Dash-8 crash adds to woes of Biman
Just two months ago, Biman Bangladesh Airlines shelled out $559,000 (Tk 4.7 crore) for thorough upkeep of a Bombardier Dash-8
21 May 2019, 18:00 PM
BB needs operational independence
Operational independence is needed for Bangladesh Bank to take supervisory actions and stop the government’s interference in the
12 May 2019, 18:00 PM
Loans getting costlier amid cash crunch
In the last one and a half years a home loan borrower of Delta Brac Housing (DBH) has experienced a hike in his interest rate three times.
7 May 2019, 18:00 PM
Biman ticket sale shoots up
Biman Bangladesh Airlines has seen a sharp rise in ticket sales which the aviation ministry claims was due to a drive against corruption in ticketing.
7 May 2019, 18:00 PM
Biman to resume Dhaka-Delhi flight as Jet Air bows out
Biman Bangladesh Airlines is set to resume direct flight operations between Dhaka and Delhi after a five-year gap following Jet
20 April 2019, 18:00 PM
Regent cuts fleet size to beat financial woes
Regent Airways has moved to shave off two aircraft from its fleet as part of its plan to ride out the financial crisis the local airline has
13 April 2019, 18:00 PM
Insurers' premium income goes up
The insurance sector's income growth from premium hit an eight-year high last year thanks to heightened efforts by insurers to revive lapsed insurance policies.
30 March 2019, 18:00 PM
Sonali Bank: once bitten, twice shy
Sonali Bank has emerged as an anomaly in the banking sector, logging in almost half the loan-deposit ratio than other banks last year, at a time when most were gasping to contain their ratio to within the authorised limit.
27 March 2019, 18:00 PM
Shipbuilders served loan rescheduling on silver platter
At a time when the country's banking sector is going through a liquidity stress, the borrowers from the shipbuilding industry are being gifted with a 10-year loan rescheduling facility by the finance ministry.
18 April 2018, 18:00 PM
Borrow money, never pay back
It was a time when politics played havoc with the economy.
7 April 2018, 18:00 PM
Mega discounts on card usage ahead of Pahela Baishakh
Banks and mobile financial service providers are offering a bundle of discounts for shoppers in the run-up to Pahela Baishakh, which has become one of the biggest spending occasions for Bangladeshis.
4 April 2018, 18:00 PM
Private sector credit growth continues to rise
Private sector credit grew 18.49 percent in February, up from 18.36 percent a month earlier and way past the central bank's target of 16.3 percent, dispelling the notion of an ongoing liquidity crisis in the banking sector.
3 April 2018, 18:00 PM
Nepal Plane Crash Insurance: Each victim may get up to Tk 1.6cr
Families of the victims of US-Bangla plane crash are each entitled to get up to Tk 1.6 crore in compensation from the airlines and its insurers under international aviation laws.
26 March 2018, 18:00 PM
All set for mega oil refinery
Bashundhara Group is set to build the country's largest oil refinery plant in Chittagong, which is expected to meet about 80 percent of the national demand for refined oil.
16 March 2018, 18:00 PM
Women occupy 12pc of board seats in banks
Nearly 12 percent of the board members of different banks in Bangladesh are women, a development that can give
7 March 2018, 18:00 PM
Women entrepreneurs kept away from loans
Women entrepreneurs are still lagging behind in access to SME (small and medium enterprise) financing due to
7 March 2018, 18:00 PM
Mobile banking users fell by 1cr in six months
Mobile account users have fallen by a staggering one crore in just six months after the central bank cracked down
5 March 2018, 18:00 PM
Curious case of GMG loan
Towards the northern end of the Hazrat Shahjalal International Airport lies the broken down, dusty fuselages of GMG Airlines' aircraft, rusting and rotting.
2 March 2018, 18:00 PM
Private credit growth hits 18.36pc
Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
1 March 2018, 18:00 PM
Alif Industries to invest Tk 400cr to expand garment business
Alif Industries plans to invest Tk 400 crore to expand its business in the garment sector.
20 February 2018, 18:00 PM
Private credit growth finally hits the brakes
After being on an ascent for the best part of 2017, private sector credit growth slowed down in December thanks to
24 January 2018, 18:00 PM
Janata sinks into despair for one large borrower
A single borrower can create sufficient trouble for a bank by way of eating up profits and dragging down the capital base from positive to negative, if the current state of Janata Bank is any indication.
23 January 2018, 18:00 PM
Agent banking shows signs of promise
Uzzala Rani Sarkar had never thought of stepping into a branch of a bank and owning an account. But thanks to an agent
17 January 2018, 18:00 PM
Brac Saajan Exchange to operate in EU
The Bangladesh Bank has given the go-ahead to Brac Saajan Exchange, the UK subsidiary of Brac Bank, to expand its business activities into the European Union in preparation of the Brexit.
14 January 2018, 18:00 PM
Agent banking faring fine
Banks have started to reap benefit from agent banking just two years after the full-fledged rollout of the alternative
9 January 2018, 18:00 PM
Finance ministry can't avoid responsibility for banking sector woes
The finance ministry cannot avoid responsibility for the current wobbly state of the banking sector, said Khondkar Ibrahim Khaled, a former deputy governor of the Bangladesh Bank.
30 December 2017, 18:00 PM
Private sector credit growth hits 19pc
Private sector credit growth continued its ascent in November, crossing the 19 percent-mark last month on the back of banks'
30 December 2017, 18:00 PM
Banks' mad rush to secure deposit
Even last month, the interest rate on bank deposit was as low as 5 percent. Then, at the beginning of this month, as if on cue, the rate,
28 December 2017, 18:00 PM