BB rejects Janata Bank’s request to adjust Tk 27cr loss at Italian subsidiary
BB said the matter would be reviewed on whether the subsidiary achieves profitability by June 2026
12 October 2025, 18:00 PM
Financial institution of the year / How City Bank became a top lender
While the country’s financial sector is passing through a challenging period with more than a dozen banks with weak financials, City Bank has emerged not only as one of the top lenders but also as a pioneer of financial technology.
1 October 2025, 18:00 PM
10 businesses, Hasina family: Tk 57,257cr in assets frozen at home, abroad
The document shows that Tk 46,805.32 crore of the assets are in Bangladesh, while the remaining Tk 10,451.54 crore are abroad.
24 September 2025, 18:05 PM
NBFI crisis locks up depositors’ savings
Nine non-banks set for liquidation owe Tk 15,370cr to savers
20 September 2025, 18:38 PM
INTERVIEW / Stakeholder engagement vital for interoperable payment system
Stakeholder involvement is the key to the success of an interoperable instant payment system, yet this was missing when Bangladesh introduced its first digital platform “Binimoy” a few years ago, according to Snigdha Ali, country lead of Inclusive Financial Systems (IFS), an initiative of the Gates Foundation.
16 September 2025, 18:00 PM
Largest Islamic bank in the making
The five banks slated for consolidation are First Security Islami Bank, Union Bank, Global Islami Bank, Social Islami Bank and Exim Bank.
7 September 2025, 18:14 PM
City Bank, bKash, TransUnion get primary nod for private credit bureaus
Central bank approves private entities to run credit bureaus
3 September 2025, 18:00 PM
First Security Islami Bank paying staff from depositors’ funds
The financial health of First Security Islami Bank PLC has turned so dire that it is now paying staff salaries directly from depositors’ money, according to a Bangladesh Bank (BB) document.
2 September 2025, 18:00 PM
Forex reserves keep eroding despite currency swap
Under the currency swap agreements introduced last month, the banking regulator took $1.17 billion from commercial banks and injected around Tk 20,000 crore in the form of local currencies into the banking system, according to several central bankers.
29 March 2024, 00:11 AM
ICB Islamic Bank in dire straits
After Padma Bank, ICB Islamic Bank appears to be the next in line to be absorbed by a stronger bank under the central bank’s roadmap to clean up the banking sector and bring in corporate governance.
28 March 2024, 18:00 PM
External debt crosses $100b for first time
Bangladesh’s external debt has crossed the $100 billion mark for the first time, indicating a challenging future amid foreign exchange shortage.
21 March 2024, 18:00 PM
NBFIs lose 17% of deposit accounts
Deposits at non-bank financial institutions (NBFIs) have slightly increased on an interest rate hike but the number of deposit accounts have dropped sharply, indicating a lack of trust.
20 March 2024, 00:09 AM
Exim-Padma Bank merger to take at least 18 months
The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
18 March 2024, 18:00 PM
Forex market liquidity rising for US dollar inflow
Liquidity in the foreign exchange market is increasing due to a rise in the inflow of US dollars, riding on growing remittance, export earnings and currency swap deals.
18 March 2024, 00:29 AM
Forex market liquidity rising for US dollar inflow
Liquidity in the foreign exchange market is increasing due to a rise in the inflow of US dollars, riding on growing remittance, export earnings and currency swap deals
17 March 2024, 15:26 PM
Can mergers heal banking sector’s wounds?
The news that Shariah-based Exim Bank is going to merge with troubled commercial lender Padma Bank has taken the financial sector of Bangladesh by surprise.
17 March 2024, 00:25 AM
Exim Bank to take over troubled Padma Bank
Struggling Padma Bank is set to be taken over by Shariah-based Exim Bank as part of the Bangladesh Bank plan to rein in the runaway defaulted loans to a reasonable level and bring good governance to the banking sector.
14 March 2024, 18:00 PM
Padma Bank to merge with EXIM Bank: official
Padma Bank, which has been struggling with the burden of toxic loans for years, will merge with EXIM Bank. It will be the first bank merger in Bangladesh
14 March 2024, 07:40 AM
BB introduces counter-trade to ease forex pressure
The Bangladesh Bank has unveiled the counter-trade policy, an arrangement that promotes direct exchanges of goods and services without cash, with a view to reducing pressure on dwindling foreign currency reserves.
11 March 2024, 00:19 AM
Nine banks in ‘red zone’
Nine banks, including four state-run ones, have fragile financial health, says a recent report of the Bangladesh Bank.
10 March 2024, 18:00 PM
Nine banks were in BB ‘red zone’
Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,
10 March 2024, 11:41 AM
Private credit growth slows for contractionary monetary policy
Private sector credit growth slowed in January this year as the lending rate went up due to the central bank’s contractionary monetary policy, according to experts and analysts.
7 March 2024, 16:03 PM
BB now mulls merger of non-banks
Bangladesh Bank is planning to initiate mergers and acquisitions among weak non-bank financial institutions (NBFIs) if a similar initiative in the banking industry sees success.
6 March 2024, 00:52 AM
BB's repo facility to be weekly, not daily
The scope for banks to avail Bangladesh Bank’s (BB) repo facility is set to narrow as relevant auctions will be held weekly instead of daily from upcoming July.
4 March 2024, 19:00 PM
Currency swap pushes forex reserves above $20b
Bangladesh's foreign currency reserves have gone past the $20-billion mark after nearly a month thanks to the currency swap initiated by the central bank.
23 February 2024, 00:12 AM
A third of NBFIs running without MDs
Twelve non-bank financial institutions (NBFIs) in Bangladesh are running without a regular managing director or chief executive officer and a majority of them have had their top post vacant for more than three months in a clear breach of laws.
22 February 2024, 00:15 AM
Roadmap for banking reforms: Implementation is key
Although the roadmap drawn up to reform the banking industry of Bangladesh may seem attractive on the surface, there are questions regarding its efficacy in ensuring good governance in the scam-hit sector.
18 February 2024, 00:13 AM
Defaulted loans soar 20.7pc in 2023
The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.
12 February 2024, 18:00 PM