Midland Bank Joins SME Refinance Scheme
Midland Bank PLC has signed a refinance participation agreement with Bangladesh Bank to implement two major financing initiatives aimed at …
Bangladesh Remittance Inflow Approaches Three Billion Dollars
Non-resident Bangladeshis employed across different international jurisdictions have transferred over 2.48 billion USD (precisely 2,483 million USD) in inward remittances …
Mixed Signals in FX Market
The foreign exchange market in Bangladesh on Wednesday exhibited a mixed but broadly stable tone, as trading activity reflected a …
Dollar Strength Nears Six-Week Peak
The US dollar has once again asserted its dominance in global financial markets, climbing to its strongest level in nearly …
Central Bank Warns Commercial Treasuries Against Forex Manipulation
The central bank of Bangladesh, the Bangladesh Bank (BB), has issued a formal directive to the treasury heads of all …
Bank Owners Urge Stringent Laws for Loan Recovery
The Bangladesh Association of Banks (BAB), representing the owners of the country’s private commercial banks, has formally requested the interim …
Southeast Bank Launches Ten New Agent Banking Outlets
Southeast Bank PLC has formally inaugurated 10 new agent banking outlets under its “Shagotom” brand to extend essential financial services …
Central Bank Cancels Saturday Holiday Before Festive Period
Bangladesh Bank, the central regulatory authority of the country, has officially rescinded the scheduled weekly holiday for all banking and …
Bangladesh Unveils Newly Designed Five Taka Banknotes
The Government of Bangladesh has officially introduced a newly designed series of five-taka paper currency notes into national circulation. This …
Bangladesh Central Bank Absorbs Excess Market Foreign Liquidity
The central bank of Bangladesh has expanded its systematic open-market interventions by purchasing an additional $85 million (£67.4 million) from …