Banks

Banks

Al-Arafah Islami Bank sends managing director on leave

The bank's board took the decision to ensure a fair investigation on alleged irregularities

1d ago

Islami Bank MD sent on forced leave

Islami Bank Bangladesh has decided to send its managing director, Mohammed Monirul Moula, on leave for three months.

1w ago

Islami Bank MD sent on forced leave

Md Omar Faruk Khan made acting managing director

1w ago

Four state-run banks to remain open today

The Bangladesh Bank has directed four state-owned banks to remain open today, even as the country begins a nine-day Eid-ul-Fitr holiday. 

2w ago

Tk 721 crore remittance case settled for just Tk 15,543 in taxes

SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case

3w ago

Uttara Bank announces 35% dividends

Uttara declared the dividend when many banks were not allowed to do so due to strict regulatory rules

3w ago

SBAC Bank’s MD resigns six months before end of his term

Habibur Rahman, managing director (MD) and CEO of the South Bangla Agriculture and Commerce Bank (SBAC) PLC, has resigned on personal grounds.

4w ago

Azam J Chowdhury to raise his stake in Green Delta

He will buy 5.93 lakh shares from a sponsor of the same company

4w ago

MJL to sell aging oil tanker for $22.7m

MJL Bangladesh PLC, popularly known as Mobil Bangladesh, has decided to sell a secondhand oil tanker for $22.7 million, the company said yesterday.

1m ago

BB reduces cash reserve requirement for banks

Bangladesh Bank (BB) has reduced the daily cash reserve requirement (CRR) for banks to enable them to manage liquidity more easily.

1m ago

Exports grow 2.77% in Feb

Bangladesh earns $3.97 billion from exports in the second month of the year

1m ago

BRAC Bank raises Tk 700cr through subordinated bond

663 unique investors participate in the long-term bond

1m ago

Weak banks may face closure

Bangladesh Bank Governor Ahsan H Mansur’s comment that some ailing banks may face closure drew flak yesterday.

1m ago

Banking transaction hours 9:30am to 2:30pm during Ramadan

Bank office hours to end at 4pm

1m ago

Ramadan banking transaction hours 9:30am to 2:30pm

Bank office hours to end at 4pm

1m ago

BEA interim committee demands arrest of office attackers

Prof Mahbub Ullah agrees to serve as convener of BEA interim committee

1m ago

Square Pharma’s sponsor to buy Tk 32cr shares in it

Square Pharmaceuticals' Director Anjan Chowdhury yesterday expressed his intention to buy 15 lakh shares of his company, the largest drug producer in Bangladesh.

1m ago

Bangladesh, IMF mutually deferred loan tranche

The International Monetary Fund's move to disburse the fourth and fifth tranches of a $4.7 billion loan together was a mutual decision, the finance ministry said in a press release yesterday.

1m ago