Sammilita Islami Bank Commences Depositor Refunds Under Central Bank Supervision
Sammilita Islami Bank PLC has officially begun disbursing funds to its depositors, marking a pivotal moment in the state-backed effort …
Updates
Updates
Taka Eases Import Pressures as Foreign Currency Reserves Stabilise
Bangladesh’s monetary authorities have reported a welcome spell of stability in the foreign exchange market, easing concern amongst commercial importers …
Bangladesh Bank Releases Tk 5,000 Crore for Depositors
Bangladesh Bank has released Tk 5,000 crore to facilitate the repayment of deposits held with Sammilito Islami Bank, as tens …
Bangladesh Bank Increases Annual Overseas Travel Currency Ceiling to $18,000
In a significant regulatory relaxation designed to accommodate rising international expenditure, Bangladesh Bank has expanded the annual foreign exchange allowance …
Taka Rebounds as Foreign Exchange Market Regains Equilibrium
Bangladesh’s foreign exchange market has settled into renewed stability, with the US dollar pulling back from recent highs after temporary …
Bangladesh Tops Global Non-Performing Loan Rankings
Bangladesh has emerged as the country with the highest proportion of non-performing loans in the world, with nearly one-third of …
Global Banks Revive Their International Expansion Drive
After more than a decade of scaling back overseas operations, some of the world’s largest banks are once again looking …
21 Banks Join Forces to Launch Dollar-Pegged Stablecoin
Twenty-one major financial institutions are preparing to launch a digital stablecoin pegged to the US dollar, marking a significant step …
Bangladesh Bank Launches BDT 20 Lakh Financing Scheme for Rural Youth
Central bank introduces an innovative blend of grants and collateral-free credit to cultivate micro-enterprises across all sub-districts. In a decisive …
Non-Performing Loans Exceed Six Trillion Taka as Restructuring Offers Fail
Bangladesh Bank’s repeated policy relaxations yield limited success as bad debts soar to 32.78 per cent. Non-performing loans across Bangladesh’s …