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Tags : bank


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World Bank approves $250 million loan to Bangladesh

The World Bank said on Saturday it approved $250 million loan to the government while more in pipeline from other lenders, laying importance mostly on transparency, accountability and public service delivery.

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Loan release for leather sector falls short of target

The Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for procuring rawhide during Eid-ul-Azha has fallen significantly short, with only Tk 125 crore disbursed to businesses, according to industry insiders...

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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...

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RMG export earnings over $6b in Q3

The net exports of the readymade garment items stood at $6.09 billion in the January-March quarter or third quarter of the current financial year 2024-25, according to the Bangladesh Bank...

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Bank accounts with over Tk 1cr decline

The number of bank accounts holding deposits of over Tk 1 crore declined by 719 in March due to poor business environment in the country...

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World Bank cuts growth forecast on trade tumult

The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US president Donald Trump’s wide-ranging tariffs strained ties and weighed on economic outlooks...

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Govt commercialises power sector on WB, ADB prescriptions: CAB

The interim government appears to continue commercialising the country’s power and energy sector on the prescriptions of the World Bank and the Asian Development Bank, following the footsteps of successive governments, alleged the Consumers Association of Bangladesh on Wednesday...

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Current account deficit reduced in July-Apr

Bangladesh’s current account deficit shrank sharply in the first ten months of the 2024–25 fiscal year, driven largely by a surge in remittance inflows, according to the latest data released by Bangladesh Bank...

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Rush at banks on last working day

Banking transactions across both public and private banks concluded in a busy atmosphere on Wednesday, the last working day before the Eid-ul-Azha holidays, with customers crowding branches to withdraw cash...

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AIB concludes foundation training course MTOs

Al-Arafah Islami Bank on Wednesday held the closing ceremony of its month-long foundation training course titled ‘Overall Bank Management’ as part of its one-year development programme for management trainee officers, said a press release...

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City Bank, CEAB host Chinese investors

City Bank PLC, in collaboration with Chinese Enterprises Association in Bangladesh, recently hosted a high-level business networking event for a visiting business delegation comprising of over 100 Chinese investors and businessmen, said a press release...

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Riba, money and interest paradox

THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...

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PBPLC signs deal with ACI, Shawpno

Pubali Bank PLC has recently signed an agreement with Advanced Chemical Industries PLC and ACI Logistics Limited (Shwapno) for facilitating the bank’s digital banking platform, said a press release...

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Legal flaws, decentralisation fuel banking scams: Saddat

Centralised operations, diversified revenue models, and disciplined governance are vital for the recovery of Bangladesh’s banking sector, said Kimiwa Saddat, Managing Director (current charge) of Community Bank Bangladesh PLC...

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City Bank, CEAB hold Chinese Investors’ Night

City Bank PLC, in collaboration with Chinese Enterprises Association in Bangladesh recently hosted a high-level business networking event in honour of the visiting business delegation comprising over 100 Chinese investors and businessmen, says a press release.

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Sonali Bank to receive BKMEA fees

Sonali Bank PLC signed an agreement with Bangladesh Knitwear Manufacturers and Exporters Association to collect charges-fess from various services through the Sonali Payment Gateway.