Canara Bank Shares Surge 10% in Three Sessions Amid Market Downturn
Investors in Canara Bank are thrilled with the recent performance of the bank’s shares, which have seen a notable uptick …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
Akij Resources Applies for Digital Bank License in Bangladesh
Akij Resources Limited has officially applied to Bangladesh Bank to establish a digital bank under the name Munafa Islamic Digital …
IMF Expresses Concern Over Weak Banks and 52,000 Crore Loan Practices
In a meeting with Bangladesh’s central bank governor, Dr. Ahsan H. Mansur, the IMF raised serious concerns about the country’s …
Private Sector Loan Growth Slows, But Letter of Credit Openings Surge
Recent data for the July-September quarter indicates positive changes in the country’s economy, with a noticeable increase in the number …
Bank Profits Soar Amid Bond Dependency, But for How Long?
In early 2025, Bangladesh’s banking sector seemed grim with rising deposit interest rates, persistent inflation, sluggish loan demand, squeezed margins, …
Dutch-Bangla Agent Banking Scandal: Over Tk 60 Lakh Missing, Customers Demand Return
A complaint has been filed against an agent banking outlet of Dutch-Bangla Bank, Messrs Rahat Enterprise, for allegedly absconding with …
Struggling NBFIs Seek Tk 3,100 Crore to Recover from Crisis
A group of 15 struggling non-bank financial institutions (NBFIs), including nine on the verge of liquidation, has approached the Bangladesh …
The Future of Retail Banking in Bangladesh: Evolving or Fading?
Retail banking in Bangladesh stands at a critical juncture. With the Bangladesh Bank (BB) set to issue digital banking licences, …
Remittances Surge 12%, Strengthening Forex Reserves and Exchange Rate Stability
Remittance inflows to Bangladesh saw a 12% year-on-year rise in September, helping ease pressure on the country’s foreign exchange (forex) …
Gold Prices Slip 1%, but Set for Third Consecutive Monthly Gain
Gold prices dropped by 1% on Friday, pressured by uncertainty surrounding further interest rate cuts by the US Federal Reserve. …