The Bangladesh Bank has unveiled a roadmap aiming to reduce default loans to below 8% by June 2026. As of September last year, default loans in...
IFC, a member of the World Bank Group, has appointed Imad N. Fakhoury as Regional Director for South Asia. Fakhoury, based in New Delhi, will lead...
The recently introduced monetary policy in Bangladesh is criticized for lacking substantial reforms and appears to echo traditional strategies, falling short of delivering tangible impacts on...
The Bangladesh Bank has implemented a 25 basis points hike in the policy rate, raising it from 7.75% to 8% as part of the newly unveiled...
Internet banking transactions in Bangladesh experienced a significant upswing in November 2023, recording a 5% increase compared to the previous month, according to data from Bangladesh...
Commercial banks in Bangladesh are actively pursuing foreign funds to strengthen their offshore portfolios, aiming to offer customers dollar-denominated loans. The recent removal of a 20%...
In a strategic move to curb inflation, the Bangladesh Bank (BB) is contemplating a policy rate hike for the second half of the ongoing fiscal year...
Bangladesh Bank (BB) has issued a warning against the unauthorized use of its logo in various mobile applications for investment and profit-oriented advertisements related to loans,...
In the 12th National Parliament election, 21 candidates associated with the capital market and insurance sector secured significant victories. Notable among them are: Salman F Rahman...
In preparation for the national election on January 7, banks in Bangladesh will operate on Friday and Saturday, following instructions from the Election Commission (EC). The...
