Government’s Bank Debt Climbs Beyond Six Trillion Taka
Government borrowing from the banking system has accelerated sharply in recent months, pushing total outstanding loans beyond the six lakh …
Updates
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Foreign Fund Inflows to Bangladesh Corporates Dip to $9.80 Billion
Foreign fund inflows into Bangladesh’s corporate sector have fallen sharply, with private-sector short-term external borrowing declining to $9.80 billion by …
Mandatory Women-Friendly Washrooms in Banks
Bangladesh’s central bank has issued a far-reaching directive aimed at strengthening gender equality and ensuring a humane, inclusive working environment …
“City Bank is purchasing land in Gulshan and constructing the framework of a new modern building.”
City Bank is set to develop its own towering headquarters in the heart of Gulshan, Dhaka, on a 40-katha plot, …
ACU Payment Drags Foreign Reserves Under $28bn Mark
Bangladesh’s gross foreign exchange reserves have undergone a significant contraction, slipping below the $28 billion threshold following a mandatory regional …
World Bank Issues Red Alert Over Fraudulent Loan Syndicates
The World Bank has officially cautioned the public in Bangladesh against a burgeoning wave of financial scams perpetrated by sophisticated …
Remittances to Arrive Within Two Days, Says Bangladesh Bank
Bangladesh Bank has issued a directive to ensure that remittances sent by expatriates are credited to beneficiaries’ accounts promptly. Under …
Depositors to Receive Funds in Two Tranches
After years of uncertainty in Bangladesh’s non-bank financial institution (NBFI) sector, individual depositors are finally set to receive long-awaited relief. …
MTB Bank Announces Head of Credit Risk Vacancy
Mutual Trust Bank PLC (MTB), one of Bangladesh’s leading private commercial banks, has officially announced a vacancy for the position …
Bangladesh Bank Expands Home Loan Limits
Bangladesh Bank has revised its home loan policy to widen access to housing finance amid sustained rises in construction material …