Fitch Ratings has affirmed Bangladesh's Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BB-'. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-Currency IDR at 'B'. KEY RATING DRIVERS Bangladesh's rating balances strong foreign-currency earnings and high and stable real GDP growth against significant political risk and weak banking-sector health.
Strong and relatively stable foreign-currency revenue from remittances and garments exports, two main pillars of Bangladesh's economy, support the external balances and overall credit profile. Bangladeshi exports have only been moderately affected by the current global trade slowdown: exports grew 5.9% over the year to January 2016, compared with 9.0% a year ea...
International Chamber of Commerce (ICC) – Bangladesh, The world business organization is organizing jointly with The Vietnam Chamber of Commerce & Industry (VCCI) a workshop on “International Trade Finance, ADR, Logistics and Business Development” in Vietnam on 21-23 April 2016 for Bankers from Bangladeshi banks. Around 88 bankers from 21 Banks including Bangladesh Bank and 20 commercial banks and also from Energy Ministry, Petro Bangla, NBR, Bangladesh Navy & Law Firm, some 80 bankers and businesses of Vietnam will be participating at the workshop together with Bangladeshi bankers.
The main objective of the Workshop is to allow the Bangladeshi bankers to interact with their counterparts in Vietnam and to under...
A training course on ‘Foundation Training for Senior Officers & Officers’ was held recently under the auspices of Pubali Bank Training Institute. Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Ltd. graced the occasion as Chief Guest on the certificate awarding ceremony. Niranjan Chandra
Niranjan Chandra Gope, Principal of Pubali Bank Training Institute, presided over the function while Khondaker Mahboob-E-Rabbani, DGM & Faculty Member was also present on the occasion.
In h...
Member of Parliament and Former State minister of LGRD Advocate Jahangir Kabir Nanak inaugurated Meghna Bank ATM Booth “Meghna Bank AnyTime” as chief guest at Mohammadpur Bheribadh in Dhaka on April 17, 2016.
Managing Director & CEO of the Bank Mr. Mohammed Nurul Amin, Presided over the Inauguration session. Honorable Director of the Meghna Bank Md. Ali Azim Khan & Mr. S.M. Jahangir Alam (Manik) were present as Special guest.
Senior Executives of the Bank, Local Elites and B...
Two professors of Rajshahi University got deans’ award-2016 for their excellent performance in research activities.
Prof Dr Mizanur Rahman of Population Science and Human Resource 
Development Department and Prof Dr Sayed Rasel Kabir of Bio-chemistry and Molecular Science Department received the awards on Tuesday.
RU vice chancellor Prof Muhammad Mizanuddin, addressing the award giving ceremony as chief guest, handed over the awards at conference room of science faculty.
Prof M...
Bangladesh ended March with 61.28 million active internet subscribers, up from 58.31 million internet subscribers at the end of February.
The country’s mobile internet base reached 58.04 million in March, up from 55.51 million in
the previous month, according to figures from the Bangladesh Telecommunication Regulatory Commission (BTRC).
The fixed-line internet user base also increased to 3.11 million in March, from 2.66 million in ...
