Dhaka June 17, 2025, 7:02 am
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
Bangladesh is seen as a leader in climate adaptation and disaster preparedness, says World Bank Interim Country Director
BB governor expects $1.3b from IMF as well as $2.22b more from WB, ADB, JICA, AIIB and OPEC Fund
The announcement was made by Bangladesh Bank Governor Ahsan H Mansur at a press conference on Wednesday
Pervasive irregularities over the past decade and a half have severely affected these banks—mostly Shariah-based—which are said to have borne the brunt of extensive misappropriation
New ordinance empowers BB for such action to straighten non-compliant lenders
Md Shahriar Kader Siddiky, Secretary, Economic Relations Division (ERD), and Ms Gayle H Martin, Country Director (Interim), World Bank, signed the deal
The assurance came during a bilateral meeting held on the sidelines of the ADB’s 58th Annual Meeting between ADB President Masato Kanda and Bangladesh’s Finance Adviser Dr Salehuddin Ahmed
The funding includes 350 million euro loans, and 45 million euro grants
The bank's Khatunganj Corporate Branch, through a notice in a local newspaper, called on individuals interested in buying these assets to participate in the auction
