Twelve Companies Apply for Digital Banking Licences in Bangladesh
A total of 12 companies, both local and international, have submitted applications to Bangladesh Bank for the establishment of digital …
State-Owned Banks Use ‘Deferral’ to Conceal Losses, Show False Profits
State-owned banks in Bangladesh have been using a special facility known as “deferral” to hide financial losses and present paper …
IMF Asks for Clarification on Bank Mergers Amid Financial Reforms
The International Monetary Fund (IMF) has sought detailed information about the merger of five struggling banks in Bangladesh, initiated by …
National Budget for FY 2025-26 Approved, Provision for Money Laundering Removed
The Council of Advisers has approved the national budget for the fiscal year 2025-26, but with a significant change: the …
BRAC Bank Official Attacked in Sunamganj; Vault Keys Stolen, Operations Temporarily Suspended
Operations at the Sunamganj branch of BRAC Bank PLC were suspended for nearly three hours on Monday after a senior …
New Shariah Bank in the Works: What Does the Merger of Five Islamic Banks Mean?
The interim government has approved the formation of Sammilito Islami Bank PLC, a new Shariah-compliant bank created by merging five …
Bangladesh Bank’s Autonomy Is Key to Economic Stability
An independent central bank is crucial for ensuring economic stability and maintaining public trust, as it allows the institution to …
Bangkok Bank Reports 9.9% Profit Growth in First Nine Months of 2025
Bangkok Bank posted a 9.9% year-on-year increase in net profit, reaching approximately $1.18 billion (THB38.25 billion) for the first nine …
ShaComm Bank and HashKey Partner on Digital Asset Credit Card
Shanghai Commercial Bank (ShaComm Bank) has joined forces with HashKey Exchange, a Hong Kong-licensed digital asset platform, to integrate traditional …
Hang Seng Bank Introduces “Money Safe” Account
Hang Seng Bank has launched a new security feature, “Money Safe”, designed to protect depositors from fraud and scams, under …