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 …
Updates
Updates
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 …
Sudden Exit at Community Bank
The acting Managing Director of Community Bank, Kimia Sadat, has resigned unexpectedly, creating fresh uncertainty at the top of the …
IMF and World Bank Funding Talks
Concerns are mounting within Bangladesh’s economic policy circles as discussions emerge over the possibility of securing nearly US$2 billion in …
Remittance Inflows Show Strong Momentum
The inflow of remittances into the country has recorded a notable upturn in the first four days of May, signalling …
Sonali Bank Posts Record Profit 2025
Sonali Bank, the largest state-owned commercial bank in Bangladesh, recorded a historic net profit of Tk1,313 crore in 2025, representing …
Janata Bank Posts Heavy Loss
State-owned Janata Bank has reported a significant financial loss of Tk3,931 crore in 2025, reflecting a 28 per cent rise …