Dhaka July 9, 2025, 1:23 pm
The central bank would provide Tk14 crore, and 11 top-performing commercial banks would each contribute with Tk1 crore for the fund
Experts warn that while stricter rules bring transparency, they also expose long-concealed defaults
BB has taken a time-befitting initiative to ensure fundamental change to the supervisory framework of the banking sector
IMF, WB have already reviewed draft bill that would end government control over central bank; ordinance to be approved by year-end
Issuance of debit, credit and prepaid cards has risen by 140% and the total transaction volume through cards has increased by 228%
The updated policy is part of broader efforts to attract and retain foreign investment by offering more flexible financing options
Dhaka Additional Chief Metropolitan Magistrate Zakir Hossain set the new date today as the Criminal Investigation Department (CID), the investigating agency, failed to submit the report on the scheduled date
Governor Ahsan H Mansur confirmed that five private Islamic banks are slated for merger ‘very soon’
WB advises that preparations to tackle the upcoming challenges must begin immediately
Bangladesh Bank Governor Ahsan H Mansur officially unveiled Google’s flagship fintech service at a ceremony held at a Dhaka hotel
Executive board of the Washington-based Fund cleared the credit release as the deadlock over the two instalments of the $4.7 billion worth of lending package was over
Reforms regarding climate resilience in focus
Four major development projects are climate resilience, renewable energy, transport infrastructure and reforms in the banking sector
Strengthening banking sector, including digital infrastructure, will help provide longer-term financing sources
Clients expressed concern but remained hopeful that the ongoing merger of five Islamic banks, including FSIB, would ease the current liquidity crunch
A comprehensive roadmap is urgently needed to stabilise the sector and define its long-term direction. If necessary, the government must even consider temporary state takeovers of troubled banks
This sharp rise has been attributed to years of weak regulatory oversight, indiscriminate loan approvals under political influence, and systemic corruption in the banking sector
The five banks set to be merged are First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank, and EXIM Bank
This project will help improve the quality and accessibility of public services and thus enhance public trust in government institutions
BB Governor Ahsan H Mansur said that settlement was 'one of the options' it could pursue in less serious cases.
