Enforcement gaps exposed as Moshihor victims await justice
Investors have grown restless nearly a year after the Anti-Corruption Commission (ACC) took up the case of Moshihor Securities Limited, as little progress has been made in recovering the laundered funds.According to the latest data from the Dhaka Stock Exchange (DSE), not a single taka has been returned to more...
Read more
BB steps in again, appoints administrator at ICB Islamic Bank
FE REPORTThe Bangladesh Bank (BB) has appointed an administrator at the problem-ridden ICB Islamic Bank in a fresh move to safeguard depositors and investors and restore governance at the lending institution.Mamunur Rahman, an executive director of the central bank, has been assigned as administrator, according to a disclosure filed with...
Read more
PUBALI BANK OPENS ITS 1000TH ATM BOOTH AT DU-
PUBALI BANK OPENS ITS 1000TH ATM BOOTH AT DUPubali Bank inaugurated its 1000th ATM/CRM booth at Dhaka University registrar building on Tuesday. This newly-installed booth will enable customers to avail of a wide range of automated banking services, including cash withdrawal and cash deposit. Professor Dr. A.B.M. Obaidul Islam, DU...
Read more
Most Gulf markets gain on hopes that US-Iran talks will proceed
Major Gulf equity markets registered an early rebound on Tuesday on reports that Iran is considering participation in peace talks with the United States in Pakistan, raising cautious hopes for diplomacy as the two-week ceasefire nears its end, reports Reuters.A senior Iranian official told Reuters on Monday that Tehran was...
Read more
IFIC BANK ORGANISES CASHLESS BD PROGRAMME IN PATUAKHALI-
IFIC BANK ORGANISES CASHLESS BD PROGRAMME IN PATUAKHALIA two-day awareness and outreach programme on promoting digital transactions under Bangladesh Bank's cashless Bangladesh initiative was successfully organised by IFIC bank in Patuakhali. IFIC Bank led the programme that began on Sunday morning with a colorful rally participated by invited guests and...
Read more
UCB BANK INAUGURATES ITS 235TH BRANCH IN SRINAGAR, MUNSHIGANJ-
UCB BANK INAUGURATES ITS 235TH BRANCH IN SRINAGAR, MUNSHIGANJUnited Commercial Bank (UCB) officially launched its 235th branch in Srinagar, Munshiganj. Mohammad Mamdudur Rashid, managing director and chief executive officer, UCB, inaugurated the branch. On the occasion of the inauguration, the managing director engaged in discussions with over 2,000 small business...
Read more