Sonali Bank, the largest state-owned commercial bank in Bangladesh, has reported its highest-ever net profit of Tk1,313 crore for the financial year 2025, reflecting a 33 per cent rise compared with the previous year, according to its audited financial statements. The bank’s financial results indicate a strong dependence on investment-related income, particularly from government securities. […]

State-owned Janata Bank has posted a substantial financial loss of Tk3,931 crore for the year 2025, reflecting a 28 per cent increase compared with the previous year, according to its audited financial statements. The result highlights continued strain on the bank’s overall earnings performance and balance sheet position. The financial statements show that the bank’s […]

Bangladesh Bank has revised consumer financing rules, increasing limits for auto and personal loans in an effort to respond to rising consumer demand and to encourage the use of environmentally friendly vehicles, including electric and hybrid models. In a notification issued on Tuesday, the central bank stated that scheduled banks are now permitted to extend […]

The Bangladesh Association of Banks (BAB) has elected two new Vice Chairmen to its Executive Committee, following a unanimous decision taken at its 230th Executive Committee meeting. The newly appointed Vice Chairmen are Mr Rashed Ahmed Chowdhury, Chairman of Mutual Trust Bank PLC, and Mr Sharif Zahir, Chairman of United Commercial Bank PLC. Their selection […]