Most banks post moderate earnings in Q3 Most banks have reported moderate earnings in the third quarter of the current year thanks to higher incomes from share market investments and credit growth. Of the 30 listed with Dhaka Stock Exchange (DSE), 19 banks made healthy earnings per share (EPS) compared

Bank transactions to remain closed on Sunday Transactions of all banks will remain closed on Sunday (tomorrow) as it is the last day of 2017. “Banking transactions will be closed. But we will perform our official activities,” said Abdul Baten Chowdhury, head of the principal branch of the Southeast Bank

BB eases sale process for foreigners to attract FDI The central bank has simplified and rationalised the sale process of foreigners’ equity investment in both public and private entities to attract more foreign direct investment (FDI) in Bangladesh. Under the rationalisation and simplification of sale process, buyers and sellers will

Dhaka Bank signs deal with Regent Airways Regent Airways has signed an agreement with Dhaka Bank Limited at Retail Business Headquarters of the bank in the city recently, according to a statement. Under the agreement, Dhaka Bank credit and debit cardholders will enjoy 10 per cent discount on base fare

Three-fourth bankers favor merger of banks: Bangladesh Institute of Bank Management (BIBM) study Some 72.0% bankers are in favor of reducing the number of banks in Bangladesh through merger or acquisition as their number is high given the size of the economy, according to a survey. About 88.0% of the