Dhaka July 1, 2025, 12:14 pm
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.
Continued stability in foreign currency exchange rate, and favourable global conditions to help improve inflation scenario
This announcement was made on Monday by Economic Adviser Dr. Salehuddin Ahmed in the proposed budget for the fiscal year 2025–26
Since taking office, Dr Mansur has spent 91 days on public holidays (Fridays, Saturdays, Eid, and national days) and 65 days abroad, amounting to 156 non-working days out of 284. He has reportedly worked just 128 days in offi
Bangladesh Bank’s Executive Director and Spokesperson Arif Hossain Khan, said this in a press statement floated for the media on Friday
The Asian Development Bank (ADB) and Ayat Foundation jointly organised the forum at a city hotel
Despite contributing only 0.3% to the US trade deficit, countries like Bangladesh will face heightened export costs, particularly in key sectors such as garments and agriculture
He inaugurates Microcredit Regulatory Authority building
