- Van Dijk eyes place among Liverpool's great captains
- US congress averts government shutdown
- China's Ecarx in talks with VW to develop smart cars for Europe, US, CEO says
- 3 held with fake notes worth Tk 20 lakh in Kamrangirchar, N’ganj
- Musk says Starship to depart for Mars at end of 2026
- Trump says Islamic state's leader eliminated in Iraq
- 26,250 tonnes of rice arrive at Ctg port from Pakistan
- Baloch militants claim they escaped with 214 hostages
- South Africa captain Wolvaardt calls for more women's Tests
- US imposes visa bans on Thai officials
- China unveils 100-year nuclear battery with revolutionary applications
- Nayanthara calls 'Test', a story of love, resilience, and hope
- Trump clarifies his 24-hour Russia-Ukraine war promise as being 'Sarcastic'
- Trump signs decree on cuts to structure in charge of foreign policy outreach
- Abrar Fahad murder case: HC verdict on Sunday
- Rains, thundershowers likely in parts of country in 5 days
- BCL 3rd round kicks off tomorrow
- New movies, shows, music, and games to stream this week
- 4 killed in Thailand crane collapse
- 2.26 crore children to get Vitamin A Plus capsules
Bank operations remain city-centric
The banking sector in the country is overwhelmingly concentrated in urban areas, leaving rural regions with a disproportionately smaller share of deposits and loans. Higher economic activity, greater population density, and a stronger business presence in cities have led to a widening financial...
Women’s participation in banking sector surges significantly
Bangladeshs financial sector is witnessing a transformation as women make significant strides in banking employment. A recent Bangladesh Bank report shows a 12.90 percent surge in female employment, outpacing the overall growth rate of 5.17 percent, reflecting increasing inclusivity and...
Citigroup mistakenly credits customer $81 trillion
Citigroup mistakenly credited $81 trillion instead of $280 to a customers account, taking hours to reverse the transaction, the Financial Times (FT) reported on Friday. The incident highlights ongoing operational issues the bank has been trying to resolve. The error, which occurred last April,...
Bangladesh receives Tk 16,000 crores in remittances in 15 days
In the first 15 days of February, expatriate Bangladeshis sent a total of 131 crore 23 lakh 30 thousand US dollars in remittances through legal channels, amounting to 16,000 crore Bangladeshi Taka (at an exchange rate of 123 Taka per dollar). This translates to a daily average of 8.74 million...
Country saw record mobile banking transactions in December
Mobile banking transactions in Bangladesh reached a record high in December, 2024 with a total transaction volume of Tk 1,64,740 crore, reports UNB. This marks the highest monthly transaction amount in the history of mobile financial services (MFS) in the country, according to the latest report...
Economy stuck in quicksand of crisis
The new year ushers in a deepening economic crisis, exacerbated by money laundering, corruption, mismanagement, and looting. Economists and analysts warn that persistent challenges, such as stagnation in business and trade, labor unrest, declining investment and employment, massive defaults on...
Media trials allegedly used to destroy economy
A domestic and foreign conspiracy is being blamed for efforts to destabilize countrys economy, particularly targeting the banking sector and private industries. A group, disguised as patriots, is reportedly behind a media campaign designed to damage key financial institutions, with some experts...
10 Banks in Crisis, culprits remain out of reach
The banking sector in Bangladesh is grappling with severe turmoil, plagued by a series of irregularities, including loan scams, defaults, and currency laundering. Among the institutions most affected, 10 banks are in particularly fragile conditions, with the culprits behind these financial crimes...
Australia takes HSBC to court over neglecting scam victims
Australias corporate regulator has filed a lawsuit against the local affiliate of global banking giant HSBC, alleging it failed to properly address approximately 950 reports of customers losing close to, or more than, a million dollars, reports Reuters. The Australian Securities and Investments...