Bangladesh Currency Rates Update
The role of foreign exchange in Bangladesh’s economy continues to expand significantly as more than ten million Bangladeshi expatriates live …
Government Finances State Spending Through Heavy Bank Borrowing
The government is increasingly funding its operational expenditures through significant domestic bank borrowing. This fiscal strategy is driven by a …
Bangladesh Foreign Exchange Reserves Rise To $34.82 Billion
Bangladesh’s foreign exchange reserves have increased further, with the country’s gross reserves reaching US$34.82 billion, according to the latest data …
Central Bank Boosts Refinancing for Marginal Farmers
The Bangladesh Bank has strengthened credit access for marginal and landless farmers under a priority mechanism introduced within its agricultural …
BASIC Bank Requests Low-Cost Government Deposits
State-owned BASIC Bank has formally requested government approval to open and operate bank accounts for state and donor-funded development projects. …
Defaulted Loans Rise Significantly In Bangladesh Banking Sector
The volume of non-performing loans (NPLs) within the banking sector of Bangladesh expanded by an additional 31,487 crore taka during …
Bangladesh Regulator Questions Legitimacy Of Bank Agitators
The central bank of Bangladesh has expressed profound institutional skepticism regarding the true identities and underlying motivations of individuals demonstrating …
Foreign Exchange Market Shows Steady Shifts
The foreign exchange market in Bangladesh continues to experience daily fluctuations, reflecting broader changes in the global economy, the expansion …
Board Accepts MD Resignation
The Board of Directors of Islami Bank Bangladesh Limited convened an emergency meeting late on Monday night and formally accepted …
Islami Bank Board Meeting Conducted Virtually After Disruptions
A highly anticipated board meeting of Islami Bank Bangladesh PLC, which stalled during the daytime on Monday due to disruptive …