BB asks Al-Arafah not to sell stake to foreign investors
Bangladesh Bank did not allow Al-Arafah Islami Bank to sell 10 percent of its shares to Saudi-based Islamic Development Bank (IDB).
26 May 2016, 18:00 PM
Sonali Bank slow in implementing CBS
Sonali Bank, which has the largest network of branches in Bangladesh, is yet to adopt the core banking solution fully despite repeated pressure from the central bank and the government to do so to deliver better services to its customers.
23 May 2016, 18:00 PM
NBR still waiting on full ATM import data
The Customs Intelligence and Investigation Directorate of the National Board of Revenue is yet to get information on around 3,000 automated teller machines (ATMs) that were imported, officials said.
18 May 2016, 18:00 PM
Bangladesh a top choice in ADB financing: official
Bangladesh will remain a priority for the Asian Development Bank in its lending expansion plan for the next five
5 May 2016, 18:00 PM
Muhith wants ADB to prepare high-growth plan for Bangladesh
Finance Minister AMA Muhith yesterday expressed his hope that the Asian Development Bank will emphasise high growth and inclusiveness in its country partnership strategy for Bangladesh.
4 May 2016, 18:00 PM
ADB must fast-track project approvals: Muhith
Finance Minister AMA Muhith yesterday said the Asian Development Bank is committing and disbursing more funds
3 May 2016, 18:00 PM
ADB vows to fight money laundering
The Asian Development Bank yesterday said it will follow a ‘zero tolerance’ policy against corruption, tax evasion and money laundering.
2 May 2016, 18:00 PM
LPG market to heat up
Five companies are set to roll out their liquefied petroleum gas business this year in a bid to capture the household
26 April 2016, 18:00 PM
500 LPG refuelling stations in 2 years
The government has given the nod to Beximco Group, one of the largest conglomerates in Bangladesh, to set up 500 LPG (liquefied petroleum gas) refuelling stations across the country in the next two years.
21 April 2016, 18:00 PM
Cyber threats rising in Bangladesh: PwC official
Cyber threats are increasingly becoming a problem for Bangladesh as the country is moving fast with new digital
21 April 2016, 18:00 PM
SWIFT asks local banks to amp up cyber security
SWIFT, which provides the network through which banks make international transfers, has warned its user banks in Bangladesh on the potential cyber threats as a result of the weak IT infrastructure in the country.
18 April 2016, 18:00 PM
Local glass tableware gains popularity
Locally manufactured glass tableware is replacing imports, helping the country save foreign currency.
12 April 2016, 18:00 PM
Credit card guidelines take a backseat after cyber heist
The Bangladesh Bank's move to issue guidelines for credit cards has taken a backseat after the cyber heist of $81 million from its account with the Federal Reserve Bank of New York, officials said.
3 April 2016, 18:00 PM
BB to appoint consultant to beef up security
Bangladesh Bank has decided to appoint a permanent consultant to oversee its IT and overall security measures, a
29 March 2016, 18:00 PM
Fed goes defensive, now talks to BB via lawyer
The Federal Reserve Bank of New York is acting defensively, distancing itself from any of the blame over the heist of $101 million from the Bangladesh Bank's account with it by cyber thieves.
28 March 2016, 18:00 PM
Calls for SWIFT to set up local office grow louder
SWIFT Global, whose service was used by hackers to transfer Bangladesh Bank's $101 million, should set up an office
26 March 2016, 18:00 PM
Insurance fair gets good response
People are increasingly turning to insurance policies to ensure their financial security. Many think the investments will help them retire rich, while others buy policies to ward off future shocks.
24 March 2016, 18:00 PM
World Bank to help BB recover stolen money
The World Bank has proposed to help the Bangladesh Bank recover the stolen money and enhance cyber security,
20 March 2016, 18:00 PM
State banks miss out on WB's low-cost funds
State banks plagued with bad loans are not eligible to disburse the World Bank's low-cost foreign currency long-term funds among
19 March 2016, 18:00 PM
Long battle ahead for BB to retrieve stolen funds
It may take several years for Bangladesh Bank to recover the fund stolen from its account with the Federal Reserve
8 March 2016, 18:00 PM