLINE Prime Minister Sheikh Hasina has given the go-ahead to three new banks – Bangla Bank, People’s Bank, and Police Bank – to start…

Muhith wants to ‘wipe out’ Manila bank

FT ONLINE Finance Minister AMA Muhith said on Saturday he wanted to “wipe out” a Philippines bank that was used to channel $81 million stolen…

NRB Commercial Bank chairman sacked

FT ONLINE The NRB Commercial Bank Limited (NRBC Bank) has sacked Farasath Ali as its chairman in a major shake-up of the board of directors…