Pubali Bank Unveils Co-Branded Credit Card with Chittagong Medical College and Hospital
Pubali Bank PLC has launched a co-branded credit card in partnership with Chittagong Medical College (CMC) and Chittagong Medical College …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
China-US Tensions Ease, But Tech Disruptions Pose Growing Threat, Say Financial Leaders
At the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday, experts expressed cautious optimism about the evolving dynamics …
Stock Market Sees Uptick in Weekly Trading After Two Months
After two months of sluggish activity, the country’s primary stock market, the Dhaka Stock Exchange (DSE), has shown some positive …
LC Openings Rise, But Private Sector Loan Growth Stalls
In another positive development for the country’s economy, the opening of Letters of Credit (LCs) for imports has increased, signalling …
Twelve Companies Apply for Digital Banking Licences in Bangladesh
A total of 12 companies, both local and international, have submitted applications to Bangladesh Bank for the establishment of digital …
State-Owned Banks Use ‘Deferral’ to Conceal Losses, Show False Profits
State-owned banks in Bangladesh have been using a special facility known as “deferral” to hide financial losses and present paper …
IMF Asks for Clarification on Bank Mergers Amid Financial Reforms
The International Monetary Fund (IMF) has sought detailed information about the merger of five struggling banks in Bangladesh, initiated by …
National Budget for FY 2025-26 Approved, Provision for Money Laundering Removed
The Council of Advisers has approved the national budget for the fiscal year 2025-26, but with a significant change: the …
BRAC Bank Official Attacked in Sunamganj; Vault Keys Stolen, Operations Temporarily Suspended
Operations at the Sunamganj branch of BRAC Bank PLC were suspended for nearly three hours on Monday after a senior …
New Shariah Bank in the Works: What Does the Merger of Five Islamic Banks Mean?
The interim government has approved the formation of Sammilito Islami Bank PLC, a new Shariah-compliant bank created by merging five …