Dhaka November 20, 2025, 3:36 pm
Govt has decided to set revised development budget, or the ADP, at Tk200,000 crore for the current fiscal year
The government now plans to revive the bank through a set of proposed legal amendments
In particular, ongoing regional and global political instability is a major concern for Bangladesh
Bangladesh Bank (BB) Governor Ahsan H Mansur has assured staff that lower-level employees will not lose their jobs – at least within the first three years of the merger
Financial Institutions Division Secretary Nazma Mobarek will serve as the chairperson of the new bank’s board
Finance Adviser Salehuddin Ahmed said this while briefing reporters at Bangladesh Secretariat after holding a series of meetings
Honorable Governor of Bangladesh Bank, Ahsan H. Mansur handed over the award to Prime Bank’s officials
Mansur made these remarks while speaking as the chief guest at a regional seminar on MFI-Bank Linkage, organised by the Microcredit Regulatory Authority (MRA), at a local resort at Basail here in Tangail on Saturday
Formal letters regarding the resolution were issued to the company secretaries of the respective banks
Governor Ahsan H Mansur is expected to brief the media Wednesday afternoon to share details of the decision
country’s debt management functions are currently spread across multiple agencies, resulting in coordination gaps, inconsistent data, and difficulties in formulating a coherent debt strategy
ADB is one of the largest multilateral development partners of Bangladesh
As of the end of June, the combined capital deficit in the sector stood at Tk1.56 lakh crore
For fund transfers carried out under the interoperable system, defined transaction limits will apply
All other instructions of earlier circular and its subsequent modifications will remain unchanged
Calls for fair valuation, transparency
The resignation came three days after the interim government’s advisory council approved merging Social Islami Bank, First Security Islami Bank, Global Islami Bank, Union Bank, and EXIM Bank into a new state-run Islamic lende
The soft loan comes with a 2 percent annual interest rate, a five-year grace period, and 25 years for repayment
The government says the previous law had no guarantee for financial institutions' deposits, but now it includes a protective measure
The newly formed bank will be state-owned initially, with plans for gradual privatisation
