Bangladesh Bank has introduced a new incentive scheme to encourage wider use of Bangla QR-based transactions, offering monthly incentives of up to Tk 2,000 for each onboarded small and marginal […]
The provision concerning the validity period of an order dissolving a bank’s board of directors will not generally apply to all banks in Bangladesh, the central bank has clarified. The […]
Bangladesh Bank has declared four non-bank financial institutions (NBFIs) non-viable as part of efforts to restore good governance and accountability in the financial sector and protect the interests of depositors […]
Experts have discussed the prospects, challenges and future of Islamic finance, banking and insurance in Bangladesh at a seminar held at Eastern University on Saturday. Titled “Prospects, Challenges and Future […]
Bangladesh Bank has begun discussions with around 42 banks over defaulted loans exceeding Tk 200 crore, with plans to separately identify cases where loan proceeds may have been siphoned abroad […]
The Palli Karma-Sahayak Foundation (PKSF) has signed 12 separate credit guarantee agreements with 11 banks and one financial institution under its Credit Enhancement Scheme (CES) to expand financing for micro […]
Bangladesh Bank Governor Md Mostakur Rahman on Monday said the introduction of Bangla QR would make the country’s digital financial transactions easier, faster and more secure, while reducing dependence on […]
State-owned Bangladesh Krishi Bank has emerged as the country’s top remittance-collecting bank, receiving US$441.68 million in inward remittances in June, as Bangladesh posted a record US$35.59 billion in remittance inflows […]
A major security flaw in the popular Coldcard hardware wallet has been linked to one of the largest recent cryptocurrency thefts, with hackers stealing tens of millions of dollars’ worth […]
Nine children of Nagad entrepreneurs emerged as national winners in the grand finale of the “Quran Recitation by Children” competition organised by Nagad Islamic, an initiative of Nagad Limited, to […]
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