Bank & Insurance

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 by Tk 10,000 crore

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...

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