Financial reports for 2025 reveal a stark dichotomy in the Bangladeshi banking sector: record-breaking profits set against a backdrop of declining core business performance. Sonali Bank PLC, the nation’s largest state-owned lender, exemplifies this trend, posting a net profit of Tk1,313 crore—a 33% increase over the previous year—despite a 77% collapse in net interest income. […]

City Bank PLC has reinforced its commitment to the public health sector by enhancing critical pediatric care facilities at two of Bangladesh’s primary medical institutions. This intervention is a direct response to the prevailing measles outbreak, which has significantly increased the demand for specialised medical treatment for children nationwide. Enhancing Critical Care Capacity The bank’s […]

Delta Life Insurance Company Limited has once again demonstrated its unwavering commitment to its clientele by settling insurance claims exceeding BDT 2.49 billion during the first quarter of 2026. Spanning the period from January to March, this significant disbursement provided financial security to 39,443 policyholders, reinforcing the firm’s reputation as a bastion of reliability within […]

In a strategic move to bolster employee welfare and financial security, Smart Air Bangladesh has formalised a comprehensive group insurance agreement with Protective Islami Life Insurance Limited. This partnership is designed to provide a robust safety net for the aviation firm’s workforce, ensuring that all officers and staff are covered under a bespoke suite of […]

In a comprehensive effort to modernise the nation’s financial architecture, the Bangladesh Bank (BB) has issued two landmark directives. These measures aim to harmonise the outward remittance process for the transport sector and establish a rigorous, mandatory training standard for the next generation of banking professionals. By consolidating decades of fragmented instructions, the central bank […]

The acting Managing Director of Community Bank, Kimia Sadat, has resigned from her position, leaving the top executive role at the institution vacant. She submitted her resignation letter to the Chairman of the bank’s Board of Directors on Wednesday, marking an unexpected turn in the leadership of the organisation. Kimia Sadat had been serving as […]

Bangladesh has entered a fresh round of discussions over seeking nearly US$2 billion in additional financing from the International Monetary Fund (IMF), alongside a reported request for a further US$1 billion from the World Bank, as the government attempts to ease mounting economic pressure. The renewed funding discussions come at a delicate moment for the […]

Bangladesh has recorded a notable improvement in remittance inflows during the first four days of May, signalling continued resilience in expatriate earnings and external sector stability. According to the latest data released by Bangladesh Bank, the country received US$456 million in remittances over this short period. This translates to an average daily inflow of approximately […]