Taka Holds Steady as Bangladesh Bank Standardises Daily Exchange Rates
The Bangladeshi Taka maintained relative stability across major foreign currencies today, according to official benchmark rates released by Bangladesh Bank …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
Depositors Hold Firm as Merged Islamic Bank Regains Trust
DHAKA — A remarkable shift in customer sentiment is offering a crucial lifeline to the newly formed Combined Islamic Bank. …
Bangladesh State Debt to Banks Hits ৳9.40 Lakh Crore
DHAKA — Heavy fiscal pressures have compelled the Bangladesh government to borrow roughly ৳13,000 crore from the domestic banking sector …
Reformed Sharia Lenders Pay Out £160m to Depositors in Sector Recovery Drive
In a major breakthrough for Bangladesh’s banking sector, Sommilito Islamic Bank has officially begun returning funds to its depositors, dispersing …
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 …
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 …
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 …
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 …