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 The central bank has most recently withdrawn its administrators from […]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 […]
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 […]