Insurance sector topped buying list led by Federal Insurance as buyers goes for large...

Federal Insurance Company Limited (FICL) share price rose by 41.57 percent in a single week as the traders in the Dhaka Stock Exchange (DSE),...

Foreign exchange reserve to be used to pay power and port dues

The government is likely to use foreign exchange reserves for foreign payments for primarily in two sectors – power and port development projects. Such loan...

Mutual Trust Bank go for massive spending cut over coronavirus

Mututal Trust Bank management has launched massive spending cut spree as it leaving an entire building, relinquishing additional branch space, reducing rents, conducting online...

Banks refrain from providing loan under subsidy

Commercial banks are unwilling to provide subsidized rate loan under incentive package to raw jute and tea exporters, exporters blamed. But bank officials have claimed...

Janata bank faces Tk 2500 crore loss for corona, default loan to be reduced...

State Owned Janata Bank has been experienced a bitter Tk 2500 crore financial losses due to coronavirus pandemic. The bank management was also been...

ACC summons PK Halder, 4 others over Tk3,500cr embezzlement

Anti-Corruption Commission (ACC) has summoned Proshanto Kumar Halder, former managing director of Reliance Finance Limited and NRB Global Bank, and four others over the...

Remittance recorded single month growth amid job loss

Remittance earning in a single month of July 2019-20 has crossed all time high recorded US$ 2.6 billion. The previous highest was $1.733 billion...

FCA Jamaluddin ousted from Janata Bank board amid pressure

Reputed Chartered Account Jamaluddin Ahmed was ousted from Janata Bank as Chairman of its Board of Directors at the middle of his regime amid...

Debt collection virtually stopped: Bank reinvestment is declining

The investment in the banking sector is around Rs 2 lakh crore in two sectors. And between these two sectors there is about 1...

Panic in small private banks for salary cut

Four banks finally have implemented salary cut initiatives to adjust operation losses driven from coronavirus pandemic that halted business for about three months. At latest...