News

Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

State banks recover loans of Tk 3,000cr

Posted by BankInfo on Wed, Jun 21 2017 02:05 pm
State-run commercial and specialised banks recovered Tk 3,152 crore of defaulted loans in the first nine months of fiscal 2016-17, Finance Minister AMA Muhith informed parliament yesterday.

National Bank fails to auction Citycell HQ

Posted by BankInfo on Wed, Jun 21 2017 01:54 pm
Citycell has requested National Bank to pull back its gambit to sell off the mobile operator's office space in the capital's Mohakhali area as part of the efforts to recover Tk 454.45 crore of unpaid loans.

Banks tempt Eid shoppers with offers

Posted by BankInfo on Wed, Jun 21 2017 11:12 am
Banks have tied up with clothing brands, supermarket chains and restaurants in the contest to get customers to splurge during Ramadan and the Eid-ul-Fitr festival.

Tough days ahead for forex reserves

Posted by BankInfo on Wed, Jun 21 2017 11:02 am
Bangladesh's healthy foreign exchange reserves is set to come under stress in the wake of the rising import bill and sliding remittance flow, bankers said.

China freezes bank accounts of over 100 Myanmar traders

Posted by BankInfo on Wed, Jun 21 2017 10:34 am
Chinese banks have frozen the accounts of more than 100 commodities traders in northeast Myanmar in a bid to clamp down on smuggling and illegal gambling

Banks to remain open in the industrial zones on Jun 23, 24

Posted by BankInfo on Wed, Jun 21 2017 10:27 am
Banks have been asked to keep their branches open in the industrial zones of Dhaka and Chittagong on Jun 23 and 24, the last weekend before Eid holidays, to facilitate salary payment of garment workers.

New VAT law business-friendly

Posted by BankInfo on Wed, Jun 21 2017 10:18 am
Terming the new VAT law as business and investment friendly, the World Bank (WB) said this online based system will reduce harassment and help the country to achieve its revenue target projected in the proposed budget for fiscal year 2017-18 (FY18).

StandChart arranges Tk 1.60b preference share for Raj Lanka Power Company

Posted by BankInfo on Wed, Jun 21 2017 10:09 am
Standard Chartered Bank arranged BDT 1.60 Billion Non-Convertible Redeemable Cumulative Preference Share For Raj Lanka Power Company Limited,
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