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Category: Business

Prime Bank signs pact with PayStation to expand EMI services

Prime Bank signs pact with PayStation to expand EMI services

Prime Bank PLC has signed an agreement with Service Hub Limited (PayStation) to introduce enhanced payment flexibility for its customers, according to a media statement. The signing ceremony was held at Prime Aspire on Gulshan Avenue in Dhaka. The collaboration is intended to strengthen customer convenience by incorporating instalment-based payment options and expanding access to […]
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BRAC Bank partners Ascent Health for healthcare access

BRAC Bank partners Ascent Health for healthcare access

BRAC Bank has signed an agreement with Ascent Health Limited to provide discounted healthcare services to its employees and cardholders nationwide, the bank said in a press release. Under the arrangement, all employees of BRAC Bank and their legal dependants—spouses, children, parents, and in-laws—will receive a 30 per cent discount on pathological tests conducted through […]
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Banking Sector Faces Dividend Clampdown

Banking Sector Faces Dividend Clampdown

The central bank has maintained its strict dividend distribution framework for the 2025 financial year, resulting in more than half of the country’s banking sector being unable to declare dividends. Under the prevailing policy, any bank with non-performing loans (NPLs) in double digits is ineligible to distribute dividends. Restrictions also apply to institutions facing capital […]
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Foreign Funding Declines Sharply Foreign Funding Declines Sharply

Foreign Funding Declines Sharply

Foreign financing inflows into Bangladesh have registered a significant decline in the first nine months of the current fiscal year (July–March), reflecting slower implementation of development projects alongside rising debt servicing obligations. Officials and analysts warn that the simultaneous fall in inflows and rise in repayments is placing mounting pressure on the country’s external financial […]
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Bangladesh Bank Eases Industrial Lending 1 Bangladesh Bank Eases Industrial Lending

Bangladesh Bank Eases Industrial Lending

Bangladesh Bank has introduced a significant policy overhaul aimed at strengthening long-term investment in the country’s industrial sector and boosting overall productivity. The central bank believes the revised framework will make long-term financing more accessible, cost-effective, and predictable for businesses, thereby encouraging industrial expansion and job creation. In a circular issued on Thursday, the central […]
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Dhaka Bank Declares Ten Percent Cash Dividend

Dhaka Bank Declares Ten Percent Cash Dividend

Dhaka Bank PLC has recommended a 10 per cent cash dividend for shareholders for the financial year ended 31 December 2025, reflecting an improved financial position and stronger operational performance compared with the previous year. The proposal was approved by the board of directors after reviewing the bank’s audited financial statements. The decision was taken […]
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BFIU Orders Anti-Corruption Pledges for Bank Chiefs

BFIU Orders Anti-Corruption Pledges for Bank Chiefs

In a robust effort to tighten regulatory discipline and rebuild credibility in the financial sector, the Bangladesh Financial Intelligence Unit (BFIU) has instructed the top leadership of all scheduled banks to sign binding declarations against corruption and money laundering. The directive, issued through an internal circular, reflects a heightened regulatory response to persistent governance shortcomings […]
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Heightened Vigilance Urged Over Eid Cash Heightened Vigilance Urged Over Eid Cash

Heightened Vigilance Urged Over Eid Cash

As the festival of Eid al-Adha approaches, the country’s central bank has issued a renewed warning over large cash transactions in livestock markets, citing an elevated risk of counterfeit currency circulation. The advisory comes at a time when trading activity intensifies nationwide, particularly in temporary cattle markets where substantial sums are exchanged daily. During this […]
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