Trump Pushes Banks on Credit Card Interest Rates
U.S. banks are confronting a significant political and operational challenge following President Donald Trump’s call to cap credit card interest …
Updates
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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 …
Ex-Central Bank Governor’s Accounts Spark Controversy
Renewed concerns over financial transparency and regulatory accountability in Bangladesh’s banking sector have emerged following revelations concerning former Deputy Governor …
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 …
Central bankers and bank CEOs back Powell amid Trump pressure.
January 13 (Reuters) – A remarkable show of support for Federal Reserve Chair Jerome Powell emerged on Tuesday as global …
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 …
Central Bank Purchases Significant Dollar Amount
On Monday, 12 January, the Bangladesh Bank acquired USD 81 million from ten commercial banks through a scheduled auction, officials …
Osman Ershad Takes Charge as Dhaka Bank MD
Dhaka Bank PLC has appointed Osman Ershad Fayez as its new Managing Director, marking a significant leadership transition at one …