Bank & Insurance

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...

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...

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