Mercantile Bank and Esquire Electronics Sign Cash Management Agreement
Mercantile Bank PLC has signed a cash management agreement with Esquire Electronics Limited at the bank’s head office on Thursday. …
Standard Bank PLC Holds 419th Board Meeting
The 419th board meeting of the Shariah-based Standard Bank PLC was held on 30 October at the bank’s boardroom in …
Experts Warn Merger of Five Islamic Banks Could Pose Major Risk
Bangladesh’s central bank’s plan to merge five financially distressed Islamic banks into a single Shariah-compliant institution has ignited widespread debate …
Bangladesh’s Foreign Exchange Reserves Reach $32.15 Billion.
Bangladesh’s foreign exchange reserves have reached $32.15 billion, according to the latest data released by the Bangladesh Bank (BB) on …
Over 1 Million Taxpayers File Returns Online in Bangladesh.
More than 1.0 million individual taxpayers have submitted their income tax returns online in the current tax year, marking a …
Pound Set for Worst Monthly Drop Since July Amid Fiscal Concerns.
The pound is on course for its worst performance against the dollar since July and is languishing at 2½-year lows …
Banks Hesitant to Sponsor Fintech Event by Little-Known UK Firm.
The Bangladesh Association of Banks (BAB) has urged local banks to participate in and sponsor a fintech conference planned for …
Bangladesh’s Forex Reserves Rise to $27.34 Billion.
Bangladesh’s gross foreign exchange reserves have climbed to $27.34 billion, Bangladesh Bank confirmed on 29 October. Arif Hossain Khan, spokesperson …
Tk25 Lakh Embezzled in Bangladesh Bank NSC System Breach.
A fraud ring has embezzled Tk25 lakh by exploiting the National Savings Certificate (NSC) system, Bangladesh Bank officials reported on …
Banks Shift Profitability to Government Bonds Amid Weak Lending
Several private banks in Bangladesh have sustained or even grown profits in a challenging financial environment, not through traditional lending, …