Standard Islami Bank PLC held its Quarterly Business Review Meeting at the bank’s Head Office in Dhaka on Saturday, with the participation of heads from selected branches, according to a press release issued by the institution. The meeting was presided over by the Acting Managing Director, Md. Siddiqur Rahman. During the session, he conducted a […]

Midland Bank PLC convened a “Leaders Meet” with its Branch Managers on Saturday, 11 April 2026, at the MDB Training Institute, according to a media release issued by the bank. The programme aimed to reinforce collaboration, promote open communication, and address critical operational and business matters across its network. The initiative brought together senior executives […]

An amendment to Bangladesh’s Bank Resolution Ordinance has introduced a legal mechanism that allows former owners of distressed banks to seek restoration of control over institutions currently undergoing resolution. The change applies to the ongoing consolidation of five troubled banks—First Security Islamic Bank, Social Islamic Bank, Union Bank, Global Islamic Bank, and Exim Bank—into Sammilito […]

Bangladesh must strengthen its institutional and regulatory readiness before issuing licences for digital banks, as the model carries inherent risks such as fraud and cyber theft, experts warned at a conference in Dhaka on Saturday. The observations underscored the need for a cautious and well-structured approach to financial innovation in an increasingly digitised economy. Digital […]

Sandhani Life Insurance Company Limited and Midland Bank PLC have formally launched a bancassurance collaboration aimed at offering customers an integrated platform for both banking and life insurance services. The initiative was inaugurated on Tuesday (7 April) at a simple ceremony held at Midland Bank’s head office. Through this partnership, Midland Bank customers will be […]

Bangladesh Bank has verbally cautioned several commercial banks against purchasing United States dollars at inflated exchange rates, in a bid to stabilise the country’s foreign exchange market and prevent unnecessary volatility. The issue was discussed on 9 April at a meeting in Dhaka between the central bank Governor Md Mostaqur Rahman and senior representatives of […]

Islamic banking in Bangladesh continued to register solid year-on-year expansion at the end of 2025, though the most recent quarterly indicators reveal a noticeable slowdown in momentum amid weaker external trade performance, softer employment trends, and a more cautious lending environment. According to Bangladesh Bank data, total deposits in the Islamic banking segment reached Tk […]

In a strategic effort to strengthen the nation’s export sector, Bangladesh Bank has reintroduced its pre-shipment credit refinance scheme. The decision follows a formal appeal from Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade organisation, reflecting the urgent need to support exporters amid global economic uncertainties. Originally launched in 2020, the […]