State Banks: Profit for Sonali, Loss for Janata
State-owned commercial banks in Bangladesh, once regarded as key pillars of industrial financing, have undergone a significant shift in their …
Banking
Banking
Bank of America Appoints Hardegree Vice Chair
Bank of America (BofA) has appointed veteran investment banker Richard Hardegree as vice chair of mergers and acquisitions (M&A), according …
New Lifeline for Distressed Firms via Loan Regularisation
In a strategic move to stabilise the national economy, the Bangladesh Bank has introduced a comprehensive policy allowing distressed business …
Central Bank Unifies Remittance and Training Standards
In a decisive move to bolster the nation’s financial infrastructure, the Bangladesh Bank (BB) has unveiled a dual-pronged regulatory overhaul. …
Foreign Reserves Show Strong Recovery
Bangladesh’s foreign exchange reserves have begun to regain momentum, signalling renewed stability in the external sector, according to the Bangladesh …
Remittance-Driven FX Rates in Bangladesh
The global Bangladeshi diaspora, now numbering well over ten million people, plays a pivotal role in sustaining the national economy …
Abdul Qayyum Chowdhury Appointed AMD
Abdul Qayyum Chowdhury has joined SBAC Bank PLC as its Additional Managing Director (AMD). Prior to this appointment, he served …
Bank Asia Issues Tk 1,000 Crore Bond
Bank Asia, a private-sector commercial bank in Bangladesh, has decided to issue a Tk 1,000 crore environmentally friendly and sustainable …
Unified FX Rules for Transport Sector
The Bangladesh Bank has issued a consolidated circular introducing a unified framework for the management of foreign exchange in the …
Foreign Exchange Rates Show Daily Shifts
The foreign exchange market in Bangladesh continues to experience regular fluctuations in currency values, reflecting the broader dynamics of the …