Post Tagged with: "Bank"

JS body okays placing Asian Infrastructure Investment Bank Bill

The parliamentary standing committee on the finance ministry on Monday recommended placing the final report on ‘Asian Infrastructure Investment Bank Bill, 2016’ in the Jatiya Sangsad with some amendments…

February 16, 2016 · 0 comments · Business
ATM booths of different private banks are seen in Dhaka on Sunday. Bangladesh Bank on Sunday asked the scheduled banks to set up anti-skimming device at their automated teller machines to tackle fraudulent. — New Age photo

Banks asked to install anti-skimming devices at ATM booths

Bangladesh Bank on Sunday asked the scheduled banks to set up anti-skimming device at their automated teller machines to tackle fraudulent. The BB move came after a number of clients of three leading private banks – EBL, UCBL and The City Bank…

February 15, 2016 · 0 comments · Business

Banks now open to set up business ties with Iran

Bangladesh Bank has said that the country’s scheduled banks, non-governmental organisations, and other financial organisations are now able to operate business with Iranian organisations in line with United Nations Security Council’s resolutions…

February 15, 2016 · 0 comments · Business

Yen surge sparks central bank intervention talk

Japanese government officials on Friday pledged to take ‘appropriate measures’ as the surging yen fuels speculation that the central bank will intervene in currency markets to arrest its ascent…

February 13, 2016 · 0 comments · Business

India central bank chief says lenders need ‘deep surgery’

The head of India’s central bank has said the country’s lenders may need to perform ‘deep surgery’ to sort out bad loans and clean up their balance sheets…

February 13, 2016 · 0 comments · Business

Russia’s central bank ‘worried’ at ruble volatility

The head of the Russian central bank expressed concern Thursday about the volatility of the ruble, which has been shaken by fluctuations in the price of oil, and said a rate hike may be needed to counteract inflation risks…

February 13, 2016 · 0 comments · Business

Myanmar’s 2nd round of bank licences attracts 13 foreign lenders

A total of 13 banks, mostly Taiwanese, answered a call from Myanmar’s central bank for expressions of interest in a second round of foreign bank licensing aimed at further liberalising a sector that was previously off-limits to international players…

February 11, 2016 · 0 comments · Business

Bari, Kabir become EXIM Bank DMDs

Shah Md Abdul Bari and Md Humayun Kabir have recently been promoted as deputy managing directors of EXIM Bank, said a news release…

February 10, 2016 · 0 comments · Business
BB giving contractual jobs to retired staff with double salary

BB giving contractual jobs to retired staff with double salary

Bangladesh Bank is reappointing its retired general managers to the same post on contractual basis with more than double the salaries they used to get…

February 9, 2016 · 0 comments · Business

French economic growth gains momentum: central bank

France’s economic growth is set to pick up slightly in the early part of this year, data showed Monday, building on its biggest expansion in four years in 2015…

February 9, 2016 · 0 comments · Business

Ershad wants to bank on young leadership

Jatiya Party chairman Hussain Muhammad Ershad said on Monday that he wanted to bank on the young people and hand them over the party leadership. ‘I want to handover the party leadership to the young leaders, so that the party lives longer,’ Ershad said…

February 9, 2016 · 0 comments · Inner Pages, National

ADB to lend additional $3.35bn over next 3yrs

Asian Development Bank is keen to lend an additional $3.35 billion in the next three years for improving the country’s connectivity, infrastructure and power deficiency, on top of its normal indicative programme, raising the total estimated funding to above $5 billion…

February 5, 2016 · 0 comments · Front Page, National, TOP STORIES

US exporters could pave way for investment in B’desh: US Exim Bank chair

The US exporters could pave the way to foreign investment in the country if they get proper support, said the president of Export-Import Bank of the United States Fred Hochberg on Thursday…

February 5, 2016 · 0 comments · Business

UNSETTLED IMPORTS BILLS : Central bank warns BCBL of more financial penalty

Bangladesh Commerce Bank will have to count Tk 5,000 in fine for each single-day delay in paying its overdue bills of $1.32 million for local and foreign imports from March 2 if it fails to pay the bills by February 29…

February 2, 2016 · 0 comments · Business

TK 126CR EMBEZZLEMENT : ACC launches inquiry against Jamuna Bank director

The Anti-Corruption Commission has launched an inquiry into Jamuna Bank Limited director Nur Mohammed’s alleged involvement in embezzlement of Tk 126 crore…

February 1, 2016 · 0 comments · Front Page, National, TOP STORIES

Banks urged to promote univ-industry research collaboration

Former Bangladesh Bank governor Salehuddin Ahmed on Saturday said that industrial growth would increase if banks promote university-industry collaboration for research on product diversification and innovative technology investing their corporate social responsibility fund…

January 31, 2016 · 0 comments · Inner Pages, National

HALLMARK SCAM : ACC moves to unfreeze 14 more bank accounts, FDRs

The Anti-Corruption Commission is moving to unfreeze 14 more bank accounts and fixed deposit receipts related with the Hallmark Group scam which were frozen following an investigation against the group in 2013…

January 30, 2016 · 0 comments · Front Page, National, TOP STORIES

Russian central bank warns of future hikes

Russia’s central bank on Friday warned of possible interest rate hikes ahead if inflation risks rise, as it held its key rate at 11 per cent after a fresh oil price drop…

January 30, 2016 · 0 comments · Business

Rabby can prosecute SI Masud: SC

The Appellate Division ruled on Thursday that Bangladesh Bank assistant director Golam Rabby could prosecute suspended police sub-inspector Masud Shikder for reportedly torturing him in custody for money on January 9…

January 29, 2016 · 0 comments · Front Page, National, TOP STORIES

Yen dips ahead of Bank of Japan policy decision

The yen edged lower against its major peers as markets focus the Bank of Japan’s two-day policy meeting, which starts Thursday…

January 29, 2016 · 0 comments · Business

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