Textile exporters and millers in Bangladesh are under growing financial strain as a large number of troubled commercial banks have failed to settle long-overdue payments against local back-to-back letters of credit (LCs), leaving accepted bills unpaid for years despite contractual maturity obligations. According to bankers and industry stakeholders, outstanding liabilities linked to such unpaid bills […]

Bangladesh’s gross foreign exchange reserves stood at $30.46 billion as of 21 April, marking a slight increase from the previous level of $30.37 billion, according to central bank officials. The updated figure was confirmed by Arif Hossain Khan, spokesperson and Executive Director of Bangladesh Bank, while speaking to journalists. The revision reflects recent foreign currency […]

The stock of forced loans at Rupali Bank climbed to $1.87 billion by the end of December 2025, reflecting a sustained rise over recent years and prompting concern over the bank’s financial condition, according to findings from the Bangladesh Bank. Central bank data shows that forced loans increased by 91.59% compared with 2021, when the […]