Warning against burdening banks

The financial sector of Bangladesh has developed a dangerous notion called 'mismatch of maturity', as short-term deposits are used for financing long-term investment here, eminent economist Dr. Rehman Sobhan opined on Sunday. "The entire burden of investment for structural change...

Al-Arafah Islami Bank Limited (AIBL) has conducted a day-long workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ at its Training and Research Institute. Md Habibur Rahman, Managing Director of the bank inaugurated the workshop held today (Sunday), according to a press statement. Principal of the AIBL Training Institute and Executive Vice President, Md Abdur Rahim Duary and Vice President of AIBTRI, Touhid Siddique were also present on the occasion.

Insurers' life fund declines 6.0pc in ‘17

The "life fund" of all the 32 life insurers shrank by nearly 6.0 per cent in calendar year 2017, revealed a report. The financial institutions division under the finance ministry prepared the report. A life fund is a portfolio which...