New instructions for existing bank credit
Bangladesh Bank (BB) on Wednesday issued new instructions for banks to avoid the increasing trend of lending rate.
“Banks can’t increase the rate of interest if the rate is fixed. In case of flexible, variable or 
floating interest rate, banks can increase the rate once in a year,” said a BB circular issued Wednesday.
For increasing the interest rate, the circular said, banks will have to issue notice to the borrowers at least three months ago. In case of term loans, banks can increase the lending rate by 0.50 percent each time.
But,...
floating interest rate, banks can increase the rate once in a year,” said a BB circular issued Wednesday.
For increasing the interest rate, the circular said, banks will have to issue notice to the borrowers at least three months ago. In case of term loans, banks can increase the lending rate by 0.50 percent each time.
But,...
Bangladesh joins jute fair in Tokyo
A pavilion of Bangladesh was inaugurated today at Interior Life-style Fair at the Big Site of Tokyo in Japan to showcase Bangladeshi jute products.
Chairman to the Parliamentary Standing Committee on Textiles and Jute Saber Hossain Chowdhury, Bangladesh Ambassador to Japan Rabab Fatima and Export Promotion Bureau Vice Chairman Bijoy Bhattachariya inaugurated the pavilion, reports BSS.
A total of 10 jute business organizations are taking part in the fair where they are showcasing different items of jute produ...
Chairman to the Parliamentary Standing Committee on Textiles and Jute Saber Hossain Chowdhury, Bangladesh Ambassador to Japan Rabab Fatima and Export Promotion Bureau Vice Chairman Bijoy Bhattachariya inaugurated the pavilion, reports BSS.
A total of 10 jute business organizations are taking part in the fair where they are showcasing different items of jute produ...
BD Supply Chain Excellence Awards 2018
IPDC Finance Limited, the first private financial institution of Bangladesh established in 1981, has arranged a press conference recently on Bangladesh Supply Chain Excellence Award (BSCEA) 2018 with Bangladesh Supply Chain Management Society (BSCMS) in association with The Daily Star at The Daily Star Centre, Dhaka. The main objective of this press conference was to share more insights about the award ceremony.
BSCEA 2018, one of its kind recognizes outstanding individual and organizational co...
BSCEA 2018, one of its kind recognizes outstanding individual and organizational co...
AIBL approves 15pc cash, 5pc stock dividend
Al-Arafah Islami Bank Ltd. has approved 15% Cash and 5% Stock Dividend for the year ended on 31st December 2017 in its 23rd Annual General Meeting (AGM) held on 24 May, 2018 at Al-Arafah Tower, Purana Paltan, Dhaka. The meeting was presided over by Alhajj Abdus Samad Labu, Chairman, Board of Directors of the Bank.
Vice Chairman Alhajj Abdus Salam, Directors Alhaj Hafez Md. Enayetullah, Alhajj Salim Rahman, Mohammed Emadur Rahman, Md. Amir Uddin PPM, Alhajj Nazmul Ahsan Khaled, 
Advance train ticketing service through RobiCash
The leading digital service provider of the country, Robi, is offering advance train ticket purchasing service through its digital payment solution, RobiCash. As the Eid-ul-Fitr nears, this user friendly solution promises a much needed respite for the train travelers during the upcoming Eid holidays.
Robi subscribers need to first book for the train tickets by dialing *131# from their Robi mobile 
phones. Then through a user friendly process the users will be requested to provide the journ...
phones. Then through a user friendly process the users will be requested to provide the journ...
