Bangladesh Bank Relaxes Loan Renewal Rules for Businesses
In a significant move to bolster the nation’s commercial sector, the central bank of Bangladesh has announced a substantial relaxation …
Economy
Economy governs production, distribution, consumption, growth, employment, and standards nationwide.
Bangladesh Bank Unveils Wage Loan Facility
The Bangladesh Bank has introduced a special term loan facility to enable export-oriented industries to pay workers’ wages on time, …
Change in Leadership at Shadharon Bima Corporation
Mohammad Zainul Bari has resigned from his position as Chairman of the state-owned Shadharon Bima Corporation (SBC), citing personal reasons. …
Hormuz Tensions Elevate Global Insurance Risks
Escalating geopolitical tensions surrounding the Strait of Hormuz are sending ripples across global energy and insurance markets. The current unrest …
UCB Signs Strategic Partnership with Ernst & Young
In a significant move to strengthen environmentally responsible initiatives within Bangladesh’s financial sector, United Commercial Bank PLC (UCB) has entered …
Prime Bank Unveils TapIn Sticker
Prime Bank PLC has introduced a next-generation contactless sticker card branded “TapIn”, developed in collaboration with Mastercard. The innovative Near …
Bangladesh Defaulted Loans Drop by 87,000 Crore BDT
In a significant, albeit cautious, turn of fortune for the Bangladeshi financial sector, non-performing loans (NPLs) have seen a substantial …
Bangladesh Taka Exchange Rates Update
As Bangladesh’s international trade and commerce continue to expand, knowledge of the exchange rate between the Bangladeshi Taka and major …
Sonali Bank Chairman Mohammad Muslim Steps Down
Mohammad Muslim Chowdhury has resigned from his position as chairman of Sonali Bank, citing personal reasons. His departure brings to …
Professor Melita Mehjabin Takes Helm of National Bank
Professor Melita Mehjabin has been appointed chairman of the board of directors of National Bank, replacing Abdul Awal Mintu, the …