Geneva, Oct (Kanaga Raja) — Global cross-border bank claims expanded by 6% year over year, their highest annual growth rate since the Great Financial Crisis (GFC), the Bank for International Settlements (BIS) has reported.
Category: Banking
Central-bank digital currencies: Proceed with caution
by Peter Bofinger on 29th October 2019 Peter Bofinger argues that introducing central-bank digital currencies would need to be subject to very careful consideration.
IBBL holds business conference
Dhaka – Islami Bank Bangladesh Limited (IBBL) has held a conference on ‘Business Innovation for Inclusive Development’.
IBBL holds clients’ get-together, fair in Gazipur
Dhaka, Oct 28 (UNB)- East zone of Islami Bank Bangladesh Limited (IBBL) recently held clients’ get-together and fair as part of its rural development scheme (RDS) campaign at a local convention hall of Gazipur.
IBBL organizes RDS Clients’ Get-together & Fair in Nawabgonj
Dhaka South Zone of Islami Bank Bangladesh Limited organized Clients’ Get-together & Fair as part of its Rural Development Scheme (RDS) Campaign at Nawabgonj Branch premises on 19 October 2019. Hasne Alam, Deputy Managing Director of the Bank addressed the…
IBBL Dhaka North Zone holds RDS Clients’ Get-together & Fair
Dhaka North Zone of Islami Bank Bangladesh Limited organized RDS clients’ Get-together & Fair at the premises of its Savar Branch recently. Md. Abdul Jabbar, Deputy Managing Director of the Bank addressed the program as chief guest. Md. Aminur Rahman,…
The world mustn’t sleep-walk into another debt crisis
By Patricia Scotland, Commonwealth Secretary-General 16 October 2019 -Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the highest…
C’wealth FMs to discuss action to prevent future debt crises
14 October 2019 – Commonwealth finance ministers will meet in Washington D.C. on 17 October 2019 to discuss coordinated interventions to prevent future debt crises.
IBBL Cumilla Zone organizes workshop on “Risk Based Shari`ah Audit”
Cumilla Zone of Islami Bank Bangladesh Limited organized a workshop on “Risk Based Shari`ah Audit” at zonal office on 12 October 2019, Saturday. Md. Mahbub ul Alam, Managing Director and CEO of the Bank addressed the program as chief guest.…
Islami Bank gets award for highest remittance collection
Islami Bank Bangladesh Limited has been awarded as the Best Remittance Collecting Bank for the year-2018.
IBBL inaugurates Cash Recycling Machine
Islami Bank Bangladesh Limited inaugurated Cash Recycling Machine (CRM) at its Head Office Complex Corporate Branch. Md. Mahbub ul Alam, Managing Director and CEO of the bank inaugurated the CRM on 7 October 2019, Monday at Islami Bank Tower as…
BFIU seeks info of Juba League chairman’s bank accounts
Dhaka, Oct 3 – Bangladesh Financial Intelligence Unit (BFIU) has asked all banks and financial institutions to send in information related to the bank accounts of Juba League Chairman Omar Faroque Chowdhury within three working days.
PM opens Community Bank of Bangladesh Police Welfare Trust
DHAKA, Sept 11, 2019 (BSS) – Prime Minister Sheikh Hasina today inaugurated the commercial operation of the Community Bank Bangladesh Limited fulfilling the long cherished demand of police.
39th General Meeting of Central Sharia`h Board held
The 39th General Meeting of Central Sharia`h Board for Islamic Banks of Bangladesh (CSBIB) was held at Islami Bank Tower on 9 September 2019, Monday. Presided over by Sayed Kamaluddin Jafree, Chairman of the Board, Shah Abdul Hannan, Advisor, M…
Govt working for single digit bank loan interest rate: PM
Dhaka, Sept 1 (UNB) – Prime Minister Sheikh Hasina on Sunday said steps are underway to bring down bank loan interest rate to single digit in all banks, noting that higher interest rate naturally causes loan defaults. “We want to…
IBB Sylhet Zone organizes Business Development Conference
Sylhet Zone of Islami Bank Bangladesh Limited organized Business Development Conference at Kushiara International Convention Hall, Sylhet on 31 August 2019, Saturday. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank was present in the program as chief guest. Presided…
IBBL organizes RDS Conference at Cox’s Bazar
Islami Bank Bangladesh Limited Cox’s Bazar and Ramu Branches organized a biannual conference of its Rural Development Scheme (RDS) at a local auditorium of Cox’s Bazar on 16 August 2019. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank addressed…
Islami Bank organizes discussion on National Mourning Day
Islami Bank Bangladesh Limited organized discussion and doa program observing the National Mourning Day and the 44th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Islami Bank Tower on 14 August 2019, Wednesday. Professor Dr. Qazi…
IBBL distributes relief among flood affected people
Islami Bank Bangladesh Limited distributed relief among 700 families of flood affected area at Chander Hat Degree College playground in Sadar Upazila, Nilphamari on 6 August 2019, Tuesday.
IBBL inaugurates Agent Banking outlet in Srimantapur,Cumilla
Islami Bank Bangladesh Limited inaugurated its Agent Banking Outlet in Srimantapur of Sadar Dakkhin Upazila, Cumilla on Saturday, 3 August 2019.
BD central bank sets target for credit growth of banks
Dhaka, July 31 – The Bangladesh Bank (BB) set the targets of credit growth in public and private sectors at 24.3 per cent and 14.8 per cent respectively for the fiscal year 2019-20 amid the shrinking demand for credit.
IBBL Munshigonj Br. organizes Business Dev. Conference of its RDS
Islami Bank Bangladesh Limited Munshigonj Branch organized Business Development Conference of its Rural Development Scheme on 26 July 2019, Friday at the branch premises. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief…
IBBL organizes Business Development Conference
Islami Bank Bangladesh Limited organized business development conference at the Jamuna Future Park Convention Center in Dhaka on 27 July 2019, Saturday. Prof. Md. Nazmul Hassan, PhD, Chairman of the Bank addressed the program as Chief Guest. Md. Mahbub ul…
A meeting of the Board of Directors of IBBL was held
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 25 July 2019, Thursday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting was attended by…
HC questions central Bank facilities to loan defaulters
Dhaka, July 23 – The High Court on Tuesday issued a rule asking authorities concerned to inform it within 10 days why the Bangladesh Bank circular providing special privileges to loan defaulters should not be declared illegal.
Incautious optimism: Things look great for Caribbean PPPs
S. Brian Samuel – July 17, 2019 In June I participated in the biannual Private Equity & Infrastructure Development Conference hosted by the Development Bank of Jamaica (DBJ) in Kingston. This year I had the pleasure of moderating a panel…
Decade on, Chinese yuan wins worldwide recognition
Beijing, July 12 (Xinhua/UNB) — From a currency that barely registered in the international market to one with worldwide recognition, Chinese yuan’s rise on the global stage over the past decade is a testament to China’s growing economic clout and…
IBBL inaugurated its 500th Agent Banking Outlet at Alfadanga
Islami Bank Bangladesh Limited inaugurated its 500th Agent Banking Outlet at Alfadanga Bazar of Faridpur on 8 July 2019, Monday. Md. Abdul Jabbar, Deputy Managing Director of the Bank inaugurated the outlet as chief guest. Presided over by Md. Maksudur…
Progress of financial inclusion in BD exciting: Queen Maxima
It can accelerate progress, empower women, she says Dhaka, July 10 – UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) Queen Maxima on Wednesday said financial inclusion can empower women and accelerate Bangladesh’s progress and noted significant progress…
Fake voices ‘help cyber-crooks steal cash’
Dhaka, Jul 10 (UNB) – A security firm says deepfaked audio is being used to steal millions of pounds, reports the BBC. Symantec said it had seen three cases of seemingly deepfaked audio of different chief executives used to trick…