Individual depositors of Sammilito Islami Bank began receiving the principal amount of their deposits from Monday (September 7), following the merger of five troubled Islamic banks hit by irregularities and […]
The Islami Bank Conscious Customers Forum has demanded the immediate formation of a new board of directors for Islami Bank Bangladesh PLC and warned of launching a movement against the […]
Bangladesh Bank has directed banks to introduce a fully digital, fee-based ‘e-Payment Credit’ facility to help customers meet temporary financial needs and encourage digital transactions. The central bank issued BRPD […]
The High Court has issued a rule and ordered the freezing of 81.92 percent of the shares of Islami Bank Bangladesh PLC allegedly held by S Alam-related entities through 24 […]
The government has promoted two deputy managing directors (DMDs) of state-owned financial institutions to the position of managing director (MD) and appointed them to head two major state-run institutions. The […]
Standard Chartered Bangladesh has appointed Enamul Huque as its Chief Executive Officer, effective September 1, 2026. Huque brings 25 years of experience with Standard Chartered across Corporate and Institutional Banking […]
Depositors of Sammilito Islami Bank (SIB) will be allowed to withdraw funds beyond the limits set under Bangladesh Bank’s existing withdrawal scheme in cases of urgent need, as the newly […]
Bangladesh Bank’s net profit rose to nearly Tk 25,900 crore in the 2025-26 financial year despite continued pressure on the economy and banking sector, marking an increase of about Tk […]
Bangladesh Bank has reviewed the progress of loan recovery, reconstruction and overall operations of Sommilito Islami Bank PLC, with the bank filing nearly 10,000 lawsuits to recover non-performing loans and […]
Bangladeshi expatriates sent home US$2.455 billion in remittances during the first 26 days of August, according to the latest data from Bangladesh Bank. Remittance inflows between August 1 and 26 […]