Process Initiated to Merge Five Weak Islamic Banks; Administrators Appointed
Bangladesh Bank has officially begun the process to merge five weak Shariah-based banks into a single large Islamic bank. The …
Banking
Banking
Deposit Holders of Five Islamic Banks to Receive Money This Month, Governor Announces
Bangladesh Bank Governor Ahsan H Mansur has announced that depositors of five merging Islamic banks will be able to withdraw …
NRB Commercial Bank Publishes First Sustainability Report Emphasising Green Finance
NRB Commercial Bank has released its inaugural Sustainability Report for 2024, highlighting its commitment to sustainable development, social responsibility, and …
NRB Commercial Bank Publishes First Sustainability Report Emphasising Green Finance
NRB Commercial Bank has released its inaugural Sustainability Report for 2024, highlighting its commitment to sustainable development, social responsibility, and …
Bangladesh Bank to Issue Tk 2,500 Crore Sukuk for Rural Infrastructure Development
Bangladesh Bank is set to issue its seventh investment Sukuk, worth Tk 2,500 crore, in December to finance the Important …
Bangladesh Central Bank Dissolves Boards of Five Shariah Banks Ahead of Merger
Bangladesh Bank has dissolved the boards of five Shariah-compliant banks as part of a significant restructuring plan to merge them …
Dhaka Bank Partners with Sparkle Knit Composite for Payroll Banking Services
Dhaka Bank PLC has entered into a strategic payroll banking partnership with Sparkle Knit Composite Limited, offering the company’s employees …
SIBL Reports Record Loss of Over Tk 1,704 Crore in Nine Months
Social Islami Bank PLC (SIBL) has reported a staggering net loss of over Tk 1,704 crore for the first nine …
Legal Obstacles Hinder Asset Recovery Efforts in Bangladesh
The interim government’s high-profile initiative to recover stolen assets following the 2021 uprising may not achieve its goals before its …
Administrators Take Charge as Bangladesh Moves Towards Consolidating Five Islamic Banks
The long-awaited consolidation of five struggling Shariah-compliant banks into a single, large Islamic bank has taken a significant step forward. …