If the purpose behind preparation of the white paper on the state of the country's economy was to identify the economic malaises and find some ways out of the current imbroglio, the follow-up by the interim government has been conspicuous...
JASIM UDDIN HAROON | 2025-01-20 12:00:00
Agent banking has emerged as a transformative tool for financial inclusion, particularly in underserved areas of Bangladesh. This banking derivative cuts down costs of traditional banking operations, augments deposit mobilisation and facilitates enterprise growth in those far-flung areas, among other...
Question (Q) Agent banking is now being considered as a cost-effective banking approach particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A) Midland Bank recognizes the transformative potential of...
Siddique Islam | 2025-01-20 12:00:00
Coming as a technology-driven hybridization of traditional banks, agent banking has accelerated financial-inclusion initiatives across Bangladesh through bringing more unbanked and underbanked people into the banking network. This way, this banking derivative is contributing to the national effort for achieving...
LANGKAWI, Jan 19 (Reuters): Southeast Asian nations told Myanmar's military government on Sunday its plan to hold an election amid an escalating civil war should not be its priority, urging the junta to start dialogue and end hostilities immediately.The Association...
JASIM UDDIN HAROON | 2025-01-20 00:00:00
Even during the 1980s, many relatives of Bangladeshi expatriates had to travel to Dhaka to withdraw remittances from Sonali Bank's foreign-exchange branch in Dilkusha. Imagine the toils involved: relatives navigating the bustling capital city to collect the hard-earned money sent...
Question (Q): Agent banking is now being considered as a cost-effective banking approach, particularly in the least developed areas. Could you please explain the journey of agent-based banking services of your bank?Answer (A): Social Islami Bank PLC launched Agent Banking...
Question (Q): Agent banking is now being considered as a cost-effective banking approach particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A): Bank Asia PLC pioneered Agent Banking and...
JUBAIR HASAN | 2025-01-20 00:00:00
Villagers used to depend on usurers and thereafter on NGOs for small moneys. Gonna are the days of those moneylenders. Agent banking makes inroads and begins changing the macro-economic landscape in the rural areas, especially with increasing participation of female...
Question (Q) : Agent banking is now being considered as a cost-effective banking approach, particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A): The journey of agent-based banking services...
Question (Q). Why Agent Banking Channel is important for BRAC Bank? Answer (A): Agent banking channels play a crucial role in providing banking services to the country's unbanked and underserved populations. While these individuals may have limited exposure to traditional...
Agent banking is the easiest way of bringing dynamism in economic activities, creation of employment opportunities, alleviation of poverty, and contribution to economic growth by promoting financial inclusion of the people in far-flung areas and out of the reach of...
Low-income residents, especially females, under wards 45 and 46 of Dhaka city submit necessary particulars to an individual at Gendaria on Sunday in order to obtain TCB family cards that dispense low-price essential commodities to beneficiaries. — FE Photo by...
FE REPORT | 2025-01-20 00:00:00
Bangladesh Fisheries Development Corporation (BFDC) on Sunday launched an initiative to sell hilsa at a fair price, drawing thousands to its outlet at Karwanbazar in the capital.Fisheries and livestock adviser Farida Akhter inaugurated the hilsa sales drive at 2:00 pm,...
Home Adviser Lt. Gen. Md. Jahangir Alam Chowdhury (retd.) on Sunday said the border is completely protected as the Border Guard Bangladesh (BGB) personnel have always been put on alert at the country's frontier line. "BGB is always alert at...
FE Report | 2025-01-20 00:00:00
The Bangladesh Development Bank Limited (BDBL), a state-run commercial bank, has sought a special long-term liquidity facility to the tune of Tk 10 billion to meet its capital shortage amid substantial withdrawal by the depositors in recent times, sources said.It...
FE REPORT | 2025-01-20 00:00:00
A Dhaka court on Sunday issued an arrest warrant against cricketer and former Awami League lawmaker Shakib Al Hasan and three others in a case involving two bounced cheques at IFIC Bank.Judge Md Ziadur Rahman of the Additional Chief Metropolitan...
Nazimuddin Shyamol | 2025-01-20 00:00:00
CHITTAGONG, Jan 19: A four-member team of the United States Coast Guard (USCG) will start its six-day Chittagong port visit tomorrow (Monday) to assess its overall security measures. The visit will end on January 26.Led by USCG Lieutenant Commander Khiem...
FE REPORTThe UN investigation team on Myanmar will also look into the alleged involvement of the Arakan Army in atrocities against the Rohingya in Rakhine state, a senior UN official said on Sunday."We have a mandate to collect evidence committed...
MONIRA MUNNI | 2025-01-20 00:00:00
Yarn imports witnessed a significant surge in 2024, creating uneven competition for local spinners against foreign companies mainly because of higher production costs fuelled by a gas crisis, industry people said. Bangladesh imported 680.43 million kilograms of cotton yarn under...
Chief Adviser Professor Muhammad Yunus has said that he would visit the much-talked-about 'Aynaghar,' a joint- interrogation cell, in response to a request from the Commission of Inquiry on Enforced Disappearances, reports UNB.The commission briefed the Chief Adviser in a...
WASHINGTON, Jan 19 (Agencies): President-elect Donald Trump's inaugural address takes place indoors today (Monday) due to dangerously cold weather being forecast next week in Washington, he has confirmed. The address, as well as other speeches, will now take place inside...
Displaced Palestinians cheer as they return to Rafah in the southern Gaza Strip on Sunday, hours after a ceasefire deal in the war between Israel and the Palestinian group Hamas was implemented. — AFP
A Dhaka court has granted bail to over 250 suspects accused in the Pilkhana massacre case under Explosive Substances Act, reports bdnews24.com.Dhaka Special Tribunal-1 Judge Md Ibrahim Mia gave the order after a hearing at a temporary court in the...
FE REPORT | 2025-01-20 00:00:00
Overseas exchange houses will have to mention sources of foreign currencies, conversion rate and remitted amount in taka for each remittance transaction as per disbursement instructions sent to banks across Bangladesh.To this effect, the central bank has amended policies to...
MIR MOSTAFIZUR RAHAMAN | 2025-01-20 00:00:00
Bangladesh will raise the issue of Chinese dam on the Brahmaputra at the upcoming bilateral meeting in Beijing on January 21, when the stalled Teesta project may also come up.Sources in the foreign ministry told The Financial Express about the...
JUBAIR HASAN | 2025-01-20 00:00:00
Risk-free returns from investment in sovereign securities keep shrinking to the frustration of some commercial banks as economic activity also stays persistently sluggish, bankers say.As the investment opportunities squeeze over the last several months because of prevailing economic slowdown after...
Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Monday), according to the Met office.Moderate to thick fog may occur at places over northern part and light to moderate fog may occur at...
FE REPORT Police have arrested a person who was allegedly involved with different types of deception acts and extortion impersonating himself as a former personal assistant (PA) to the chief adviser (CA). The arrestee was identified as Shah Kamal Khan...
FE REPORTThe entry test results of the government and private medical colleges for the 2024-25 academic year were released on Sunday, with a pass rate of 45.62 per cent.Of the total candidates, 60,095 passed the admission test. A total of...
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