Social Islami Bank Reports Record Loss of Tk 1,704 Crore in Nine Months
In the first nine months of the 2025 fiscal year (January-September), Social Islami Bank PLC has incurred a record loss …
Banking
Banking
NCC Bank Launches Visa Multicurrency Business Debit Card
NCC Bank has unveiled its new Visa Business Multicurrency Debit Card, a financial tool designed to offer small and medium-sized …
Pubali Bank Unveils Co-Branded Credit Card with Chittagong Medical College and Hospital
Pubali Bank PLC has launched a co-branded credit card in partnership with Chittagong Medical College (CMC) and Chittagong Medical College …
China-US Tensions Ease, But Tech Disruptions Pose Growing Threat, Say Financial Leaders
At the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday, experts expressed cautious optimism about the evolving dynamics …
Stock Market Sees Uptick in Weekly Trading After Two Months
After two months of sluggish activity, the country’s primary stock market, the Dhaka Stock Exchange (DSE), has shown some positive …
LC Openings Rise, But Private Sector Loan Growth Stalls
In another positive development for the country’s economy, the opening of Letters of Credit (LCs) for imports has increased, signalling …
Twelve Companies Apply for Digital Banking Licences in Bangladesh
A total of 12 companies, both local and international, have submitted applications to Bangladesh Bank for the establishment of digital …
State-Owned Banks Use ‘Deferral’ to Conceal Losses, Show False Profits
State-owned banks in Bangladesh have been using a special facility known as “deferral” to hide financial losses and present paper …
IMF Asks for Clarification on Bank Mergers Amid Financial Reforms
The International Monetary Fund (IMF) has sought detailed information about the merger of five struggling banks in Bangladesh, initiated by …
National Budget for FY 2025-26 Approved, Provision for Money Laundering Removed
The Council of Advisers has approved the national budget for the fiscal year 2025-26, but with a significant change: the …