Bangladesh Bank on Tuesday warned scheduled banks of taking punitive measures against their chairmen and managing directors if the banks’ involvement was found in financing in the ongoing political violence….

The growth rate of default loans has come down to single digit in the fourth quarter of last year from double digit that continued in the previous three quarters, thanks…

A three-day workshop on international trade finance, rules and tools, operations, legal cases and proven trade finance strategies kicks off in Sri Lanka tomorrow. The Sri Lanka and Bangladesh chapters…

The central bank will try to acquire information on the Bangladeshi nationals who held accounts with HSBC’s Swiss private banking arm, a top official said yesterday. The British banking giant…

Bangladesh Bank yesterday instructed all banks to sharpen their watch on money laundering and terror financing amid the growing political violence. Chief executives have to stay alert so that no…

The former HSBC employee who leaked sensational secret documents alleging the bank helped wealthy customers dodge millions of dollars in taxes warned Tuesday that the revelations are just the “tip…

Standard Chartered Plc will shift its retail banking focus to affluent clients from ordinary customers and urge them to bank online as part of a broader restructuring led by embattled…

Banks’ default loans dropped 12.45 percent in the last quarter of 2014 after rising in the three previous quarters, much to the relief of the central bank. On December 31…

A panel of MPs will launch an “urgent” inquiry into tax evasion by wealthy clients of HSBC. The Public Accounts Committee plans to investigate the scandal and will require HSBC…

Bangladesh Bank will preserve the information on forgeries and corruptions by bankers and directors of the scheduled banks on long-term basis in its web portal to verify their professional integrity…