Dhaka September 29, 2025, 11:22 am
These five Shariah-based banks have been facing severe financial crisis due to widespread irregularities and corruption during the previous government’s tenure
This new limit is a key benchmark Bangladesh must meet to secure subsequent loan installments
Business leaders welcomed the decision, saying it will ease pressure on exporters struggling with tight margins and volatile demand
The BFIU has been notified as an extra precaution before the banks settled the cheques
Personal deposits alone total nearly Tk 46,000 crore
Bangladesh Bank had filed a case against RCBC at a New York court over the theft in 2020
Depositors’ funds are effectively frozen, while the banks rely on massive central bank support to stay afloat
Top banks cut allocations; disaster management still takes the lion’s share
This strategic partnership will not only enhance employee experience but also open avenues for future collaboration between the two organizations
Businesses seek 15-year repayment tenure, 6 monthly installments
Experts warn of stagnant deposit growth without economic stabilisation
Employees unable to withdraw salaries amid worsening liquidity; fears grow for depositors’ money
The decision was taken at a special board meeting chaired by Bangladesh Bank Governor Ahsan H Mansur on Tuesday
He submitted his resignation on Tuesday, citing personal reasons
Bangladesh Bank, with the support from Gates Foundation, is preparing to launch a unified interoperable instant payment system
The central bank set a cut-off rate of Tk121.75 for these dollar purchases
No final decision has yet been made about the fate of employees at the five banks or whether their scattered branch networks will be rationalised
BB Governor assures that lower-level employees would retain their jobs, but no one in the top management considered themselves safe
Regarding bad loans, the governor says the June report indicates a 30% risk of default
Governor Dr Ahsan H Mansur joined the signing ceremony virtually, while Deputy Governor Nurun Nahar and Executive Director Husne Ara Shikha attended it in person at the central bank headquarters on Tuesday
