Private Sector Strained by Government’s Excessive Bank Borrowing
The private sector is facing significant constraints due to the government’s heavy reliance on banks to cover revenue shortfalls. As …
What the World Bank Says About Bangladesh’s Industrialization
Employment and industrial growth in Bangladesh are increasingly concentrated around the capital Dhaka and the port city Chattogram. Recently, Rangpur …
Over Half of Banks in Bangladesh Lack AI Policies for Cybersecurity
A recent study on the use of artificial intelligence (AI) in Bangladesh’s banking sector has revealed that 60 percent of …
Donations Over 50,000 Taka Must Be Made Through Banks
Any donation, contribution, or financial support of 50,000 Taka or more to a political party must be made through formal …
A New Milestone in Carbon Accounting for the Banking Sector
United Commercial Bank PLC (UCB) has become the first bank in Bangladesh to publish its “Sustainability Report 2024”, officially disclosing …
How Much Money in a Bank Triggers Excise Duty?
If you have a large amount of money in your bank account, the government may deduct excise duty. Previously, excise …
Name Finalized for Merged Banks: “Sammilito Islami Bank”
The government has taken the initiative to merge five private-sector Islamic banks into a single entity. The new bank has …
BNP Commits to Ensuring Bangladesh Bank’s Independence: Amir Khosru
BNP Standing Committee Member Amir Khosru Mahmud Chowdhury has reaffirmed his party’s commitment to ensuring the independence of the Bangladesh …
Bangladesh Bank Issues Cybersecurity Alert over Possible Major Attack
Bangladesh Bank has issued a cybersecurity alert warning of a possible major attack targeting banks, financial institutions, and digital payment …
Weak Banks Will Not Be Merged All at Once: Bangladesh Bank Governor
Dhaka, 27 May 2025 – Following the recent mass student and public uprising, several media outlets reported on the freezing …