Central Bank Doubles Credit Card Borrowing Limits
Bangladesh Bank has nearly doubled the borrowing limits for credit card holders, setting the maximum allowable limit at BDT 4,000,000. …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
Soaring Non-Performing Loans Threaten Growth
Non-performing loans (NPLs), long regarded as a chronic weakness in the country’s banking system, have surged to alarming levels in …
Prime Bank FinTech Secures MFS Licence
Prime Bank FinTech Limited, a subsidiary of Prime Bank PLC, has received formal approval from the central bank to operate …
Central Bank Reshuffles Islami Bank Board
In a significant governance move, Bangladesh Bank has removed Md Abdul Jalil from the board of Islami Bank Bangladesh and …
Central Bank Eases Export Documentation Rules
The central bank of Bangladesh has introduced a significant policy shift aimed at streamlining export procedures and enhancing competitiveness in …
EBL Backs Special Needs Education
Eastern Bank PLC (EBL) has entered into a strategic partnership with Proyash Institute of Special Education, aiming to enhance educational …
First Chairman Resigns from Combined Islami Bank
Mohammad Ayub Mia, the inaugural chairman of the state-owned Combined Islami Bank, tendered his resignation on Monday, 16 March. He …
Banks to Operate Limited Services During Eid
In a move aimed at sustaining essential economic activity during the extended public holiday for Eid-ul-Fitr, the Bangladesh Bank has …
City Bank Embraces Swift Framework for Faster Global Payments
City Bank has announced its commitment to implement Swift’s latest framework, aimed at enhancing the efficiency, transparency, and speed of …
Bangladesh Bank Eases Foreign Loan Guarantee Rules
Commercial banks in Bangladesh will no longer require prior approval from the central bank to accept guarantees from foreign banks …