Bangladesh Bank Governor Dr Atiur Rahman on Saturday said the central bank will mobilise a $7-billion fund for the country’s infrastructure development to accelerate the GDP growth from 6 percent to 8 percent, aiming to fulfill the nation’s dream of…
Bangladesh Bank (BB) is going to launch its second five-year Strategic Plan 2015-2019 on Saturday. The launching ceremony will be held at AKN Ahmed Auditorium of Bangladesh Bank Training Academy (BBTA) at Mirpur-2 at 10:30am. Governor of the central bank…
Xpress Money, one of the world’s most dependable money transfer brands, has launched a Mega Consumer Promotion in association with its partner Islami Bank Bangladesh Limited in Bangladesh. This is one of Xpress Money’s largest consumer promotions launched this year.…
Islami Bank Bangladesh Limited organised an orientation program on September 7 Monday at Mohammad Younus Auditorium of Islami Bank Tower on on the occasion of joining of newly recruited probationary officers. Mohammad Abdul Mannan, Managing Director of the Bank was…
The Rapid Action Battalion (Rab) arrested a former assistant officer of NCC bank from Kamalapur area on early Thursday on charge of misappropriating money of Tk 8.98 crore through data transfer from the bank. The arrestee was identified as Md…
Faisal Ahmed has been appointed as Senior Economic Advisor to the Governor to support Bangladesh Bank’s financial sector development and reform agenda. Prior to his appointment, he served as the IMF Resident Representative in Cambodia during 2011 – 2015 and…
A meeting of the Board of Directors of Islami Bank Bangladesh Limited (IBBL) was held on Friday at the Board Room of Islami Bank Tower. Engineer Mustafa Anwar, Chairman of the bank, presided over the meeting, said a press release.…
Grameen Bank has been ranked 12th position on Fortune’s Change the World List which is the recognition for creating new economic opportunities for those in poverty and bringing unbanked peopled under financial service. Fortune announced its inaugural Change the World…
A Dhaka court on Tuesday sentenced seven former officials of Oriental Bank to life term imprisonment for embezzlement of Tk 1.7 crore in the name of disbursement. Judge Dr Mohammad Akhtaruzzaman of Dhaka’s Special Judge Court-5 pronounced the verdict in…
Islami Bank Bangladesh Limited has opened its 296th Branch at Kalkini under Madaripur District. Enrg. Md. Eskander Ali Khan, Chairman, Executive Committee of the Bank inagurated the branch as the chief guest on August 20, 2015 Thursday.
Islami Bank Bangladesh Limited and Commerzbank AG, Germany jointly organised a two-day seminar on “Development of Technical Expertise on International Trade Finance” at the Islami Bank Tower on August 7-8. IBBL Managing Director Mohammad Abdul Mannan was present at the…
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held at the Islami Bank Tower here on Sunday. Mufti Sayeed Ahmad, Vice-Chairman of the Committee and Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasah-e-Furfura Sharif), presided…
Keeping in continuity of earlier policy Bangladesh Bank (BB) declared the new monetary policy for the first half of FY16 that helpful for investment. New monitory policy stance for the first half of FY 16, will stabilise inflation at moderate…
Bad or default loans amounting to Tk 62.61 billion were written off by banks in the calendar year 2014. These loans were written off when they became adversely classified. In CY13, about Tk 62.97 billion was written off. This was…
Anti-Corruption Commission yesterday interrogated managing director of BASIC Bank Limited Khondoker M Iqbal about the alleged loan scam of Tk 3,500 crore. Former managing director Fakhrul Islam ignored the commission notice and did not appear before the anti-graft watchdog. A…
Greek banks are reopening after three weeks of closures sparked by the deadlock over the country’s debt. Athens reached a cash-for-reforms deal aimed at avoiding a debt default and an exit from the eurozone. But many restrictions remain, including a…
Branches of scheduled commercial banks dealing with readymade garment industry will remain open on July 15 to facilitate payment of salaries and festival bonus of the RMG employees.
Islami Bank Bangladesh Limited Gulshan Branch organised a discussion on ‘Role of Mahe Ramadan in purifying wealth and soul’ at the branch premises on Saturday. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee of the Bank addressed the program as…
Islami Bank Bangladesh Limited International Banking Wing organised a view exchange meeting and Iftar Mahfil in honor of local correspondents of foreign exchnge houses at a local hotel on 8 July 2015. Md. Mahbub ul Alam, Deputy Managing Director of…
Greece’s outspoken finance minister has resigned, hours after voters backed his call to reject creditors’ demands for more austerity in a referendum. Yanis Varoufakis said it was felt his departure would be helpful in finding a solution to the country’s…
BB Governor Dr. Atiur Rahman met senior green economy experts Hans-Peter Egler and Daniel Wiener from ECOS (ecology, economy and social responsibility), a subsidiary of Global Infrastructure Basel (GIB) Foundation based on Basel in a sideline event during the Annual…
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited (IBBL) was held at Islami Bank Tower on Sunday. Mufti Sayed Ahmad, Vice-Chairman of the Committee and Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasha-e-Furfura Sharif) presided over…
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Saturday at Islami Bank Tower. Engr. Mustafa Anwar, Chairman of the Bank, presided over the meeting. Local and foreign Directors along with Mohammad Abdul Mannan,…
Swiss prosecutors are investigating 53 cases of possible money laundering in their inquiry into bidding for the 2018 and 2022 Fifa World Cups. Attorney General Michael Lauber said the incidents had been reported by Swiss banks. He said his office…
Islami Bank Bangladesh Limited approved 15% cash dividend for the shareholders for the year 2014. The dividend was approved in the 32nd Annual General Meeting of the Bank held on June 13 Saturday at Bangabandhu International Conference Centre, Dhaka. Engr.…
Rajshahi Krishi Unnayan Bank ( RAKUB) has disbursed Taka 1208 crore as loan for boosting rural economy besides creating employment through enhancing agricultural and non-agricultural production in the country’s north-western region during the first nine and half months of this…
By Paul Quintos Perhaps one of the most critical discussions haunting the post-2015 agenda has to do with the question of “how”: How can such an ambitious plan be financed? Where will resources come from? At least for member states,…
The High Court has asked why the finance ministry letter vacating the posts of nine elected directors of Grameen Bank should not be declared illegal.
Bangladesh Bank on Monday ordered the suspension of all mobile banking transactions from 5pm today (Monday) to 5pm Tuesday upon a request from the Election Commission (EC). Though the central bank earlier directed the institutions concerned to limit transactions through…
Islami Bank Bangladesh Lmited (IBBL) has been awarded Gold Medal for its outstanding contribution to the foreign remittance services of Bangladesh.