HC dismisses challenge to merger of five Islamic banks
The High Court yesterday dismissed a writ petition challenging the government’s decision to consolidate five financially struggling private Islamic banks …
Visible Reforms Strengthen Financial Sector
Bangladesh Bank Governor Dr Ahsan H Mansur on Monday stated that the country’s financial sector is showing visible progress despite …
Regulators Push Banks to Cut Soaring Default Loans
The central bank has taken a firm stance to reduce the sharp rise in loan defaults across the country’s banking …
Exchange Rates Show Minor Drop Today
The week began with a measured calm across Bangladesh’s currency market as the US dollar experienced a marginal decline on …
Central bank stresses restructuring to ease loan crisis
After the fall of the Sheikh Hasina-led government brought to light the long-concealed scale of non-performing loans (NPLs), the central …
Rise in Millionaire Depositors Sets New Benchmark
Bangladesh’s banking sector has recorded a continued rise in the number of accounts holding deposits of Tk 10 million or …
Depositors Left Distressed as Islamic Banks Fail to Release Funds
A year after political change, financial transactions in the banking sector have still not returned to normal. Many customers remain …
Islami Bank Opens Stall at 12th National SME Fair to Provide Services for Entrepreneurs
Islami Bank Bangladesh PLC has unveiled a dedicated stall at the 12th National Small and Medium Enterprises (SME) Fair, reinforcing …
Modhumoti Bank Provides Electric Cart to Dhaka Central Jail under CSR Programme
Modhumoti Bank PLC has continued its commitment to social welfare by donating a 12-seater electric cart to Dhaka Central Jail …
Limited Refunds for Customers of Five Merged Islamic Banks
Under the supervision of Bangladesh Bank, depositors of five troubled Islamic banks will be able to reclaim their funds. The …