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Banking

Cash withdrawal raises to Tk 3 lakh daily limit

Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk 3 lakh per account daily. Earlier, the limit was Tk 2 lakh. The central bank also instructed banks to monitor transactions through cheques and block any suspicious transfer of funds. "Due to security problems in transporting cash to bank branches, please do not allow withdrawals more than Tk 3 lakh in cash during the upcoming week," the Bangladesh Bank informed banks through an SMS on Saturday.

Ensure full autonomy of Bangladesh Bank

The Bangladesh Bank Officers Welfare Council today called upon the interim government to amend the Bangladesh Bank Order 1972 for ensuring complete autonomy of the central bank. They made the demand in a memorandum submitted to the finance adviser of the interim government and later informed journalists about the demand in a press conference at the central bank headquarters in the city. The council recommended that Bangladesh Bank should be kept free from political interference and influen...

BB Governor too resigns

Bangladesh Bank (BB) Governor Abdur Rouf Talukder has resigned from his post.Talukder submitted his resignation letter to the Financial Institutions Division secretary on Friday citing personal reasons, sources in the Division said.
Secretary Md. Abdur Rahman Khan, however, declined to say anything in this regard. The mobile phone of Abdu...

Shahjalal Islami Bank Ltd. organized Ifter Mehfil and Discussed on “the Significance of Mahe Ramadan” in Sylhet

Shahjalal Islami Bank Limited organized Ifter Mehfil and discussed “the Significance of Mahe Ramadan” on 15th April 2022 at the Amanullah Convention Centre, Sylhet. The Managing Director & CEO of the Bank Mr M. Shahidul Islam was present as Chief Guest on the occasion while the Additional Managing Director & CBO Mr Abdul Aziz presided over the ceremony. The Alternative Director of the Bank Mr Mohammad Masud was present as a Special Invitation guest on the occasion. The Head of Public Relations Division & Bank Foundation Mr Md. Shamsud

SJIBL holds 826th EC meeting

The 826th meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held recently at the Corporate Head Office of the Bank by maintaining proper hygiene and social distance. The meeting was presided by Mr Akkas Uddin Mollah, Chairman of the Executive Committee (EC) of the Bank. The members of the Committee discussed the various issues related to investment in a different sector. Among others the Directors of the Bank & members of the Committee Dr Anwer Hossain Khan, Mr Md. Sanaullah Shahid, Mr ...

JBL original database transferred to Oracle 19c

Jamuna Bank Ltd (JBL) passed a hurdle and successfully migrate its core Database to Oracle 19c. Jamuna Bank is the 1st Bank of Bangladesh to migrate it for its CBS system. With this upgrade Jamuna Bank is one step ahead to provide better service to its customer.

To celebrate the success, Oracle officials and Jamuna Bank high officials jointly arranged a ceremony at Jamuna Bank Head office. The ceremony was presided over by the honourable Managing Director of Jamuna Bank’s Mr Mirza Elias Uddin Ahmed and among others DMD and CBO Mohammed ...

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