HSBC helping firms to transition to sustainable future
HSBC is a global leader in sustainability space. The bank is also actively working in Bangladesh to support its customers to transition and help achieve their sustainability goals. It has arranged...
New Covid scare sparks rate rethink in markets
Risks of a new Covid hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the dollar and other currencies...
Responsible banking: new dimension of green banking
With the culmination of climate change and its adverse impact, we are all concerned about our habitat, economy, life-style and future generation.
New law lists bankers’ digital books as legal evidence
Parliament yesterday passed the Bankers’ Book Evidence Bill 2021, defining digitally recorded documents used in the ordinary business of banks as legal evidence admissible in court.
Credit card spending keeps growing as virus recedes
Spending through credit cards maintained an upward trend in September as people kept flocking to online sites in the tourism and hospitality sector as the coronavirus crisis continues to wane.
NBFIs seek deferral of BB rules seeking to restore discipline
Non-bank financial institutions have demanded postponement of the application of a Bangladesh Bank guideline that is seeking to restore credit discipline in the fragile sector.
LankaBangla Finance gets $21m foreign loans
LankaBangla Finance has recently received $21 million in foreign currency loans from two companies with prior approval from Bangladesh Bank.
Prime Bank wins bronze at Efma-Accenture Banking Innovation Awards 2021
Prime Bank has won a bronze at an Efma-Accenture Banking Innovation Awards 2021 in an analytics and artificial intelligence category.
Banking thru voice
Banking services are set to come even closer to clients in Bangladesh as Bank Asia plans to roll out voice banking, allowing its clients to carry out transactions through conversation.
StanChart launches digital trade counter
Standard Chartered Bangladesh has launched Digital Trade Counter to allow clients to submit trade transaction applications and related documents.