Dollar holdings by banks increase
The dollar holdings of Bangladesh鈥檚 commercial banks rose notably in May 2025, backed by increase in remittance inflows and export earnings, according to the latest data from Bangladesh Bank.
Tags : AL ban
BB halts plan to scrap 14-day repo facility
The Bangladesh Bank has backtracked on its earlier decision to discontinue the 14-day repo facility 鈥� a key tool for borrowing from the central bank 鈥� following significant disruption on the financial market caused by acute liquidity shortages, central bank officials said...
10 banks hold over Tk 3 lakh crore in NPLs
Ten commercial banks collectively had over Tk 3 lakh crore in defaulted loans as of March 2025, accounting for nearly 71.4 per cent of the total Tk 4.2 lakh crore non-performing loans in the country鈥檚 banking sector...
UCB launches microservices-based open API banking platform
United Commercial Bank PLC has ushered in a transformative chapter in the country鈥檚 banking sector, says a press release.
Deposits in 10 banks surge by Tk 32,000cr in 3 months
Deposits in 10 well-performing private commercial banks surged by Tk 32,000 crore in the three months ending in March 2025, as depositors moved their funds away from financially weak institutions amid growing fears of collapse, persistent fund shortages, and distrust in bank management...
MFS used for money laundering, bribery: TIB
The use of the Mobile Financial Services is increasing for money laundering, bribery, online gambling, cryptocurrency transactions and even terror financing and other illegal purposes, a Transparency International Bangladesh study has suggested...
National Bank鈥檚 Gazipur branch relocated
The relocated Gazipur Branch of National Bank was inaugurated at a new address on Saturday, said a press release...
Sukuk bond鈥檚 auction held at central bank
The auction for the 6th government investment Sukuk (Islamic bond) of Bangladesh was held at the Debt Management Department of Bangladesh Bank鈥檚 Head Office on Monday...
Dhaka Bank digital deposits cross Tk 1,000cr
Dhaka Bank PLC has announced that it surpassed milestone of Tk 1,000 crore in customer deposits through digital banking platforms, said a press release...
ACC sues Saad Musa Group owner, ex-NBL MD, nine directors
The Anti-Corruption Commission on Thursday filed a case against 16 people, including Saad Musa Group proprietor Mohammad Mohsin and former National Bank Limited managing director Chowdhury Moshtaq Ahmed, on charges of embezzling Tk聽404 crore from the government-declared Covid stimulus package and laundering the fund...
Astha app serving 9 lakh customers
BRAC Bank鈥檚 digital banking app, Astha, now serves more than 9 lakh customers, said a press release...
India expresses concern over Bangladesh鈥檚 ban on AL activities
India on Tuesday expressed concerns over the ban imposed by the interim government on the activities of Bangladesh Awami League.
New audit ordinance cuts CAG鈥檚 independence: TIB
The Transparency International Bangladesh on Thursday urged the interim government to amend immediately the Public Accounts Audit Ordinance, 2025, saying that the ordinance has curtained the constitutional authority of the Comptroller and Auditor General and would pave the way for corruption and tax evasion...
SCB sets new standard in digital banking
Standard Chartered Bangladesh has surpassed 100 successful Host-to-Host and API integrations for corporate and institutional clients, setting a new benchmark in the country鈥檚 digital banking journey...
Rotary International strengthens welfare activities for destitute
Rotary International Bangladesh country deputy coordinator and former governor of Rotary AKM Shamsul Huda at a programme in Dhaka on Sunday emphasised the continued commitment of Rotary to support destitute communities in Bangladesh and around the world.
Rotary International strengthens welfare activities for destitute
Rotary International Bangladesh country deputy coordinator and former governor of Rotary AKM Shamsul Huda at a programme in Dhaka on Sunday emphasised the continued commitment of Rotary to support destitute communities in Bangladesh and around the world.
Banks urged to cut bad loans
Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country鈥檚 economy vibrant...
Stronger CAG role in Public Audit Bill urged
The Transparency International Bangladesh has made a specific recommendation before the interim government to incorporate the provision for ensuring priority of the CAG office and its effectiveness alongside auditing for determining revenues and...
Russian central bank holds key rate at 20-yr high
Russia鈥檚 central bank kept its key rate at 21 per cent on Friday, locking in two-decade-high borrowing costs as it battles rampant inflation.
Women鈥檚 security demanded as rape protests on
The Transparency International Bangladesh on Sunday placed an 11-point charter of demands, including ensuring security for women in all educational institutions and workplaces, to prevent violence against women.
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...
National Bank cardholders, staff to get corporate service at Asgar Ali Hospital
A memorandum of understanding was signed between National Bank Limited and Asgar Ali Hospital on Monday at the hospital鈥檚 conference room...
Uncovering, recovering default loans should go together
This is welcome that the central bank has adopted international loan classification standards and changed classification policies to get the actual picture of default loans. But a lack of measures to recover defaulted loans is worrying. The central bank has reduced the timeframe to classify loans as defaulted from the previous 270 days to 180 days. Since the adoption...
Overhaul needed to break procurement monopoly
THE findings of a Transparency International Bangladesh study are worrying in that the top 5 per cent of the contractors working with the top 10 ministries could secure 61.31 per cent of the total contract value given out on electronic procurement system in 12 years since 2012. The bottom 10 per cent of the contractors could, however, secure less than 1 per cent of the...
5pc contractors get 61.31pc e-procurement聽 contract value: survey
A Transparency International Bangladesh study has found that the top 5 per cent of contractors working under the top 10 ministries secured 61.31 per cent of the total contract value awarded through the e-government procurement system over the past 12 years.
ECB rate hikes result in 7.9b-euro loss in 2024
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation...
BHADRALOK TO SUSHEEL: Language, identity and hegemony in post-colonial Bangladesh
IN MY small town, Bheramara, Ekushey February was a ritual. Barefoot we roamed, demanding the same of every passerby 鈥� a shedding of shoes, a mark of respect. Bangla, bhasha shaheed 鈥� these weren鈥檛 just words, they were close to the heart, a pulse. And how could they not be? Bangladesh, a nation birthed from language, its very being woven into the...
TIB raises question over move to appoint graft accused in ACC
Terming the government鈥檚 attempt to appoint an officer accused of graft in the ACC unacceptable, the Transparency International Bangladesh on Wednesday raised a question whether efforts were being made to make it ineffective from within the government...
Bangladeshi culture celebrated in Athens
Doel Academy, a cultural organisation founded by Bangladeshi expatriates in Greece, performed traditional Bangladeshi songs and dances at the 13th Folklore Festival in Greece on Monday...
Corruption increased in last year of AL regime
Transparency International in its Corruption Perception Index 2024 indicated that corruption was increasing in Bangladesh as the country slipped two steps in its global Corruption Perception Index to 151, jointly with Congo and Iran.
