Customers of Five Merged Banks Can Begin Withdrawing Deposits from Today
Customers of five recently merged banks will be able to withdraw their deposits starting today, the Bangladesh Bank has announced. …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
Economic Boost as Remittances Hit Three Billion Dollars
The final month of the year has seen a transformative surge in the fortunes of the Bangladeshi economy, with inward …
Efforts to Rescue a Broken Banking Sector as Investment Remains Stagnant
The past year has been a period of intense pressure, reform, and reconstruction for Bangladesh’s economy. A combination of global …
Fixed Deposits to Convert into New Bank Equity
In a decisive move to stabilise the nation’s Shariah-based financial sector, the Central Bank of Bangladesh has ratified the definitive …
December Remittance Influx Nears All-Time Record High
In a year defined by profound political and social change, the Bangladeshi diaspora has responded with a monumental show of …
Bangladesh Economy Faces Deepening Crisis Amid Banking Collapse
The Bangladeshi economy currently finds itself at a precarious crossroads, ensnared in a profound crisis defined by soaring inflation, stagnant …
Central Bank Secures $115 Million in Market Intervention
Bangladesh Bank has further strengthened its foreign currency holdings by purchasing $115 million from three commercial lenders through a competitive …
Lending Volumes Plummet as Banking Client Base Expands
A striking anomaly has surfaced within the Bangladeshi financial sector, as the total volume of consumer debt experienced a dramatic …
Special Announcement for Customers of Five Banks
Bangladesh Bank has delivered reassuring news for millions of depositors of five merged banks, signalling a significant step towards stabilising …
Bangladesh Bank Confirms, No Immediate Withdrawals for Depositors of Merged Banks
Depositors of the five banks currently undergoing consolidation will have to exercise patience, as Bangladesh Bank has clarified that there …