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Single digit lending rate squeezes the scope of mobilizing funds

Implementing single digit interest rate is turning out to be a double edged sword as it is discouraging people from saving, creating temporary deposit crisis in banks and squeezing lending, said the experts concerned with the banking sector. Bangladesh Bank—the regulator of the banks of the country—too said in an analysis

Rupali Bank disburses interest-free agri credit

Rupali Bank Limited has been disbursing interest-free credit among the poor farmers marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. The state-owned commercial bank has started disbursing agricultural credit among the marginal tomato farmers from January 1 this year under the ‘Zero Coupon Lending Programme’. The Bank

Success stories of women celebrated by StanChart

Standard Chartered to observe International Women’s day has brought forth stories of iconic women of past and present Standard Chartered Bangladesh at its head office recently organized a read-aloud for its employees and their children in a bid to celebrate the incredible stories of some Bangladeshi women who left their marks

Digital payment and fintech companies at BASIS SoftExpo showcase the expanding landscape of fintech in Bangladesh

Once only a dream, in 2020 you can trade stocks, manage insurance and have your food delivered using fintech, among a number of other things and often from a handheld device. Bangladesh has a huge market for fintech, as leading market studies repeatedly found. This led to the emergence of

‘With the rise of income and the rise of middle class, people are traveling more’

An animated interview with Morshedul Alam Chaklader, CEO of AirAsia Morshedul Alam Chaklader is a many of many calibers. Along with helming a top position in the corporate world, he is honing his entrepreneurship role by venturing into different businesses. He is currently playing the role of CEO of AirAsia in Bangladesh.