Banking

State-owned Sonali Bank has initiated a plan to place Tk 7,000 crore with National Bank for three months against a guarantee from Bangladesh Bank to strengthen the latter’s liquidity position […]

DHAKA: Scheduled banks across Bangladesh will remain closed for five consecutive days from October 20 to 24 on the occasion of Durga Puja and the regular weekly holidays, according to […]

Finance and Planning Minister Amir Khosru Mahmud Chowdhury has said Bangladesh may need around Tk 16,000 crore annually over the next five to eight years to restructure and recapitalise the […]

Dhaka: National Bank Limited has started accepting applications from depositors seeking to withdraw their money, with the bank set to allow withdrawals according to customers’ needs from October 15. Bangladesh […]

The Bangladesh Bank has made the Business Identification Number (BIN) mandatory for businesses seeking seven types of services, including opening bank accounts and obtaining loans, following amendments to the VAT […]

Bangladesh Bank has directed banks to launch a special three-month programme to prevent dengue, including weekly cleanliness drives every Saturday to destroy Aedes mosquito breeding grounds. In a circular issued […]

Bangladesh Bank has made the Business Identification Number (BIN) mandatory for businesses seeking seven types of services, including opening bank accounts and obtaining loans, following amendments to the VAT and […]

BASIC Bank’s deposits increased by nearly Tk 5,000 crore between January and September this year, reflecting growing customer confidence in the state-owned lender, according to its board of directors. The […]

Bangladesh conducted its first-ever government securities buyback operation on Thursday, marking a significant milestone in the country’s public debt management. Bangladesh Bank conducted the operation on behalf of the Finance […]

Standard Chartered Bank is exploring options to sell its Wealth and Retail Banking (WRB) business in Bangladesh, but the process could take at least 18 to 24 months and would […]