Dhaka January 8, 2026, 5:23 am
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
A BFIU report triggers investigation into alleged financial irregularities
The “Bangladesh Development Update” report was published online on Tuesday
Young, moderately educated entry-level workers face the highest disruption risk
Final seal comes from advisory council soon
Analysts have noted that the incident has renewed concerns regarding the institution’s IT security management and public trust
This is ADB’s first sustainability-linked loan in the country
The AIIB will provide $50 million while the NDB will give $25 million
The adviser, however, expressed optimism that inflationary pressures will ease in the coming months. By June next year, we expect inflation to come down to around 7 percent
