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
Defaulted loans may double next year
The defaulted loan figure is set to double as the Bangladesh Bank is set to tighten the classification rules for all types of loans by March next year to meet the International Monetary Fund’s loan conditions.
19 November 2024, 18:00 PM
Bad loans hit alarming record
Awami League-affiliated businesses had already put the country’s banking sector in trouble with huge bad debts, but the loans disbursed through irregularities to these companies turned sour even at a more alarming pace after the party’s ouster.
17 November 2024, 18:40 PM
Import payment delay a reputational loss for Bangladesh: BB
Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.
12 November 2024, 18:00 PM
Islamic banking to be off limits to regular banks
A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.
9 November 2024, 18:18 PM
Private credit growth slows to three-year low
Private sector credit growth decelerated to the slowest pace in three years in September due to uncertainty in the investment environment following the recent political changeover.
7 November 2024, 18:00 PM
Rising remittance provides a breather amid forex crisis
Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange reserves.
3 November 2024, 18:00 PM
Tk 3,000cr export fund held up in four troubled banks
A large chunk of a Tk 10,000 crore central bank fund, meant for financing raw material imports for export orders, remains stuck with four crisis-hit banks, according to Bangladesh Bank officials.
31 October 2024, 18:00 PM
BB probe into Union Bank: ‘S Alam staffer’ took Tk 118cr sans approval
A “staffer of S Alam Group” took out Tk 118 crore from Union Bank without any approval or following any banking norms, indicating how the controversial business conglomerate used the bank.
28 October 2024, 20:33 PM
Pubali Bank’s journey to the top
While more than a dozen banks in Bangladesh are struggling to stay afloat, Pubali Bank, which has emerged as one of the leading private commercial lenders, stands as a glowing example of how to traverse difficult times.
26 October 2024, 18:00 PM
Cash outside banks keeps rising
The volume of cash outside the banking sector of Bangladesh has been increasing since the start of the year due to persistent inflation, the loss of consumer confidence in the sector due to the presence of ailing lenders, and the prevailing situation following the recent political changeover.
16 October 2024, 18:00 PM
16 NBFIs face total provision shortfall of Tk 1,954cr
Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.
13 October 2024, 18:00 PM
Crisis-hit banks repaying depositors for emergencies, basic needs
As crisis-hit lenders have started getting liquidity support from the inter-bank money market, they are now repaying depositors for specific purposes, such as medical emergencies, and in the case of salary disbursement or remittance encashment.
10 October 2024, 18:00 PM
EkPay offering payment services without licence
EkPay, an e-payment system of the Aspire to Innovate (a2i) programme of the government, has been offering all types of payment services without obtaining a licence from the Bangladesh Bank (BB), which is in clear violation of the Payment and Settlement System Act-2024.
8 October 2024, 18:00 PM
Non-banks’ default loans hit record high
Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.
6 October 2024, 18:00 PM
$800m repayment to Russia in limbo
About $809 million has piled up in a Bangladesh Bank escrow account to repay loans and interest for the Russia-funded Rooppur Nuclear Power Plant.
5 October 2024, 18:00 PM
S Alam took out 86pc of Global Islami Bank’s loans
S Alam Group and its linked companies account for more than 86 percent of the disbursed loans of Global Islami Bank (GIB), one of the six Shariah-based lenders that were controlled by the Chattogram-based business giant.
30 September 2024, 01:00 AM
Globe Edible Oil Ltd: S Alam’s backdoor takeover attempt
S Alam Group’s takeover of the Islami Bank to drain the healthiest bank of the country had left investors and customers in shock. It did not stop there.
25 September 2024, 01:00 AM
Five crisis-hit banks secure BB guarantee for liquidity
Five crisis-hit banks have obtained a Bangladesh Bank (BB) guarantee to avail liquidity support from the inter-bank money market, according to central bank officials.
22 September 2024, 18:00 PM
Overseas assets: Singapore FIU seeks info on S Alam Group
The Financial Intelligence Unit (FIU) of Singapore has requested details about the Chattogram-based conglomerate S Alam Group and its owners, including information on their domestic and foreign assets, from Bangladesh’s Financial Intelligence Unit (BFIU).
19 September 2024, 18:00 PM
Singapore’s Financial Intelligence Unit seeks info on S Alam Group
The overseas assets of S Alam Group, including those in Singapore, came under scrutiny following recent media reports.
19 September 2024, 08:09 AM