Remittances Surge 12%, Strengthening Forex Reserves and Exchange Rate Stability
Remittance inflows to Bangladesh saw a 12% year-on-year rise in September, helping ease pressure on the country’s foreign exchange (forex) …
Gold Prices Slip 1%, but Set for Third Consecutive Monthly Gain
Gold prices dropped by 1% on Friday, pressured by uncertainty surrounding further interest rate cuts by the US Federal Reserve. …
Best Hedge Against Dollar Debasement? Do Nothing!
Debasement—the deliberate reduction in the value of a currency relative to real goods and services to ease the burden of …
Remittance Inflow Rises by 7% in October
Expatriate Bangladeshis sent US$2.56 billion in remittances in October 2025, marking an increase of 7% compared to the same month …
AKIJ Resource Applies to Bangladesh Bank for Digital Bank License
On the final day for digital bank applications, AKIJ Resource Limited has submitted a proposal to Bangladesh Bank to establish …
Community Bank Bangladesh Hosts Annual AML-CFT Conference
Community Bank Bangladesh PLC held its Annual Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) Conference 2025 on Saturday, …
HSBC Innovation Banking Launches Singapore Hub with $1.5bn Fund
HSBC Innovation Banking officially launched its operations in Singapore on 29 October, marking a significant step in its global expansion. …
Gen AI Revolutionises Financial Advice, Risk, and Operations in Banking
Generative AI (Gen AI) technologies are rapidly reshaping the financial services industry, transforming areas such as distribution, financial advice, and …
Weak Profitability to Persist for Bangladeshi Banks in 2025, Says Analyst
Bangladeshi banks are set to face continued weak profitability into 2025, despite an anticipated slowdown in credit growth that may …
Bangladesh Bank Proposes Ministerial Rank for Governor
Bangladesh Bank has proposed granting its governor the full status and privileges of a cabinet minister, a move that would …