Meghna Bank Eyes Top 15 Amid SME Expansion
In an ambitious bid for market dominance, Meghna Bank has set its sights on becoming one of Bangladesh’s top 15 …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
The Tk29,400 Crore Void: NBFI Stability Under Threat
The stability of Bangladesh’s Non-Bank Financial Institution (NBFI) sector has reached a perilous nadir, with Non-Performing Loans (NPLs) escalating to …
Bangladesh Receives Record 1,500 Crore BDT Daily in Remittances
The Bangladeshi economy is currently experiencing a historic windfall in expatriate income, with daily remittance inflows reaching an astonishing 1,500 …
Government to Return Principal of Depositors in Nine NBFIs
Individual depositors of nine non-bank financial institutions (NBFIs) facing insolvency will receive the full amount of their principal deposits, though …
Five-Bank Merger: Depositors Face Deep Financial Haircut
In a sweeping move to rescue five failing Sharia-based lenders, Bangladesh Bank has implemented a mandatory “haircut” on the returns …
Hallmark Debt Recovery Boosts Sonali Bank Profits
In a significant triumph for the country’s banking sector, Sonali Bank PLC, the largest state-owned commercial lender in Bangladesh, has …
Finance Adviser Targets Auditors Over Bank Liquidity Crisis
The interim government has launched a sweeping investigation into the financial reporting standards of five prominent private banks, with Finance …
Sharia-compliant loans now at Expatriates’ Welfare Bank: Asif Nazrul
Probashi Kallyan Bank is set to launch Sharia-compliant loans tailored specifically for overseas citizens. The announcement was made by Dr …
Bangladesh Bank to Regulate New Microfinance Institutions
In a transformative move for the nation’s financial landscape, the interim government has finalised a framework to establish specialised Microfinance …
The government has taken a loan from Sammilito Islami Bank: 100 billion Taka.
The Government of Bangladesh has announced plans to secure a substantial loan of BDT 10,000 crore through the newly formed …