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Tag: Banking
Bangladesh Bank heist to have no impact on economy: PM
Dhaka – Prime Minister Sheikh Hasina on Wednesday said the hacking of money from Bangladesh central bank’s account with the Federal Reserve Bank of New York will have no impact on the country’s economy in the long run, unb news…
IBBL board recommends 20% cash dividend for shareholders
The Board of Directors of Islami Bank Bangladesh Limited recommended 20% cash dividend for the shareholders for the year 2015 subject to approval of the 33rd Annual General Meeting of the Bank.
IBBL Shariah Committee meeting held
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held at the Islami Bank Tower on Monday.
IBBL Officer Kalyan Samiti celebrates Pahela Boishakh
Islami Bank Officer Kalyan Samiti arranged programs celebrating Pahela Boishakh, the first day of Bangla New Year 1423 in different places of the country. Mohammad Abdul Mannan, Managing Director of IBBL inaugurated the program of Chittagong South and North Zone…
Islami Bank signs agreement with Ria for remittance service
Islami Bank Bangladesh Limited signed an agreement with Ria Money Transfer (Ria) to provide remittance payout services in Bangladesh at a function held recently at Islami Bank Tower.
47th Meeting of Islamic Banks Consultative Forum held
The 47th Meeting of Islamic Banks Consultative Forum (IBCF) was held on Sunday the 10th April, 2016 in the Meeting Room of Bangladesh Association of Banks (BAB) Engr. Mustafa Anwar, Chairman, IBCF & Chairman, Board of Directors of Islami Bank…
Court convicts former VP of AB Bank & his wife life imprisonment
Court Correspondent A Dhaka court on Tuesday sentenced former Vice-president of AB Bank Shibli Sadek Chowdhury and his wife Kamrunnesa Chowdhury to life imprisonment in a case filed for embezzlement of Tk 6.74 crore.
Suspected BB officials involved in $81m heist
The Central Investigation Department (CID) of police enlisted names of 7-8 Bangladesh Bank officials as the reserve fund heist suspects.The suspects have been interrogated several times and their bank accounts, email accounts, and mobile phone conversations are being checked.However, the…
Businesses seek central Bank’s strong vigil over financial sector
Dhaka – Worried over the banking sector, the FBCCI chief seeks ‘responsible behaviour’ equally from both banks and their customers with strong supervision from the central bank so that Bangladesh does not fall in any big financial risk in the…
UK prime minister says he bungled admission of offshore fund
London – British Prime Minister David Cameron admitted Saturday that he bungled his admission of his investment in an offshore fund revealed in the mammoth data breach of a Panama law firm. Cameron drew laughs and applause from a sympathetic…
Jamuna Bank manager missing in Comilla
The manager of the local branch of Jamuna Bank Ltd went missing from the city on Thursday evening.
Cameron faces calls to resign after admitting of shares in offshore fund
By VICE News and Reuters After a week in which he has been forced into making daily public statements, British Prime Minister David Cameron finally admitted in a TV interview on Thursday that he once had a stake in his…
ACC committee to see if Bangladeshis in Panama Papers list
The Anti-Corruption Commission (ACC) yesterday formed a three-member probe committee to find out as to whether there was any name of Bangladeshi national in leaked Panama Papers on swindling money by influential quarters. Pranab Bhattacharya, public relations officer of the…
Panama govt creates ‘panel of experts’ after paper leaks
Panama is creating an international panel to help improve transparency in its offshore financial industry. The move follows the leak of millions of documents from law firm Mossack Fonseca, showing it helped some clients evade tax and avoid sanctions. Several…
Shari`ah Supervisory Committee meeting of IBBL held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on April 06, 2016 Wednesday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee and President of Baitush Sharaf Anjuman-E-Ittehad Banglaesh presided over…
Islami Bank Bangladesh Board meeting held
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Tuesday, April 5, 2016 at the Board Room of Islami Bank Tower. Engr. Mustafa Anwar, Chairman of the Bank presided over the meeting. Local and…
Major banks deny claims they helped clients avoid tax
International banking giants have denied allegations that they are helping clients to avoid tax by using complicated offshore arrangements. HSBC, Credit Suisse and the Royal Bank of Scotland-owned Coutts Trustees all feature in the leaked Panama Papers.
BASIC Bank GM arrested
Dhaka – The Anti-Corruption Commission (ACC) on Tuesday arrested BASIC Bank General Manager Zainul Abedin Choudhury from the city’s Motijheel area in connection with the loan scam, the UNB news agency reported.
Banker held for embezzling Tk 1.15 crore from Standard Bank
The Anti Corruption Commission (ACC) in a drive arrested an former official of Standard Bank from Pathantuli area of the city on charge of embezzling Tk 1.15 core from the bank.
BB to send officials to Philippines
STAFF REPORTER Bangladesh Bank (BB) will send two mid-level officials to Philippines within the next week as part of the government’s probe into the $81-million funds stolen from the Bangladesh central bank’s account.
BASIC bank officials on remand for loan scam
Court Correspondent A Dhaka court on Thursday put four people including BASIC bank official in connection with the bank’s loan scam.
Complainant lawyer withdraws Dutch Bangla case
Court Correspondent Hours after filing of a case against four Dutch-Bangla Bank officials, the complainant lawyer withdrew the case on Tuesday afternoon.
IBBL observe their 33rd anniversary
Islami Bank Bangladesh Limited organised a get-together and discussion on the occasion of its 33rd anniversary at Muhammad Yunus Auditorium of Islami Bank Tower on March 30, 2016, Wednesday.
Case against DBBL officials for ATM card forgery
Court Correspondent A lawyer on Tuesday lodged a case against four people including Dutch Bangla Bank Limited Managing Director (MD) Shamsi Tabrez on the charge of taking away Tk 93,000 through ATM (Auto Trailer Machine) Card forgery.
IBBL’s Shari`ah Supervisory Committee meeting held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on March 24, 2016 Thursday at Islami Bank Tower.
SWIFT to advise banks on security as Bangladesh hack details emerge
The cyber thieves may be targeting other financial institutions as well. The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh’s central bank that yielded $81…
Manila continues inquiry of the accused in BB fund hacking
Following Thursday’s closed door testimony of Maia Deguito, it does not appear to Senate blue ribbon committee chair Teofisto Guingona III that she is the “most guilty” of the US$81 million fund heist. The Senator concludes that more officials of…
CID holds meeting with FBI at its head office in Dhaka Friday
Dhaka – The Criminal Investigation Department (CID) of police will hold a meeting with United States of America’s Federal Bureau of Investigation (FBI) at CID headquarters in the city on Friday afternoon to discuss about the much-talked about the $101…
Checking further heist to be first priority: new BB governor
Dhaka – Newly appointed governor of Bangladesh Bank Fazle Kabir said his first priority will be to prevent recurrence of such incident of heist through which hackers took away more than $100 million from the central bank account with US…