Padma Bank gets massive waiver

Bangladesh Bank yesterday granted a new waiver to Padma Bank allowing it to maintain a lower amount of liquid assets requirement to allow the troubled lender to improve its balance sheet and attract foreign investors. The central bank had…

Sharp increase in online fraud

Industry regulators and police are warning the public to be on alert following a sharp rise in fraud cases.Compared to last year's figures, Claremont Police Station says it has seen a 29% increase in reported fraud cases, while…

MiBank reaches Morobe remotely

Thanks to USAID's Lukautim Graun PNG Program (LGP) partnership and micro banking, people living in rural and remote communities like Nasuapum now have access to banking services. These services have increased opportunities for improved…