Reveals BB probe, recommends removal of bank’s chairman; two ex-MDs also involved in the scam AKM Zamir Uddin and Sajjadur Rahman The AB Bank has allegedly laundered around Tk 165 crore to the United Arab Emirates through two shady organisations in the name of investment, according to a Bangladesh Bank probe report.
Nasir Uddin Shah Growth of deposits in banks has steeply declined during last several months. At present growth of deposits is 8.9% while in June it was almost 11%. Bankers have informed deposits may further decrease if investments don’t rise. Continuous fall of deposits may lead to monetary crisis in
ব্যাংক কোম্পানি আইনের সংশোধন ঠেকাতে মাঠে নামার ঘোষণা দিয়েছেন বাংলাদেশ ব্যাংকের সাবেক ডেপুটি গভর্নর খোন্দকার ইব্রাহিম খালেদ। সম্প্রতি এ আইনের সংশোধন করে পরিচালকদের মেয়াদ ছয় বছর থেকে বাড়িয়ে নয় বছর ও এক পরিবার থেকে দুজনের পরিবর্তে চারজনকে পরিচালক করার উদ্যোগ নিয়েছে সরকার। এই সংশোধন ঠেকাতে লেখালেখি, সেমিনার ও উচ্চ মহলে
The central bank has brought around half-a-dozen commercial banks under its close monitoring after it detected anomalies in their recent share market activities. As part of the move, the Bangladesh Bank (BB) has already sought explanation from the banks on activities along with exceeding their share market exposure limit,
Star Business Report Digital financial services are yet to flourish in the country for the lack of a participatory approach from the regulators and operators, which ultimately deprive customers from advanced services, experts said yesterday at a roundtable. “Bangladesh Bank needs to look from a wider angle and focus on
Jebun Nesa Alo Offshore banking, the unit of commercial banks that gives out foreign currency loans, is increasingly getting popular among both overseas and local investors because of the low cost of funds. For instance, in 2016, loans under offshore banking grew 20.41 percent year-on-year to Tk 39,329 crore, according
Jebun Nesa Alo Agent banking is gaining popularity, particularly among Bangladeshis living abroad, because of its convenient and cost-effective nature. The business seems so attractive that some banks have dumped their mobile banking efforts and gone for agent banking. Agent banking offers limited banking and financial services to the underserved