World Bank Issues Red Alert Over Fraudulent Loan Syndicates
The World Bank has officially cautioned the public in Bangladesh against a burgeoning wave of financial scams perpetrated by sophisticated …
Remittances to Arrive Within Two Days, Says Bangladesh Bank
Bangladesh Bank has issued a directive to ensure that remittances sent by expatriates are credited to beneficiaries’ accounts promptly. Under …
Depositors to Receive Funds in Two Tranches
After years of uncertainty in Bangladesh’s non-bank financial institution (NBFI) sector, individual depositors are finally set to receive long-awaited relief. …
MTB Bank Announces Head of Credit Risk Vacancy
Mutual Trust Bank PLC (MTB), one of Bangladesh’s leading private commercial banks, has officially announced a vacancy for the position …
Bangladesh Bank Expands Home Loan Limits
Bangladesh Bank has revised its home loan policy to widen access to housing finance amid sustained rises in construction material …
Central Bank Mandates Gender-Specific Hygiene Facilities Nationwide
In a decisive move to overhaul the corporate environment of the financial sector, Bangladesh Bank has issued a mandatory directive …
Central Bank Procurement Reaches $3.55 Billion This Fiscal
The Bangladesh Bank has significantly bolstered its foreign currency reserves through a substantial acquisition of $223.50 million from 14 commercial …
BRAC-BFIU Initiative Strengthens Anti-Money Laundering Measures
In a concerted effort to bolster anti-money laundering (AML) and counter-terrorist financing (CFT) operations, BRAC Bank recently organised a specialised …
Depositor Anxiety Grows Amid Five Islamic Banks Scheme Uncertainty
Uncertainty surrounding a newly announced deposit protection scheme has emerged as a significant challenge for five Islamic banks currently undergoing …
Remittances Surge: $2.88 Billion Sent in Early January
Bangladesh has witnessed a significant rise in remittances from overseas workers, with inflows reaching $2.88 billion in the first three …