In a bid to revive businesses struggling under mounting debt, Bangladesh Bank has introduced a fresh policy framework aimed at providing targeted financial relief to borrowers. The central bank, in a circular issued last Sunday, announced that following requests from various banks and stakeholders, measures including relaxed down payment requirements and extended implementation timelines would […]

Bangladesh Bank has indicated that the country’s leading mobile financial service (MFS) provider, Nagad, has significantly mitigated its operational and financial risks. However, the central bank emphasised that substantial investment is essential for the service to maintain long-term viability. According to officials, both domestic and foreign investment inflows would have a positive impact on the […]