Exchange Rates Show Minor Drop Today
On Monday, the second business day of the week, the currency market saw trading with a slight fall in the …
Central bank stresses restructuring to ease loan crisis
After the fall of the Sheikh Hasina-led government brought to light the long-concealed scale of non-performing loans (NPLs), the central …
Banks Rush to Recover Defaulted Loans with Nearly 15,000 Cases in Three Months
The long-standing practice of hiding defaulted loans under policy support has been discontinued following the change in government. With the …
Rise in Millionaire Depositors Sets New Benchmark
Bangladesh’s banking sector has recorded a continued rise in the number of accounts holding deposits of Tk 10 million or …
Depositors Left Distressed as Islamic Banks Fail to Release Funds
A year after political change, financial transactions in the banking sector have still not returned to normal. Many customers remain …
Islami Bank Opens Stall at 12th National SME Fair to Provide Services for Entrepreneurs
Islami Bank Bangladesh PLC has inaugurated a stall at the 12th National Small and Medium Enterprises (SME) Fair as part …
Modhumoti Bank Provides Electric Cart to Dhaka Central Jail under CSR Programme
Modhumoti Bank PLC donated a 12-seater electric cart to Dhaka Central Jail on Thursday as part of its corporate social …
Limited Refunds for Customers of Five Merged Islamic Banks
Under the supervision of Bangladesh Bank, depositors of five troubled Islamic banks will be able to reclaim their funds. The …
ICB Recommends Potential Six-Year Extension for Beximco Sukuk
A working committee formed under the instructions of Bangladesh Bank has recommended a six-year extension of Beximco Ltd’s Shariah-compliant green …
EXIM Bank Holds Special Meeting on Investment Recovery Initiatives
On Saturday, a special meeting was held at the head office of EXIM Bank with representatives from ten key branches …