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IFIC Bank Expands ATM Access

IFIC Bank Expands ATM Access

IFIC Bank has expanded its automated banking network with the inauguration of a new ATM booth at Monipuripara in Dhaka, reinforcing its efforts to improve customer access to essential financial services and enhance transactional convenience. The ATM booth was officially inaugurated on Saturday, 2 May 2026. The ceremony was led by Kazi Md. Mahboob Kasem, […]
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Prime Bank signs pact with PayStation to expand EMI services

Prime Bank signs pact with PayStation to expand EMI services

Prime Bank PLC has signed an agreement with Service Hub Limited (PayStation) to introduce enhanced payment flexibility for its customers, according to a media statement. The signing ceremony was held at Prime Aspire on Gulshan Avenue in Dhaka. The collaboration is intended to strengthen customer convenience by incorporating instalment-based payment options and expanding access to […]
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Banking Sector Faces Dividend Clampdown

Banking Sector Faces Dividend Clampdown

The central bank has maintained its strict dividend distribution framework for the 2025 financial year, resulting in more than half of the country’s banking sector being unable to declare dividends. Under the prevailing policy, any bank with non-performing loans (NPLs) in double digits is ineligible to distribute dividends. Restrictions also apply to institutions facing capital […]
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Foreign Funding Declines Sharply Foreign Funding Declines Sharply

Foreign Funding Declines Sharply

Foreign financing inflows into Bangladesh have registered a significant decline in the first nine months of the current fiscal year (July–March), reflecting slower implementation of development projects alongside rising debt servicing obligations. Officials and analysts warn that the simultaneous fall in inflows and rise in repayments is placing mounting pressure on the country’s external financial […]
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Bangladesh Bank Eases Industrial Lending 1 Bangladesh Bank Eases Industrial Lending

Bangladesh Bank Eases Industrial Lending

Bangladesh Bank has introduced a significant policy overhaul aimed at strengthening long-term investment in the country’s industrial sector and boosting overall productivity. The central bank believes the revised framework will make long-term financing more accessible, cost-effective, and predictable for businesses, thereby encouraging industrial expansion and job creation. In a circular issued on Thursday, the central […]
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BFIU Orders Anti-Corruption Pledges for Bank Chiefs

BFIU Orders Anti-Corruption Pledges for Bank Chiefs

In a robust effort to tighten regulatory discipline and rebuild credibility in the financial sector, the Bangladesh Financial Intelligence Unit (BFIU) has instructed the top leadership of all scheduled banks to sign binding declarations against corruption and money laundering. The directive, issued through an internal circular, reflects a heightened regulatory response to persistent governance shortcomings […]
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