Farmers Bank hits controversy
Rubel Brothers and Apollo Multipurpose Agro Industries are loan defaulters of state-owned BASIC and Janata banks respectively and yet had no trouble getting fresh loans from the Farmers Bank.
18 January 2016, 18:00 PM
Only rate cuts won't boost investment
Only policy rate cuts are not enough to boost investment, as there are other factors such as business environment, investment certainty and cost of doing business, which analysts say need to be addressed for a higher growth.
14 January 2016, 18:00 PM
Banks borrow from BB after a four-year gap
After a gap of more than four years, some commercial banks have recently borrowed money from the central bank through repo auction.
13 January 2016, 18:00 PM
Missed opportunities in fuel price drop
Consumers and businesses in Bangladesh have missed out on the benefits of cheaper oil prices throughout 2015 as
31 December 2015, 18:00 PM
No Surprise; It Keeps Growing
It is often said that numbers do not lie, but when it comes to the Bangladesh economy, the saying appears to be on shaky grounds.
30 December 2015, 18:00 PM
State banks prime lenders in call money market
A formidable cash position has made the state-owned commercial banks prime lenders in the call money market
26 December 2015, 18:00 PM
BB eases rules for banks' investment in stocks
Bangladesh Bank has relaxed the rules related to banks' investment in stocks in a move that analysts say would boost the ailing market.
20 December 2015, 18:00 PM
British insurance giant eyes Bangladesh
After the Life Insurance Corporation (LIC) of India, British insurance giant Prudential has set its sights on Bangladesh.
17 December 2015, 18:00 PM
BB turns away banks
Bangladesh Bank has received reverse repo bids worth Tk 36,711 crore from banks and non-bank institutions so far this month but did
10 December 2015, 18:00 PM
Local firm making plastic bottles with discards
For the first time in Bangladesh, a local company has started manufacturing PET bottles by recycling the used ones.
2 December 2015, 18:00 PM
LIC of India enters insurance business in Bangladesh
Life Insurance Corporation (LIC), India's largest life insurer, has finally partnered with two Bangladeshi companies to
1 December 2015, 18:00 PM
New banks facing trouble in foreign trade
Nine new banks, which began business more than two years ago, are still facing difficulties in opening their nostro
28 November 2015, 18:00 PM
Trust Bank to partner with Axiata for mobile banking
Trust Bank, sponsored by the Army Welfare Trust, has decided to form a subsidiary with Malaysia's Axiata Group to provide mobile financial services, agent banking and cards.
25 November 2015, 18:00 PM
Banks get warm responses
Swhan Chowdhury, who runs partially export-oriented Capital Cap House in Old Dhaka, is keen to expand his dairy
24 November 2015, 18:00 PM
JP Morgan clients buy into Islami Bank
JP Morgan's clients have bought around 3 percent shares of Islami Bank Bangladesh Ltd or IBBL over the past several years, officials said.
22 November 2015, 18:00 PM
Observers appointed to ailing state banks
Bangladesh Bank yesterday appointed observers to four state-owned banks -- Sonali, Janata, Rupali and Agrani -- after their key financial indicators such as capital adequacy and classified loans took a turn for the worse.
18 November 2015, 18:00 PM
Regulator scraps licence of Standard Insurance
In a rare move in Bangladesh, the insurance regulator has revoked the licence of Standard Insurance on charges of violating the rules of
17 November 2015, 18:00 PM
Bangladesh moves into crisis of aid utilisation
For quite a few years, Bangladesh has been enjoying respectable economic growth, improvement in social indicators,
14 November 2015, 18:00 PM
BB may ease rules for banks' stock exposure reports
The central bank hinted that it could reduce the frequency of banks' stockmarket exposure reports from weekly to fortnightly.
12 November 2015, 18:00 PM
Bicycle exports fall
Fire at a bicycle factory has significantly affected Bangladesh's bicycle exports in the first four months of the current fiscal year.
12 November 2015, 18:00 PM