Dual Bonus Policy Sparks Widespread Discontent Across Banking Sector
The introduction of separate incentive bonus policies for state-owned and private commercial banks has ignited renewed controversy and unease across …
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Updates
UCB Clarifies Unrestricted Communication With Market Regulator
United Commercial Bank (UCB) has issued a detailed clarification to dispel any potential misunderstanding arising from a recent media report, …
Bangladesh Bank Simplifies Capital Goods Import Procedures
The Bangladesh Bank has taken a significant step to facilitate the import of capital goods for the industrial sector, aiming …
Prime Bank Unveils Exclusive Benefits on BYD Auto Loans
Bangladesh’s accelerating shift towards electric mobility has taken another promising step forward as Prime Bank PLC announces an enhanced suite …
Profitless Banks Barred From Awarding Staff Incentive Bonuses
The Bangladesh Bank has introduced stringent restrictions on the payment of incentive bonuses by private banks, marking a decisive move …
Bangladesh Bank Buys $202m to Boost Forex Reserves
In a strategic move to support exporters, remitters, and overall economic stability, the Bangladesh Bank (BB) has purchased an additional …
Banks Must Meet Real Profits Before Awarding Staff Incentives
The Bangladesh Bank has imposed stricter regulations on private banks regarding the disbursement of staff incentive bonuses, signalling a decisive …
HC dismisses challenge to merger of five Islamic banks
The High Court yesterday dismissed a writ petition challenging the government’s decision to consolidate five financially struggling private Islamic banks …
Visible Reforms Strengthen Financial Sector
Bangladesh Bank Governor Dr Ahsan H Mansur on Monday stated that the country’s financial sector is showing visible progress despite …
Regulators Push Banks to Cut Soaring Default Loans
The central bank has taken a firm stance to reduce the sharp rise in loan defaults across the country’s banking …