Bangladesh Bank Withdraws Administrator from Social Islami Bank
Bangladesh Bank has withdrawn the administrator appointed at Social Islami Bank PLC, marking another instance of a regulatory intervention being …
Bangladesh Updates Foreign Exchange Rates for 6 August
More than 10 million Bangladeshis are currently employed in countries across the world, making overseas remittances one of the country’s …
Bangladesh Sees Early August Remittances Soar to $406 Million
DHAKA, BANGLADESH — Expatriate Bangladeshis channelled $406 million in foreign remittances back home during the opening three days of August, …
Bangladesh, South Korea Conclude CEPA Talks With Major Trade Prospects
Bangladesh and South Korea have formally concluded negotiations on a proposed Comprehensive Economic Partnership Agreement (CEPA), opening the possibility of …
Bangladesh Bank Warns Banks Still Lag on Cybersecurity
Bangladesh Bank Governor Mohammad Mostakur Rahman has raised concerns over the cybersecurity preparedness of the country’s commercial banks, saying their …
Dollar Trades at Tk123.34 as Major Currency Rates Listed
Foreign exchange rates remain a key financial indicator for Bangladesh, where remittances, international trade, imports and exports, overseas investment, education …
Bangladesh’s Foreign Exchange Reserves Rise as Remittances Strengthen
Bangladesh’s foreign exchange reserves have once again shown an upward trend, supported in large part by a strong increase in …
Remittances Surge to $2.86 Billion in July as Bangladesh Starts New Fiscal Year Strong
DHAKA — Inbound remittance transfers sent home by non-resident Bangladeshis through official banking channels reached USD 2.86 billion (USD 2.859 …
Bangladesh Financial System Faces Escalating Risk as Small Loan Defaults Spike
A sharp escalation in loan defaults among small borrowers—specifically Cottage, Micro, Small, and Medium Enterprises (CMSMEs), agricultural workers, home loan …
Pubali Bank Profit Rises on Treasury Investment Gains
Pubali Bank emerged as the second most profitable private commercial bank in Bangladesh during the first six months of the …