SIBL, FSIBL get add鈥檒 Tk 2,500cr liquidity
The Bangladesh Bank has approved an additional Tk 2,500 crore in liquidity support for the crisis-hit Social Islami Bank and First Security Islami Bank to manage the Eid-ul-Fitr withdrawal pressure...
Banking
Bangladesh Bank dissolves boards of 3 more private banks
The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...
BB relaxes exit policy for loan defaulters
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...
Release of fresh banknotes suspended
The Bangladesh Bank has decided not to release fresh banknotes ahead of Eid-ul-Fitr, a festival when people traditionally gift new currency notes to near and dear ones as part of the celebrations...
Economist Anisuzzaman appointed special assistant
The interim government chief adviser, Professor Muhammad Yunus, on Monday appointed economist Anisuzzaman Chowdhury as special assistant to assist the finance adviser...
Savers face persistent negative returns on deposits
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 11 consecutive months, depriving depositors of significant returns on their savings.
Anwar Hussain SBAC Bank vice-chairman
Anwar Hussain, an industrialist and businessman, has been elected as the vice-chairman of the board of directors of SBAC Bank PLC.
BRAC Bank to provide banking solutions to Ispahani
BRAC Bank has signed a strategic partnership with Ispahani Group to provide exclusive banking solutions to accelerate the business growth of this leading corporate conglomerate in Bangladesh.
IFIC Bank Celebrates International Women鈥檚 Day 2025
IFIC Bank PLC celebrated International Women鈥檚 Day 2025 with a special event held at IFIC Tower on Thursday, reinforcing its commitment to fostering an inclusive and merit-based workplace.
Meghna Bank opens agent banking outlet in Chattogram
Meghna Bank PLC has recently inaugurated a new agent banking outlet in Abedin Colony, Love Lane, Chattogram.
Remittances through agent banking rises to Tk 1,73,390cr
Disbursement amount of inward remittances through agent banking rose 21.16 per cent to Tk聽1,73,390.72 crore at the end of December 2024.
EBL files Tk 200cr defamation suit against client
Eastern Bank PLC has filed a defamation lawsuit against its client Md Murtoza Ali, seeking Tk 200 crore in compensation.
City Bank inks deal with IDCOL for digital cash management solution
City Bank and Infrastructure Development Company Limited have recently signed an agreement at the latter鈥檚 head office in Dhaka, said a press release.
Banks in Bangladesh face Tk 1 lakh cr provision shortfall
The banking sector鈥檚 provision shortfall crossed Tk 1 lakh crore for the first time in December 2024, marking a staggering 337 per cent growth in just six months due to increased distressed assets in banks, especially in private commercial ones...
Prime Bank launches Sadaqah Jariyah account
Prime Bank PLC has launched 鈥楽adaqah Jariyah鈥� account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...