Banking | Page 2 | The Daily Star

  • One Bank reappoints managing director

    M Fakhrul Alam has recently been reappointed managing director of One Bank, effective from October 8.

  • BB revokes remittance award handed to loan defaulter

    The central bank yesterday revoked a remittance award given to Shahjahan Bablu three days ago after his name was found on the list of loan defaulters of Bangladesh Commerce Bank Ltd (BCBL).

  • Loan recovery slows in Q2

    Banks’ loan recovery momentum slowed down in the second quarter of 2019 as many defaulters showed unwillingness to pay back loans to enjoy the central bank’s relaxed rescheduling facility.

  • EXIM Bank to monitor project implementation

    India wants its Exim Bank to monitor the projects it is financing in Bangladesh.

  • Govt redefines hard term external loans

    The government has decided to consider foreign loans as hard-term ones if the grant element is less than 25 percent, down from the 35 percent it currently takes into account, in a reflection of the country’s growing economic power.

  • Brac Bank to get $30m from British financier

    CDC Group, the UK government’s development finance institution, yesterday announced to invest $30 million (over Tk 25 crore) in Bangladesh’s Brac Bank.

  • New digital payment app Dmoney

    New payment app Dmoney launched

    Local financial technology service provider Dmoney announces its commercial operation aiming to create a solid position of the digital financial service in the country.

  • StanChart Bangladesh launch Korea-Bangladesh Desk

    StanChart launches Korea-Bangladesh desk

    Standard Chartered Bangladesh (SCB) on Thursday launched the Korea- Bangladesh desk to help Korean businesses invest and operate in Bangladesh. A guidebook titled “Doing business in Bangladesh”, offering information in both Korean and English languages, was also launched at

  • EBL expands wings to China

    Eastern Bank Ltd (EBL), a leading private bank of Bangladesh, will open its first representative office in Guangzhou of China today to explore the growing business opportunities between the two Asian economies.

  • ICB seeks Tk 1,000cr from BB

    The Investment Corporation of Bangladesh has sought Tk 1,000 crore in financial support from Bangladesh Bank on an “emergency basis” to inject liquidity into the ailing capital market as part of its concerted efforts to bring back investor confidence.

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