banking
SWIFT fights to restore faith after BB heist
The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.
3 June 2016, 08:11 AM
New StanChart credit card offers savings, cash backs
Standard Chartered launches a new credit card in Bangladesh which will provide customers a host of attractive benefits including savings and cash-backs.
3 June 2016, 05:13 AM
Philippines cancels license of remittance firm after BB heist probe
Philippine central bank says it revoked the license of a remittance company that anti-money laundering investigators said was used to transfer some of the $81 million hackers looted from the Bangladesh central bank.
2 June 2016, 05:25 AM
SWIFT, others blamed in full probe of BB heist
A government-formed committee which investigated the US$101 million heist from Bangladesh central bank’s account with Federal Reserve Bank of New York submits its full report to the finance minister. It has found SWIFT and others responsible for the heist.
30 May 2016, 08:52 AM
Janata Bank to sue its officer for swindling clients’ FDR money
Days after an official of Janata Bank was learnt to have swindled Tk 1.93 core from clients’ FDR accounts, the bank authorities assure its clients that they will not be affected.
22 March 2016, 11:45 AM
Philippine senator sees 'very low' chance of recovery of $81m stolen from BB
There is a “very low” chance that the government will be able to retrieve the $81 million stolen from the Bangladesh central bank because the money is now likely outside the country, Philippine senator says.
17 March 2016, 06:48 AM
Banking for growth and humanity
Allocating more funds for training, research, technology, travel, and after-hour education will not only add more human values to the banking profession, but also make our banking sector more productive in the long-run.
16 November 2015, 18:00 PM
SANCHAYAPATRA - A TROJAN HORSE
Sanchayapatra – a supposed welfare instrument – is actually a Trojan horse that threatens the future of our development budget, and thus reduces growth potentials for the nation. The higher the sale of NSCs, the higher the future interest liability which will definitely eat up a bigger pie of our budget, reducing the share of the Annual Development Programme (ADP).
2 November 2015, 18:00 PM
BASIC Bank scam: ACC files 18 cases
Anti-Corruption Commission files a total of 18 cases with three police stations in Dhaka in connection with alleged irregularities and corruption at BASIC Bank.
21 September 2015, 13:36 PM
HSBC fires staff for mock IS execution video
British bank HSBC fires six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online.
7 July 2015, 04:15 AM