Banking needs met anytime, anywhere
Anwarul Alam, 38, has four accounts -- two for credit cards, one loan account and another salary account -- with
21 January 2018, 18:00 PM
Biman in dumping tactics on domestic routes
State-run Biman Bangladesh Airlines is dumping seats into the domestic market and making the routes economically
13 January 2018, 18:00 PM
Looking back, looking ahead: Scams dent good show in economy
Scams in the banking sector have paled the country's fair economic performance in the outgoing year.
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
No cheer for cement industry in 2017
The price hike of raw materials, the depreciation of local currency and intense competition among too many makers have hit the cement industry hard in the outgoing year, market players said.
27 December 2017, 18:00 PM
AB Bank laundered Tk 165cr to UAE
The AB Bank has allegedly laundered around Tk 165 crore to the United Arab Emirates through two shady organisations in the name of investment, according to a Bangladesh Bank probe report.
17 December 2017, 18:00 PM
Farmers Bank in cash crunch
Depositors are concerned about getting back their money from the trouble-hit Farmers Bank as cases of its failure to pay clients continue to come up.
15 December 2017, 18:00 PM
Farmers Bank: Scam fallout getting worse
The cash-strapped Farmers Bank failed to repay interbank short-term loans of about Tk 700 crore to four banks over the past two months, a development that may further erode depositors' confidence in the scam-hit bank.
13 December 2017, 18:00 PM
Farmers Bank Debacle: BB measures not enough
Bangladesh Bank responded very late in dealing with the ailing Farmers Bank, former central bank governors and senior economists said.
28 November 2017, 18:00 PM
Akij may get nod to buy Malaysian firms
Akij Jute Mills, a concern of Akij Group, may finally get the government approval to purchase a Malaysian company
18 September 2017, 18:00 PM
Bank bends rules for its directors
In a gross violation of the banking rules, the United Commercial Bank has allegedly waived a director-related loan for less than one-fifth of the principal amount without Bangladesh Bank's approval.
8 September 2017, 18:00 PM
Flood, Rundown Roads: Supply chain affected
Floods and rundown roads have become a major concern for businesses, as these are affecting supply chains and increasing both transportation costs and time, say industry players.
31 August 2017, 18:00 PM
Credit card market still untapped
Corporate executives and businessmen quite often get stupefied with phone calls from banks selling credit cards.
22 August 2017, 18:00 PM
PUM comes to the rescue of SMEs
Are you an entrepreneur and making small progress? Do you feel there is much more to gain? But you either do not have the resources to hire a commercial consultant or, in case you do, there is simply no local consultant around with specific knowledge and experience.
14 August 2017, 18:00 PM
Credit, Debit Cards: Swindling on the rise
A credit card holder of an international bank in Bangladesh got a phone call from her bank last week. She was asked if she had made two transactions that day of about $450 from Spain and New Jersey.
12 August 2017, 18:00 PM
Changes in bank law on cards
The finance ministry has moved to make changes to the Banking Companies Act 1991 that would strengthen the grip of families on private banks.
6 August 2017, 18:00 PM
Imports to be costlier
The gap between buying and selling rates for US dollar has recently widened to Tk 1.50 from Tk 1, in a development that has made imports costlier and can go on to create inflationary pressure and squeeze the foreign exchange reserves.
30 July 2017, 18:00 PM
Elias Brothers: a bane of banking industry
Once a highly sought-after client, Chittagong-based Mohammad Elias Brothers Group, known as MEB Group, has
17 July 2017, 18:00 PM
Bleeding from bad loans
Ballooning bad loans are crippling not only the banking sector but also the national economy as a whole as the authorities fail to
11 July 2017, 18:00 PM
Rising production costs bite into profits
Manufacturing and operating costs of industries -- be it steel, cement, ceramics or pharmaceuticals -- have increased significantly this year, eating into businesses' profit margin.
8 July 2017, 18:00 PM