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.

Retail banking growing fast

Posted by BankInfo on Tue, Apr 11 2017 10:26 am
Banks are increasingly focusing on retail customers as more and more people are coming under the formal banking channel, a banker said.

Bangladesh plugged into China’s belt and road scheme, HSBC banker says

Posted by BankInfo on Tue, Apr 11 2017 09:40 am
The “One Belt, One Road” initiative is often seen as a plan by Beijing to extend its geopolitical reach,

Africa can be better source of cotton

Posted by BankInfo on Mon, Apr 10 2017 11:29 am
African countries can be a major source of cotton used as raw materials in the Bangladesh’s garment industry, said Finance Minister AMA Muhith.

BB asks banks to report daily international card transaction

Posted by BankInfo on Mon, Apr 10 2017 11:14 am
Bangladesh Bank has asked the authoritised foreign exchange dealers to record every transaction made through international credit or other cards on daily basis.

India yet to set deadline for Islamic banking

Posted by BankInfo on Mon, Apr 10 2017 10:58 am
Indian central bank has yet to set any deadline for allowing Islamic banking in the country, according to a news agency.

BB sees 7-plus growth

Posted by BankInfo on Mon, Apr 10 2017 10:30 am
Growth rate of the country's Gross Domestic Product (GDP) is likely to cross 7 per cent level in the current fiscal year, according to the latest projection of the central bank.

Southeast Bank recommends 20pc cash div, to issue rights

Posted by BankInfo on Mon, Apr 10 2017 10:14 am
he board of directors of Southeast Bank has recommended 20 per cent cash dividend for the year ended on December 31, 2016, said an official disclosure on Sunday.

State banks rescheduled 43pc less loans in 2016

Posted by BankInfo on Sun, Apr 09 2017 11:45 am
The four state-owned commercial banks rescheduled 43 percent less loans in 2016 than a year earlier thanks to their cautious approach and a strict stance by the central bank.

WB okays $507m for infrastructure projects

Posted by BankInfo on Sun, Apr 09 2017 11:15 am
The World Bank has approved a $507 million fund for two projects in Bangladesh to provide long-term financing to private sector-led infrastructure projects and modernisation of land ports.

Tk 20.47 lakh looted from a Lakshmipur branch of Janata Bank

Posted by BankInfo on Sun, Apr 09 2017 10:57 am
Around Tk 20.47 lakh has been looted from the Ramganj branch of Janata Bank in Ramganj upazila of Lakshmipur district early Saturday.
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