Bank

Banglalink, the third-largest telecom operator in Bangladesh, has recently applied for a digital banking license along with its parent company, VEON Ltd. ALSO READ: Dutch-Bangla Bank to invest in digital bank The group aims to expedite Banglalink’s entry into the fintech industry by obtaining a digital banking license. Banglalink announced …

The managing director of Sonali Bank Afzal Karim revealed that Sonali Bank’s £170,000 has been frozen in accounts held by two Myanmar banks due to the imposed US sanctions. The US also asked the Sonali Bank to halt transactions with the Myanmar Foreign Trade Bank and Myanmar Investment and Commercial …

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 …

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. …

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, …

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; …

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 …

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 …

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 …

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 …