Sri Lanka central bank further reduces interest rates
Xinhua, Colombo :The Central Bank of Sri Lanka has decided to reduce its Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR)...
Business & Economy
NBL open its Durgapur sub-branch at Rajshahi
Business Desk :National Bank Limited, opens its 45th sub-branch at Durgapur in Rajshahi on Thursday. Managing Director & CEO of the bank Md. Mehmood Husain,...
Crisis-mired Germany to blow through debt limit in 2023
AFP, Berlin :Germany will seek to suspend a constitutional debt limit for a fourth straight year, its finance minister said Thursday, after a shock court...
EBL recognized as Most Innovative Partner by ShareTrip
Business Desk :Eastern Bank PLC. (EBL) has been awarded the Most Innovative Partner by the country’s leading Travel Assistant Company, ShareTrip. The award was a...
MGH Group inks deal with Microsoft Cloud Solutions
Business Desk :Recently, MGH Group joined hands with Microsoft Cloud Solutions to revolutionize cloud infrastructure with Microsoft Azure. The strategic alliance, entitled “Building tomorrow on...
Md. Abul Quasem elected as Chairman of BA Exchange Company (UK) Limited
Business Desk :Md. Abul Quasem, an Independent Director of Bank Asia Limited, has recently been elected as the Chairman of BA Exchange Company (UK) Limited,...
WB signs 5 projects with Bangladesh worth over $1.1b
Kamruzzaman Bablu :The World Bank signed five financing agreements with Bangladesh today amounting to over $1.1 billion to help the country achieve resilient and inclusive...
Dollar still costlier despite move to appreciate taka
Business Report :Two forums of banks on Wednesdaycut US dollar prices by Tk 0.5 but the move left little impact on the foreign exchange market...
Prime Bank inks deal with MetLife
Business Desk :Prime Bank Limited recently signed an agreement with MetLife Bangladesh at Prime Bank head office premises in Dhaka. Under this agreement, customers whose...
DSE demotes two officers nine months after promotion
Business Report :The Dhaka Stock Exchange (DSE) has demoted two officers nine months after their promotion to the post that does not exist in the...