Sajjadur Rahman

At a time when most lenders are battling liquidity crisis, rising default loans and poor governance, Eastern Bank Limited (EBL) is sitting pretty by all accounts.

Banks should be the only ones setting the interest rates as they offer loans at rates that are based on factors like cost of funds, credit worthiness of a customer and the prevailing market condition, said AKM Shaheed Reza, chairman of Mercantile Bank.

People do not need banks but they need banking, Microsoft founder Bill Gates said 30 years ago. And it appears he was on to

Ramadan, the fasting month for Muslims, sees a spike in demand for many commodities.

Insanity is doing the same thing over and over again and expecting different results, the influen-tial physicist Albert Einstein once said. And this quote comes to mind when one glances through the Bangladesh Bank’s latest policy for defaulters. Issued on May 16, the notice is an extended

Bangladesh must develop its capital and bond markets to meet the long-term financing needs of infrastructure projects as bank loans are not viable for mega initiatives worth billions of dollars, said a top official of a state-run non-bank financial institution. “Funds will have to come from the stock market

The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.

Everyone has dreams of a better life, and given the pace of urbanisation and the rising purchasing power this aspiration has become

The infamous quote 'Bangladesh is a bottomless basket' made by then US Secretary of State Henry Kissinger in 1974 has already been

On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.

Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.

Top denim maker Pacific Jeans is spending $100 million to set up two new factories in Chattogram in two years with the view to diversifying product base.

Many private banks and influential individuals are illegally employing armed guards in violation of the firearms law.

Standard Chartered wants to play a larger role in fostering the economic, financial and social development of Bangladesh by promoting trade and investment and helping local companies go global, said the group chairman of the British lender.

Dhaka has emerged as one of the fastest-growing megacities in recent times with a population of nearly 20 million.

Border haats, which are meant to trade produce of border communities to help them improve their livelihoods, are selling products

Cube, the biggest bicycle manufacturer in Europe, has teamed up with Meghna Group to produce high-quality cycles in Bangladesh.

Brac Bank has become the country's largest private lender in market value, removing restructured Islami Bank Bangladesh Ltd (IBBL)

In Bangladesh, industrialists and businesspeople become shareholders and directors of banks, and borrow money from each other's banks. And not only that, up to four members of a family can now be in the board of directors of a bank, up from two previously, after the relevant rules were amended last year following Finance Minister AMA Muhith's recommendation.

Steelmakers are investing thousands of crores of taka either to expand existing capacity or set up new units as consumption is on the