Bank & Insurance

350 directors of 25 private banks will get about Tk 1000 crore as dividend

Directors of 25 private banks hold 40.34 percent shares of the listed banks will get a total cash dividend of Tk 913.66 crore this...

AB Bank to sell Paradise Group property to recover Tk 195 crore default loan

Family conflict, mismanagement, unplanned investment drowned once reputed Paradise Cables Limited and forced the company defaulted Tk 195 of the AB Bank Limited. Paradise Cable...

BaB request gov to withdraw excise duty on deposit

The Bangladesh Association of Banks (BAB), an association of private bank entrepreneurs, has requested that the proposed budget increase in excise duty on bank...

Local bank will issue international debit cards  soon

Bangladesh Bank has granted the local banks permission to issue international debit cards for the first time.  The banks will be able to issue...

Many banks may became commercially unviable for lending rate cap.

The central bank move to cap lending rates at 9% and the pandemic fallout is now colliding with a weak financial system that may...

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