Dhaka January 9, 2026, 7:09 am
The scheme offers capital financing at an interest rate of 4 percent per annum
The World Bank does not provide loans directly to individuals and does not ask for any personal financial information
It links lending power to banks’ NPLs
The information was disclosed by the Director General of the Anti-Corruption Commission (ACC) during its regular media briefing at the headquarters of the Commission
All staff from the five merged banks will join the new bank except those facing allegations, he says
It marks a cautious return of liquidity after a prolonged period of financial distress for the troubled banks
Six reasons for opposition to the proposed microfinance bank have been identified. These reasons are discussed in detail in this report
The process to allow depositors of these five banks to withdraw a maximum of Tk2,00,000 based on their requirements will commence shortly
With this latest purchase, the Bangladesh Bank’s total dollar acquisition in December has risen to $624.5 million
The Governor made the remarks while speaking as the chief guest at the ‘4th Economic Summit’ held at a city hotel on Saturday
The focus is on preserving jobs rather than the exact reduction in salaries
This conflict mainly centered on the appointment of Dr. Kamal Uddin Jasim, the additional managing director (AMD) of Islami Bank
The total loans in the banking sector stood at Tk18 lakh crore
The directive, issued under the Bank Company Act, 1991, will remain effective until the national election concludes in February next year
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
