Germany Pushes Euro Digital Currency Initiative
The President of Germany’s central bank, Joachim Nagel, has recently voiced strong support for euro-backed crypto stablecoins and a retail …
Updates
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Central Bank Curbs Ramadan Hours for Electronic Transfers
In observance of the holy month of Ramadan, Bangladesh Bank has announced a temporary adjustment to the operational windows for …
Prime Bank CEO Resigns to Lead Eastern Bank
The landscape of Bangladesh’s private banking sector is set for a significant transition following the resignation of Hassan O. Rashid, …
Standard Bank Launches Month-Long Smart Banking Campaign
Standard Bank PLC, a leading Shari’ah-based financial institution in Bangladesh, has officially inaugurated a month-long strategic initiative titled the ‘Smart …
Bank Hours Adjusted for Ramadan Month
In preparation for the holy month of Ramadan, Bangladesh Bank has announced revised office and transaction timings for all commercial …
Japanese Fintech Giant PayPay Files For Nasdaq Listing
In a definitive move that signals the global ambitions of Japan’s digital economy, PayPay Corporation, the nation’s dominant mobile payment …
Alipay’s AI Pay Surpasses 120 Million Transactions
The digital payment landscape in China has reached a significant milestone as Alipay’s agentic-powered AI Pay solution recorded over 120 …
Russia Cuts Key Interest Rate to 15.5 Percent
The Central Bank of Russia on Friday announced a reduction of the country’s key interest rate to 15.5 percent, marking …
Pre-Poll Remittances Surge Sharply
Remittance inflows to Bangladesh have accelerated markedly in the run-up to the national election, providing timely relief to foreign-exchange liquidity …
World Bank Approves $370 Million for Dhaka Water Reform
The World Bank has approved a $370 million loan to tackle water pollution and sanitation challenges in Dhaka, equivalent to …