‘Best’ bank put in a sticky stew By all indicators it was deemed to be the best performing bank in Bangladesh, posting a profit of Tk 2,300 crore last year, leaving any other private bank far behind. However, that could not rid the bank of its ill repute—that it was

Banks wary of running all card transactions thru’ BB payment switch Banks and MasterCard have urged the central bank to review its directive to route all card transactions from the New Year through the National Payment Switch of Bangladesh in a bid to mitigate risks of cyber attacks. Their concern

The world witnesses an information and technology revolution. This revolution has touched every aspect of people’s life including banking. Technology has introduced new ways of delivering banking services and products to the customers, such as ATMs, and Internet Banking (IB). Hence, banks have found themselves at the forefront of technology

Remittance inflow falls 17pc in July-March The overall remittance inflow has dropped by nearly 17 per cent or US$ 1.86 billion in the first nine months of this fiscal year (FY), 2016-17, against the same period of the previous fiscal. The remittance receipts came down to $9.19 billion during the

Farm loan growth slows to 2.55pc in 9 months Disbursement of farm loan has increased by only 2.55 per cent during the July-March period of the current 2017-2018 fiscal year.It was 23.39 per cent during the same period of the previous fiscal year, 2016-2017. In March of the current fiscal