Cash outside banks surges in May
Cash held outside the banking system in Bangladesh rose significantly in May, driven by Eid-related spending and deepening distrust in banks...
Tags : banking system
Banking system must be able to head off political interference
THE statement of the Bangladesh Bank governor that no efforts for reforms in the banking sector will be effective unless political interference is completely eliminated entails a couple of points to ponder. Although the statement is something that many experts have repeatedly made, still the statement coming from the governor once again, especially in the changed...
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.
Cash outside banks drops further in Feb
Cash held outside the banking system in Bangladesh continued to decline in February, signalling a gradual shift in depositor sentiment after years of distrust driven by scandals, instability and corruption...
E-returns to be joined with banking system
National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...
Moody鈥檚 downgrades Bangladesh banking outlook to negative
Moody鈥檚 Ratings has downgraded the outlook for Bangladesh鈥檚 banking system from stable to negative, citing rising asset risks, weakening economic growth, and high inflationary pressures...
NBL upgrades its CBS to Temenos Release 22
National Bank Limited has recently completed migration to a upgraded core banking system called Temenos Release 22, said聽 a press release...
Strategic reform for resilient banking sector
BANGLADESH stands at a critical crossroads, grappling with formidable economic challenges. Soaring inflation, depleting foreign reserves and sluggish growth have eroded public confidence. Years of mismanagement and unchecked corruption in the banking sector have deepened the crisis. However, with the appointment of Dr Ahsan H Mansur as governor...
Cash outside banks surges in July
Cash held outside the country鈥檚 banking system surged in July, driven by depositors鈥� decreased confidence and inflationary pressures...
Govt borrows Tk聽94,281cr from banks in FY24
The government borrowed Tk 94,281 crore from the country鈥檚 banking system in the financial year 2023-24 while its revised target for the borrowing for the period was Tk聽1,55,935 crore...