Bank financial closing Dec 27 Bangladesh Bank announced on Tuesday the 27th December as the financial closing day for all scheduled commercial banks instead of December 30, according to a press release. The Bangladesh Bank issued the order on ‘bank closing” day considering the day banks usually report the last

Stocks hit 8-month high The stockmarket has continued to maintain its post-election rally, reaching an eight-month high of 5,687 points yesterday. Turnover has also been increasing since the national polls held on December 30. The key index of the Dhaka Stock Exchange, DSEX, increased 300 points in just five sessions.

Branchless banking gaining ground A good number of banks are going towards branchless banking in recent times by way of rolling out different digital products as a part of their efforts to reach out to more people both in rural and urban areas. This is also helping them decrease the

Govt to take initiatives to boost tea exports Tea production in Bangladesh was 60 million kg in 2009, which increased to 97.51 million kg in 2021, but the product is not exported much, so the government has decided to take steps to increase its export, said Commerce Minister Tipu Munshi.

EBL and British Council signed agreement Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank Ltd (EBL), and Faye Nicholls, Head of Teaching Centre of British Council, signed an agreement in Dhaka recently. Under the deal, EBL cardholders to enjoy extraordinary benefits on British