A group of miscreants robbed Tk 83.4 lakh from an ATM booth of Dutch-Bangla Bank Ltd in city’s Kolabagan area early Monday.
Category: Banking
BB awards license to 6 new banks
Some six new banks have been given license by Bangladesh Bank (BB) to start their business. The banks are NRB Commercial Bank, Union Bank, South Bangla Agricultural Bank, Midland Bank, Meghna Bank and NRB bank.
New monetary policy announced
Bangladesh Bank (BB) announced its new monetary policy for the second half (January-June) of the current fiscal year 2012-2013 by increasing credit flow 0.5 percent in private sector. Governor of the central bank Dr Atiur Rahman formally made the announcement…
Bad loans bleeding banking sector
Local and foreign banks had to write off a total of Tk 23.42 billion as bad loans in the last three months (October-December) of the year gone by. Latest report of the Bangladesh Bank shows that of the amount, the…
E-Commerce to reduce bank expense: Atiur
Bangladesh Bank governor Dr Atiur Rahman categorically said that the electronic commerce (E-commerce) system will reduce the infrastructure costs of the bank. “The system has also opened a new door and we all can work together now,” he added. He…
SME fair-2013 begins Feb 12
With a view to promoting products produced by small and medium enterprises in both national and international markets, a five-day National SME Fair-2013 will begin in the city from February 12. The SME Foundation is organizing the fair at Bangabandhu…
Central bank afraid of politically approved banks!
DHAKA: The Bangladesh Bank (BB) authorities will not take strict action against the authorities of newly approved seven banks in spite of having their serious mistakes and negligence in filling up final proposal letters to the central bank accurately.
Bridge fund on fair probe: WB, Muhith surprised
Agency The WB Dhaka office on Saturday issued a statement saying the bank will proceed with support for the Padma Bridge only if the Anti-corruption Commission (ACC) launches a full and fair investigation based on evidence of corruption under the…
‘Please panel for Padma fund’
A South Asia Director of Japan International Cooperation Agency (JICA) on Monday said the World Bank’s return to Padma bridge project depended on its external panel’s ‘satisfaction’. “If the external panel is not satisfied, the World Bank will not be…
‘Abul Hasan recommended, not me’
Former Communications Minister Syed Abul Hossain has admitted of receiving recommendation from former State Minister for Foreign Affairs Abul Hasan Chowdhury to appoint Canadian firm SNC Lavalin as Padma bridge project consultant. But he claimed that he did not put…