Bank

Bangladesh Bank has issued regulations stating that the Managing Directors (MDs) and Deputy Managing Directors (DMDs) of the weaker banks involved in the merger will lose their jobs. This was announced on Thursday, April 4th. The director of the struggling bank resulting from the merger cannot hold any director position …

According to Prothom Alo’s report, the fourth generation Padma Bank is going to merge with the private Exim Bank of Islamic style. This decision was taken unanimously in the Exim Bank Board of Directors meeting on Thursday (March 14). A director of Exim Bank confirmed this information to Prothom Alo …

Mamoon Mahmood Shah, the Managing Director and CEO of NRB Bank, has resigned due to personal reasons. Mamoon resigned on 21 January instead of waiting until his tenure ended on 2 February. Shakir Amin Chowdhury is currently the acting managing director of NRB Bank, according to the bank’s website. “I …

The central bank of Malaysia, Bank Negara, has approved two more digital banks to begin operations. The two banks are Boost Bank, a collaboration between fintech company Boost and RHB Banking Group, and AEON Bank, a subsidiary of AEON Financial Service. In 2022, Bank Negara granted digital banking licenses to …

The European Central Bank (ECB) will test over 100 European banks on their ability to respond to and recover from cyber-attacks. The European Union’s central bank will perform its first cyber resilience stress test on 109 banks under its supervision in 2024. The test will evaluate the banks’ capacity to …

IBM Security Trusteer researchers found a new malware campaign using JavaScript web injections in March 2023. It’s widespread and evasive, with historical Indicators of Compromise (IOCs) suggesting a possible link to DanaBot. ALSO READ: Chrome adds background scans for compromised passwords Web injections, a technique used by banking trojans, are …

The Anti-Corruption Commission (ACC) has filed a case against 7 officials including a branch manager of Midland Bank for embezzling Tk 3 crore from 46 customers through fraud and deception according to local media house. On Thursday (December 21), ACC’s Gazipur district office said the assistant director of the organization …

Bangladesh Bank dissolved the Board of Directors of National Bank. On Thursday (December 21), Bangladesh Bank has issued an order to dissolve the current board of the bank and form a new board. It is known that a new board of seven members has been formed where Ron and Rick …

Five Islamic banks current accounts with Bangladesh Bank are negative, but transactions are ongoing. The central bank has warned that unless the banks meet liquidity requirements within 20 days, transactions will be halted, reported Prothom Alo. According to Three prominent media reports Bangladesh Bank’s Motijheel office has recently given this …