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
True extent of bad loans emerges
Defaulted loans in the country’s banking sector reached a record Tk 3,45,765 crore at the end of 2024 as toxic loans increased sharply following the political changeover in August last year.
26 February 2025, 18:00 PM
Bangladesh Bank governor’s unfiltered remarks: A cause for concern?
“Mansur is a knowledgeable and well-intentioned governor, but given the sector’s sensitivity, he should exercise extreme caution in his public remarks”
26 February 2025, 08:55 AM
Mazumder holds assets worth £43m in UK
Nazrul Islam Mazumder, chairman of Nassa Group and a close associate of deposed prime minister Sheikh Hasina, holds assets worth £43.23 million or about Tk 656 crore in the UK, according to the Bangladesh Financial Intelligence Unit.
16 February 2025, 18:00 PM
Foreign firms to be hired to recover laundered money
A meeting between BFIU and managing directors of the banks made the decision
16 February 2025, 18:00 PM
BB discovers irregularities at Al-Arafah Islami Bank
The Bangladesh Bank (BB) has uncovered serious irregularities at Al-Arafah Islami Bank, including misuse of its corporate social responsibility (CSR) funds.
11 February 2025, 18:00 PM
Salman F Rahman used IFIC Bank for personal gains
Says Md Mehmood Husain, independent director and current chair of the bank
10 February 2025, 18:17 PM
BB keeps policy stance tight to tame inflation
The Bangladesh Bank (BB) has maintained its tight monetary policy stance for the second half of the current fiscal year (FY) 2024-25 to tame the stubbornly high inflation.
10 February 2025, 18:00 PM
Janata Bank crippled by record default loans
Janata Bank’s defaulted loans surged to a record Tk 67,300 crore by the end of last year, as politically exposed persons and business conglomerates became defaulters following the recent political changeover, reflecting the fragile condition of the state-run bank.
8 February 2025, 18:00 PM
BFIU finds NI Mazumder’s money laundering links
Nazrul Islam Mazumder, chairman of Nassa Group and a close associate of deposed prime minister Sheikh Hasina, has been accused of trade-based money laundering amounting to Tk 16,000 crore by the Bangladesh Financial Intelligence Unit.
4 February 2025, 18:37 PM
Cash-strapped Padma Bank struggling to pay employees
Padma Bank, formerly Farmers Bank, has sunk into such a financial abyss that the lender is struggling to pay its employees’ monthly salaries and has sought a Tk 5,000 crore bailout package from Bangladesh Bank to stay afloat.
2 February 2025, 18:00 PM
MTB focuses on digital growth, loan diversity
Mutual Trust Bank (MTB) is expanding its digital services to cater to Generation Z while diversifying its loan portfolio to reduce its concentration in wholesale lending.
2 February 2025, 18:00 PM
Govt’s borrowing from banks rises to Tk 16,000cr so far this fiscal year
The government’s net bank borrowing has risen sharply due to lacklustre tax collection, slow private sector credit growth and the overall economic slowdown since the political changeover in August last year.
27 January 2025, 18:00 PM
Grameen Telecom gets digital wallet approval
Samadhan Services Limited, a concern of Grameen Telecom, has at last gained ground in its effort to become a payment service provider (PSP) in Bangladesh.
26 January 2025, 18:00 PM
Net foreign direct investment hits six-year low
The flow of foreign direct investment (FDI) in Bangladesh fell to $104.33 million in the July-September quarter of fiscal year 2024-25, the lowest in at least six years, as foreign investors stayed away from Bangladesh amid deadly political unrest, labour agitation, and a persistent economic crisis.
21 January 2025, 18:00 PM
Forex market in disarray
Bangladesh Bank has officially given the green light for banks to trade foreign currency at freely negotiated rates, but there’s a catch. An unofficially imposed mechanism has upset the foreign exchange market, undermining the intent of liberalisation.
19 January 2025, 18:00 PM
Ex-secretary still chairman of Sonali’s UK subsidiary
Md Asadul Islam, former senior secretary of the Financial Institutions Division of the finance ministry, is still serving as chairman of Sonali Bangladesh UK Ltd, a subsidiary of state-run Sonali Bank, despite retiring from government service in 2021.
16 January 2025, 18:00 PM
BB unearths fresh irregularities in Islami Bank
The banking regulator found the involvement of Md Abdul Jalil, independent director and executive committee chairman of the bank, in the loan irregularities.
15 January 2025, 18:00 PM
NBFIs’ bad loans surge to record Tk 26,163cr
Defaulted loans at the country’s non-bank financial institutions (NBFIs) reached a record 36 percent of all loans disbursed by them as of September 2024, a level that sector people described as a reflection of “massive irregularities and scams” seven to eight years ago.
6 January 2025, 18:00 PM
Remittance hit all-time high in 2024
Expatriate Bangladeshis sent home a record $26.9 billion, up 23 percent year-on-year, in a development that will bring a huge sigh of relief to policymakers as they endeavour to shore up strained dollar stockpile.
1 January 2025, 18:06 PM
3 banks get Tk 12,500cr in emergency funds
Bangladesh Bank (BB) has extended a total of Tk 12,500 crore in emergency funds to three beleaguered banks to dress up their balance sheet ahead of the year’s end.
31 December 2024, 18:00 PM