Soaring Non-Performing Loans Threaten Growth
Non-performing loans (NPLs), long regarded as a chronic weakness in the country’s banking system, have surged to alarming levels in …
Updates
Updates
Prime Bank FinTech Secures MFS Licence
Prime Bank FinTech Limited, a subsidiary of Prime Bank PLC, has received formal approval from the central bank to operate …
SM Abdul Hamid Appointed Independent Director
S.M. Abdul Hamid, a veteran banker and professional chartered accountant, has been appointed as an independent director of Islami Bank …
Governor Orders Swift Consolidation of Islamic Banks
Bangladesh Bank Governor Mostakur Rahman has reiterated the urgent need to complete the consolidation of the Consolidated Islamic Bank, formed …
Half of Bangladesh’s Youth Unemployed in a Decade: World Bank VP
The Vice President of the World Bank for South Asia, Johannes Jütt, has revealed that nearly half of Bangladesh’s working-age …
Bitcoin Emerges as Safe Haven Amid Middle East Turmoil
The escalation of US and Israeli military actions in Iran has triggered heightened volatility across international markets. Disruptions to oil …
Central Bank Reshuffles Islami Bank Board
In a significant governance move, Bangladesh Bank has removed Md Abdul Jalil from the board of Islami Bank Bangladesh and …
Central Bank Eases Export Documentation Rules
The central bank of Bangladesh has introduced a significant policy shift aimed at streamlining export procedures and enhancing competitiveness in …
EBL Backs Special Needs Education
Eastern Bank PLC (EBL) has entered into a strategic partnership with Proyash Institute of Special Education, aiming to enhance educational …
Bangladesh Expedites Merger of Five Banks
Bangladesh Bank Governor Mostaqueur Rahman has issued a decisive directive to accelerate the consolidation of five financially weak Shariah-compliant banks …