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Are The Banks Prepared for the Uncertain Future ?
Many businesses are facing trouble to survive during this pandemic situation. It is expected that this pandemic will leave the legacy of long-lasting bankruptcies and redundancies. Bank banks are already facing provisioning shortfall. It is worthy to complete the groundwork for the next upcoming years now. This scenario is not only applicable to the local banks' many international banks are preparing themselves to face unexpected events in the coming years. In fact, three of the biggest American banks have taken preparations for this ev…
100th Prize Bond Draw Result
To mobilize the domestic resources Bangladesh government introduced the "Prize Bond" in 1974. It is a public savings scheme which is bearer in nature. On behalf of the Bangladesh Government, Bangladesh Bank manages the entire management. Prize bonds do not provide any interest to the bearer, rather it has a regular schedule of the prize draw. Bangladesh Bank declared it's 99th draw on 4th June 2020. Prizes of Prize Bond 1st Prize: Tk. 6 Lac for each series 2nd Prize: Tk. 6 Lac & 25 Thousand for each series 3rd Prize: Tk. 1 …
Job Circular: Junior Officer/ Officer (MIS) at Mutual Trust Bank Ltd.
Mutual Trust Bank Ltd. has recently published a job circular to recruit JO/Officer for its MIS division. If you want to grab the opportunity apply through the following link. Vacancy Not specific Job Responsibilities To receive all the update of litigation from Law Chamber/Concerned Unit; To consolidate all the required data/update instantly; To maintain an error free as well as updated MIS; To provide the report/required data to all the regulatory bodies on time; To meet all the legal compliance/regulatory reporting within the deadline all t…
Now You Can Avail Dual Currency Debit Card Against Your Savings Account
Many of us want to buy the product online or a subscription that is provided by companies from abroad. But, it can be a hassle and cumbersome it the person does not have a credit card. As everyone is not eligible to apply for a credit card. The City Bank Ltd. always strives to develop innovative and tech-oriented products in the banking industry of our country. As a part of their continuous effort, it now comes up with their existing debit card that will now enable you to purchase from all over the world. Recently, Bangladesh Bank has relax…
Declining Trends in Banks Profit
The banking business is slowing down. Profits of most of the banks have already started to decrease due to the implementation of single-digit interest rate as instructed by the government. The negative effect of Coronavirus has exacerbated the crisis. The bankers fear that it is only the beginning. Some other banks will also incur losses. Only 8 out of 30 listed banks could increase their profit in the 2nd quarter of 2020 (April-June). However, the profit of 18 banks was decreased. Two banks were already at loss. The amount has fur…
