Category Archives: BANKING

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SIBL opened a Collection Booth at Panthpath

Social Islami Bank Limited (SIBL) opened a Collection Booth at SIBL Foundation Hospital and Diagnostic Centre at Panthpath, Dhaka. Chairman of SIBL Major (Retd) Dr Md Rezaul Haque formally opened…

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BDBL inaugurats newly-decorated Karwan Bazar Branch

Managing Director of Bangladesh Development Bank Limited (BDBL) Dr Md Zillur Rahman inaugurating newly-decorated Karwan Bazar Branch of the bank in the city on Tuesday. BDBL deputy general managers Md…

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BTRC to widen access to spectrum auction

The telecom regulator plans to bring changes to its spectrum auction guideline to ensure participation of all mobile operators in the upcoming spectrum auction. The amendments will also create scope…

Bangladesh a bright example of women’s employment: study

, Bangladesh has made significant progress in women’s employment thanks to better education and wider opportunities, according to a study by MasterCard. Since 2009, the country has gained more than…

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BB warns non-banks against wrongdoings

The central bank yesterday warned the chief executives of non-bank financial institutions not to act irresponsibly and indulge in irregularities. “We have observed that some NBFIs still indulge in irregularities…

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Loan rescheduling rules relaxed for unrest-hit farmers

The central bank has relaxed the agriculture loan rescheduling policy as farmers are failing to repay loans because of the falling prices of their produce caused by the ongoing blockade…

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HSBC chief holds Swiss bank account

HSBC has confirmed that its chief executive Stuart Gulliver uses a Swiss bank account to hold his bonuses. The bank was responding to a report in the Guardian that Mr Gulliver has…

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HSBC bosses to answer MPs’ questions

The chairman and chief executive of HSBC will appear before a panel of MPs today to answer questions about a tax scandal at the banking giant. Chairman Douglas Flint and…

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Halim Chy new MD of Pubali Bank

Md Abdul Halim Chowdhury has recently been appointed as the managing director of Pubali Bank. Chowdhury has been serving the bank as managing director (current charge) since December 7, 2014,…

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UCB profits go up 20pc

Net profit of United Commercial Bank grew 19.66 percent year-on-year in 2014, led by fourth quarter’s healthy earnings thanks to the simplification of loan provisioning rules by the central bank….