Category Archives: BANKING

Low deposit rates, dull business swell NSCs investment

Investment in national savings certificates and bonds surpassed Tk 24,000 crore in 10 months of the current financial year 2014-15 as people invested heavily in the NSCs due to low…

New Chairman of IFIL

Mostanser Billa has been elected Chair-man and Rezakul Haider and Anis Salahuddin Ahmad were elected Vice Chairmen of Islamic Finance and Investment Limited (IFIL) in its 183th Board meeting held…

NBFIs asked to report transaction over Tk 10 lakh

Bangladesh Bank has asked non-bank financial institutions to provide the central bank with cash transaction report if any client makes a transaction of Tk 10 lakh or above in a…

X-press Money Service Reward-2014

Bangladesh Krishi Bank (BKB) General Manager (International and A/Cs Department) Pijush Chandra Bhowal handing over the ‘X-press Money Service Reward-2014’ to a winner as the chief guest at a function…

Default credit card holders face trouble to repay loans

Lack of a policy to repay default loans against credit card is taking a heavy toll on default clients who allegedly face threats and harassment from the issuing banks. Treated…

Prime Bank Deputy Managing Director and Chief Business Officer Md Touhidul Alam Khan and Chief Executive Officer of Sea Pearl Beach Resort & Spa Limited Brigadier General (Retd) AHM Mokbul…

Defaulted industrial loans soar by 39.67pc in July-March

Defaulted loans in the industrial sector skyrocketed by 39.67 per cent in the first nine months of the current financial year 2014-15 compared with that in the same period of…

Shafiqul Alam, Managing Director of Jamuna Bank Limited

Shafiqul Alam, Managing Director of Jamuna Bank Limited, receives Gold Trade Award-2014 from Maumer Mesak, Relationship Manager, Financial Institutions, Commerzbank AG for excellent partnership in trade and finance in the…

Al-Arafah Islami Bank Limited opens its 121st Branch at Borguna

Al-Arafah Islami Bank Ltd. opens its 121st  branch at Borguna Shodor Road, Borguna. Director & Vice Chairman Board Executive Committee of the Bank Alhajj Abdul Malek Mollah inaugurated the branch…

Mercantile Bank Limited Declares 10% Cash Dividend

The 16th Annual General Meeting of Mercantile Bank Limited was held at Bashundhara Convention Center, Dhaka on May 24, 2015 in presence of a large number of Share Holders of…

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