Banks take 489b euros in 3-year ECB loans
December 22, 2011
Banks took a huge 489 billion euros at the European Central Bank’s first ever offering of three-year funding on Wednesday, raising hope a credit crunch can be avoided and that the money may be used to buy Italian and Spanish bonds.
Japan recovery ‘has paused’, warns central bank
December 21, 2011
The Bank of Japan said Wednesday that the country’s economic recovery “has paused” because of the slowing global economy, leaving its key rate unchanged at between zero and 0.1 percent.
SME fair opens today
December 20, 2011
The SME Fair-2011, the fifth version of the event, begins in the city on Tuesday, aiming to uphold the potentials of the sector.
BACH will enhance money flow, trade
October 25, 2011
Deputy Governor of Bangladesh Bank (BB) Abul Kashem today said Bangladesh Automated Clearing House (BACH) will enhance money flow, trade and commerce for speedy development of Rangpur region.
Insurance development and regulatory authority: a subject of discussion
October 24, 2011
In 2010 an Act, Act-12 of 2010 was enacted creating the Insurance Development and Regulatory Authority.
Agrani Bank farm loans prove costly for 700 women
September 24, 2011
State-owned Agrani Bank Ltd has allegedly breached its commitment to provide agriculture loans to about 700 poor women, after taking deposits worth Tk. 3,200 from each of them.
Selection of Pak firm for BB project irks experts
September 22, 2011
Bangladesh Bank’s (BB) selection of Infotech Global Pte Ltd, a Pakistani origin company, for a sensitive project, linked to the electronic payment system of the central bank, has drawn sharp criticism from one of the advisers of the Prime Minister, and information technology industry insiders.
Asian markets higher on hopes of Fed action
September 21, 2011
Asian stocks made headway early Wednesday as investors fearful of a debt implosion in Europe held onto hopes that the Federal Reserve in would announce measures to jolt the U.S. economy.
Janata Bank okays 57.05pc stock dividend
September 20, 2011
Janata Bank Limited held its 4th annual general meeting at the board room of the bank in the city on Monday, says a press release.
Agrani Bank holds motivational workshop in Narsingdi
September 19, 2011
Agrani Bank Ltd, Narsingdi regional office, held a motivational workshop on increasing the foreign remittance and improving customer service at its regional office here on Saturday.