The banking industry is facing a rebirth by necessity, as a new era of business reinvention is dawning. It is becoming embedded – sometimes almost invisibly – in non-banking business processes, thereby merging financial services with offerings from oth
This year, the Bank of the Year award for Bangladesh rewards Standard Chartered Bank Bangladesh’s work in capital markets, trade finance and financial inclusion. The lender was able to achieve these results despite strong pressure on margins at home and volatility in the global environment, accord...
Jan. 24, 2025, 6:38 AM UTC(Daily Star)ADB cuts Bangladesh’s growth forecast due to political unrest Jan. 18, 2025, 8:35 AM UTC(The Indian Express)Gujarat: Fintech institute, startup hub at GIFT CityShow More Asian Development Bank (ADB), organization that provides loans and equity in...
Unit certificate of investment corporation of Bangladesh Credit balance D.P.S. & S.P.S. A/c’s e. Set off:The right of set off is the right of a creditor to the total or partial merging of a claim against the counter claim of the debtor. In the other words, a set off is a r...
The reasons behind this kind of decision are that still the agriculture in Bangladesh depends on the weather and other natural conditions. So, it creates an uncertainty whether the production of crops will be good or not. One rain can damage the paddy when it is the time to cut. So, the...
Opportunity to expand geographically within Bangladesh. Customers are looking for good quality and have the willingness to bank with Janata Bank Threats: • Strong community bank competition Non-bank competition • Inefficiencies within the operations of the bank ...
Bank largely depends in its foreign exchange business to ensure profitability. The Bank’s foreign exchange business is designed to assist development of trade, commerce and industry in the country in consonance with the guidelines of Bangladesh Bank. There are three categories in the below: ...
In clearing section, Cheque, dividend warrant and other forms of financial instruments, which are easy for encashment, are received. The clearing departments send these instruments to the clearing House of the Bangladesh Bank for collection. As soon as cash is received the amount is deposited in ...
Internet has brought a great advantage to the business world. The efficiency of businesses can be increased even more than ever before. Many banks today are also started to take the advantage of Internet including some banks in Bangladesh. If the client does not have to go to the branch of...
in India in 1784, had opened its two branches in 1873 in Sirajganj and Chittagong of Bangladesh region. Later in 1862, the Bengal Bank Purchased the Dhaka Bank and opened its first branch in Dhaka in the same year by reconstituting and merging the Dhaka Bank. Thereafter, another branch of...