Country鈥檚 eminent figure and former lead economist of the World Bank Dhaka office, Zahid Hussain has urged the authorities concerned to take steps for preventing foul plays in the capital market to restore confidence of the general investors...
Dhaka Bank PLC and the Institute of Cost and Management Accountants of Bangladesh on Tuesday launched a co-branded Vertical Mastercard credit card for ICMAB members, said a press release...
THE recent decision to provide dearness allowance for government employees has sparked debates among economists, politicians and policymakers. Many arguments seem disconnected from reality and fail to consider the broader socio-economic context. Critics have presented views that do not always align with the financial struggles faced by most government employees...
The Bangladesh Bank has filed a case with Motijheel Police Station against Nagad Limited, alleging that the company was involved in financial irregularities...
The Anti-Corruption Commission has requested Bangladesh Bank governor Ahsan H Mansur to temporarily freeze all safe deposit lockers belonging to the central bank鈥檚 officials.
The opening of letters of credit for imports surged to $6.92 billion in December, marking a 30-month high as businesses ramped up Ramadan-centric imports...
Meghna Bank and Threadwel have recently partnered to digitally transform Bangladesh鈥檚 ready-made garments sector, said a press release...
The Palestinian health ministry said one person was killed by Israeli soldiers in the West Bank on Sunday, a day after a deadly series of air strikes in the occupied territory...
A task force on economic reforms in a report has suggested strengthening loan approval processes, depoliticising bank boards, upholding the Bangladesh Bank鈥檚 independence and introducing legal reforms for addressing...
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
Social welfare affairs adviser Sharmeen Soneya Murshid on Sunday called upon all concerned to implement microfinance programmes under one umbrella...
BRAC Bank has partnered with Bangladesh Parjatan Corporation to introduce seamless payment solutions for local and international tourists, said a press release...
Bank Asia has introduced Hajj Deposit Scheme to fulfill the lifelong cherished dream of performing hajj as it is difficult for people with low or limited income to arrange the large sum of money for Hajj tour...
THE sorry state of the banking sector, which is crippled by alarmingly high non-performing loans and lingering governance crises, falls largely, if not squarely, on the Bangladesh Bank, which significantly lost its autonomy and suffered debilitating political interference during the authoritarian Awami League regime. A recent report prepared by an 11-member...
Economists in a latest task force report have blamed poor leadership and the Financial Institutions Division for the erosion of the Bangladesh Bank鈥檚 autonomy.
The legal framework for handling non-performing loans (NPLs) in Bangladesh has become dysfunctional, allowing wilful defaulters to exploit loopholes and delay repayment, according to a report by the task force on economic reforms...
Southeast Bank PLC will provide innovative financial services to Academia and its students and parents, said a press release.
The Bangladesh Bank has decided to provide various policy supports to sick business firms which are under the burden of huge default loans, to revive such business again...
The Centre for Policy Dialogue on Wednesday suggested closing down the private commercial banks which are now under life support and the finance ministry鈥檚 Financial Institutions Division for the division鈥檚 鈥榙ubious鈥� role in the financial sector...
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
Bangladesh Bank governor Ahsan H Mansur has claimed that Binimoy, the mobile financial services interoperability platform, was a shell company linked to Sajeeb Wazed Joy, son of ousted prime minister Sheikh Hasina...
Al-Arafah Islami Bank PLC on Wednesday received the Payment Card Industry Data Security Standard (PCI DSS) Certification, said a press release...
Mercantile Bank PLC on Tuesday signed agreements with six lifestyle and restaurant brands, said a press release...
TWO decisions on the Credit Information Bureau database of the central bank during the Awami League government, toppled in a mass uprising on August 5, 2024, keep menacing the database management more than five months and a half after the interim government鈥檚 installation on August 8 that year. The Bangladesh Bank imposed restrictions before the...
Key stakeholders from government, private sector and financial institutions on Wednesday convened at a high-level roundtable hosted by Standard Chartered Bank to address challenges and opportunities in accelerating renewable energy adoption in Bangladesh.
A two-member probe body was formed on Tuesday to look into the robbery attempt by digging a tunnel at a Sonali Bank branch in Lalmonirhat.
The Anti-Corruption Commission has filed a case against 52 people, including Ahsanul Alam, former Islami Bank chairman and son of S Alam, on charges of embezzling Tk 918 crore from Islami Bank Bangladesh Limited.
Officials of the Credit Information Bureau at Bangladesh Bank have been denied access to the CIB database for over a year and a half, allegedly to conceal borrowers鈥� default loan statuses.
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that depositors of weak banks will soon get their deposits back...
Prime Bank PLC has recently signed an agreement with Assure Group, a leading conglomerate in Bangladesh, at the bank鈥檚 corporate office on Tuesday...