Today, Dutch-Bangla Bank Ltd (DBBL) announced its plans to invest in a digital bank and establish two subsidiaries. This strategic move aims to enhance the bank’s presence in the capital market and further expand its business. ALSO READ: 12 institutions faced DDoS attack, Not hacked: BD CIRT DBBL has recently …
Read More »Bangladesh Bank some internet based services may be unavailable for 36 hours
Some internet based services of Bangladesh Bank will not be available from Monday (August 14) 8:00 pm to Wednesday (August 16) 8:00 am due to emergency maintenance activities. However, it is not clear which services will be closed. This information has been given in a notification of the central bank. …
Read More »Janata Bank Ltd. is now “Janata Bank PLC”
The name of Janata Bank has changed. The new name is ‘Janata Bank PLC’. The Banking Regulations and Policy Department of Bangladesh Bank has informed this information in a circular on Tuesday (August 8). It is said that, as per the provisions of Section 11A(a) of the Companies Act, 1994, …
Read More »Bangladesh bank alert on cyber attack to bank and financial sectors
Bangladesh Bank alert on a cyber attack on 15 August to the bank and financial institutions. Sunday (6 July) Bangladesh Bank issued the alert. Taken the cyber threat by the threat actor as serious the alert read the following: ALSO READ: 15 August target possible big cyber attack in BD; …
Read More »Bangladesh Bank initiatives “Taka Pay” card in December
Bangladesh Bank plans to introduce a national card named “Taka Pay” to decrease reliance on international cards and save foreign currency. Eight local banks will issue the card, which will be under the control of the central bank. All card transactions will be processed by the National Payment Switch in …
Read More »Bank Asia Managing Director resigned
Managing Director (MD) of Bank Asia Arif Billah Adil Chowdhury has resigned due to personal reasons not debt irregularities. He submitted his resignation late last week. The company accepted his resignation and granted him leave till October 21. At the same time, additional MD Shafiuzzaman has been given the current …
Read More »Bangladesh Bank server outage, RTGS transaction disrupted
Transactions in Bangladesh Bank’s Real Time Gross Settlement (RTGS) system have been disrupted due to a server error. It caused problems in the settlement of inter-bank transactions after 4 pm on Monday (July 31). A senior official of a private bank said that there is a problem with RTGS. As …
Read More »The name of Islami Bank has changed
In accordance with the provisions of Section 11(a) of the Companies Act, 1994, Bangladesh Bank has named ‘Islami Bank Bangladesh Limited’ as ‘Islami Bank Bangladesh PLC.’ has been changed. On Monday (July 31), the Banking Regulations and Policy Department of Bangladesh Bank issued a circular in this regard. The circular …
Read More »“Digital Bank” application time extended
A new web portal has been opened to accept the applications of those interested in launching a completely technology-based new type of bank ‘Digital Bank’. Application period is 42 days. But even within 40 days not a single organization applied. But many people have opened the user ID. MFS companies …
Read More »Who apply for the license of Digital Bank in Bangladesh?
Bangladesh Bank has taken the initiative to establish Digital Bank with the aim of providing global information technology-based digital banking services to the people for the purpose of building a ‘Smart Bangladesh’ declared by the Government of Bangladesh. In this context, Bangladesh Bank has approved the ‘Guidelines for setting up …
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