Banking

Depositors of Sammilito Islami Bank PLC will not face any “haircut” on their deposits. From September 1, individual depositors will be able to withdraw the principal amount of their deposits […]

Bangladesh Bank is expected to announce this week a detailed repayment scheme for returning deposits to customers of four troubled non-bank financial institutions (NBFIs). The institutions—People’s Leasing (Abiba), Fareast Finance, […]

The managing directors (MDs) of six state-owned banks may be replaced as the government considers changes to the top management of the lenders struggling with irregularities, loan defaults and financial […]

Security staff working for integrated facility management provider ABC Facilities Limited will now receive their salaries, wages, and other payments directly into their bKash accounts. This digital disbursement system aims […]

Excess liquidity in Bangladesh’s banking sector has surged to a record Tk 4.08 lakh crore at the end of June 2026, reflecting a sharp slowdown in private-sector borrowing as businesses […]

Bangladesh Bank has relaxed the cash margin requirement for opening letters of credit (LCs) for fruit imports, replacing the existing 100 percent mandatory margin with a rate to be determined […]

Bangladesh Bank has completed the withdrawal of administrators and administrator teams appointed to oversee the merger of five Islamic banks. The central bank has most recently withdrawn its administrators from […]

Bangladesh Bank is set to introduce person-to-person (P2P) payments through Bangla QR, allowing users to transfer money by scanning a QR code instead of manually entering account details. The central […]

Visa Asia-Pacific President Stephen Karpin met Prime Minister Tarique Rahman on Tuesday and expressed the global payments company’s interest in expanding investment and business operations in Bangladesh. The courtesy meeting […]

Bangladesh’s Cabinet on Monday approved a draft amendment to the Bank Resolution Act, 2026, paving the way for the repeal of a provision intended to introduce a market-based mechanism for […]