Dhaka – Though efforts are on to get back the stolen $81 million from the Bangladesh Bank, Philippines now finds ‘very low’ chance to retrieve it because the money is now likely outside the Southeast Asian country. “There is a…
Tag: Banking
Bangladesh Bank needs ’Serious reforms’: Muhith
Dhaka – Finance Minister AMA Muhith on Wednesday said that Bangladesh Bank`s different systems require serious reforms. ”It is not in a very healthy condition. This is my assessment,” said Muhith, while talking to reporters at Cabinet Division following the…
Two BB deputy governors relieved of duty: Muhith
Dhaka – Two Bangladesh Bank deputy governors — Md Abul Quasem and Nazneen Sultana — have been relieved of their duty, said Finance Minister AMA Muhith on Tuesday.
Atiur resigns: Ex-secy Fazle Kabir to be new BB Governor
Embattled Bangladesh Bank Governor Dr Atiur Rahman on Tuesday quit amid a huge row over the heist of $101 million from the Bangladesh Bank’s account with the US Federal Reserve Bank. The Governor’s resignation came following his meeting with the…
Central Bank fund hacking: Bnp demands govt’s resignation
Dhaka = The BNP on Monday demanded the resignation of Prime Minister Sheikh Hasina over the recent Tk 800 crore heist of Bangladesh Bank’s funds deposited with US Federal Reserve Bank in New York. “In addition to the prime minister,…
IBBL service centre inaugurated at Banosree in capital
Islami Bank Bangladesh Limited opened service center ‘Seba Ghor’ at South Banosree, Dhaka on March 12, 2016. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee, inaugurated the center as chief guest while Muhammad Abul Bashar, Deputy Managing Director, was present…
FireEye to help probe Bangladesh Bank fund hacking
FireEye Inc’s Mandiant forensics division is helping investigate a cyber heist at Bangladesh’s central bank last month that netted more than $80 million, people familiar with the matter told Reuters on Thursday. The two sources said Silicon Valley-based FireEye, which…
Confce on “Stemming illicit flow of funds ” in Habiganj
Dhaka – Bangladesh Bank governor Dr. Atiur Rahman on Sunday said that money laundering is the biggest crime in the financial sector. “If money laundering is not checked, it would affect the financial stability of the country”, he said while…
Remittance operation training held at IBBL
Islami Bank Bangladesh Limited and Remittance service provider Ria Financial Services jointly organized a training on Remittance Operation System on March 6, 2016, Sunday at Muhammad Younus Auditorium of Islami Bank Tower.
ATM card scam, accused on fresh remand
Court Correspondent The Chief Metropolitan Magistrate (CMM) Court of Dhaka on Sunday afternoon granted fresh remand for four days to quiz a foreigner and three officials of City Bank in connection with their suspected involvement in a ATM card scam.
IBBL workshop on Islamic Banking for Shariah auditors held
Central Shariah Board for Islamic Banks of Bangladesh organized a daylong workshop on Islamic Banking for Shariah auditors at Mohammad Younus Auditorium of Islami Bank Tower on March 5, 2016. Engineer Mustafa Anwar, Chairman, Islamic Banks Consultative Forum (IBCF) and…
Water, enegy-efficient investment for sustainable dev urged
Deputy Governor of Bangladesh Bank (BB) SK Sur Chowdhury has emphasised on strengthening water and energy efficiency investment for achieving sustainable development. “….mechanisms to capture the opportunities for water and energy efficiency investments need to be created or strengthened,” the…
Islami Bank Board meeting take place
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on February 27, 2016, Saturday at the Board Room of Islami Bank Tower.
Islami Bank sponsor director Abul Quasem passes away
Al-hajj Abul Quasem, sponsor director of Islami Bank Bangladesh Limited was died at 9.30 am on February 24, 2016, Wednesday at a hospital in Dhaka. (Inna lilahi wa inna ilaihi raziun). He was 90. He left behind three sons, six…
Foreign nationals are under surveillance for ATM card forgery
A citizen of East Europe is suspected to be involved in recent ATM card forgery incidents as detectives have already identified 4-5 foreigners through scrutinising video footages.
IBBL Khulna Zone Business Development Conferenc held
News Desk Khulna Zone of Islami Bank Bangladesh Limited organized Business Development Conference at a local hotel in Khulna on 13 February 2016. Mohammad Abdul Mannan, Managing Director and CEO of the Bank was present in the conference as the…
IBBL business dev conference of Comilla Zone held
Business Development Conference-2016 of Comilla Zone of Islami Bank Bangladesh Limited was held at Bangladesh Academy for Rural Development (BARD), Comilla on February 6, 2016. Mohammad Abdul Mannan, Managing Director and CEO of the Bank was present in the conference…
IBBL and EC signs MoU on client verification
Islami Bank Bangladesh Limited and Election Commission Bangladesh signed Memorrandum of Understanding (MoU) for verifying the information and documents of the bank clients on February 4, 2016 at the election commission office.
Child day care centre for private banks inaugurated in Dhaka
A Child- day care centre for the private commercial banks having head office at Motijheel area was inaugurated. Bangladesh Bank Governor Dr. Atiur Rahman inaugurated the center as chief guest at Al Amin Center, Dilkusha on Sunday.
Malaysia 1MDB scandal: About $4bn missing
About $4bn (£2.8bn) may have been stolen from a fund owned by the Malaysian state, a prosecutor says.The 1MDB fund was set up in 2009 to pay for major new economic and social developments in Malaysia.Last year, Swiss authorities opened…
Visitors crowd at the Islami Bank pavilionat DITF 2016
Month-long Dhaka International Trade Fair 2016 is going to be concluded. The fair gets momentum during the last moments with huge presence of visitors and customers. The business companies and service providers participated in the fair are passing busy time…
Shari`ah Supervisory Committee meeting of IBBL held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on January 26, 2016, Tuesday at Islami Bank Tower.
Banks should be out of politics: Salehuddin Ahmed
A former governor of Bangladesh Bank has said banking sector reforms will not be beneficial unless banks are freed of political influence and pressure.Former central bank governor Salehuddin Ahmed made the comment at a roundtable on ‘banking sector reforms and…
IBBL business development conference 2016 begins
A two-day Business Development Conference 2016 of Islami Bank Bangladesh Limited was inaugurated on January 15, 2016 at a local hotel. Presided over by Mohammad Abdul Mannan, Managing Director of the Bank, Engr. Mustafa Anwar, Chairman and Engr Md. Eskander…
IBBL Business Development Conference 2016 begins
A two-day Business Development Conference 2016 of Islami Bank Bangladesh Limited was inaugurated on January 15, 2016 at a local hotel.
Dr Atiur’s letter to take action against harassment of BB Asst. Director
Staff Reporter Bangladesh Bank governor Dr Atiur Rahman yesterday sent a letter to the Inspector General of Bangladesh Police to take action against Sub Inspector Masud Sikder who allegedly assaulted BB Assistant Director Gulam Rabbi.
Bangladesh Bank halts their ongoing programme till Jan 24
STAFF REPORTER Officials of the Bangladesh Bank (BB) yesterday halted their ongoing programme till January 24 after getting assurance from the government to resolve the crisis created out of the eighth national pay scale.
Dr. Yunus condoles on Dr. Mahbub’s death
On a press briefing Dr. Muhammad Yunus said that I am deeply shocked and sad to learn about the untimely death of Dr Mahabub Hossain who passed away earlier today.
IBBL business review meeting held
Islami Bank Bangladesh Limited organized a business review meeting at Mohammad Younus Auditorium of Islami Bank Tower on January 2, 2016 Saturday. Engr. Mustafa Anwar, Chairman of the bank attended the meeting as chief guest. Presided over by Mohammad Abdul…
Business review meeting by IBBL
Islami Bank Bangladesh Limited organized a business review meeting at Mohammad Younus Auditorium of Islami Bank Tower on January 2, 2016 Saturday.