The penetration rate of the insurance sector across Bangladesh remains notably low, fluctuating between just 0.33% and 0.5% of Gross Domestic Product (GDP). This baseline sits substantially beneath the global average. However, the deficit is at its most acute within the Chittagong Hill Tracts (CHT)—specifically across the districts of Rangamati, Khagrachhari, and Bandarban—where insurance services […]

Anxieties over institutional leadership have prompted customers to withdraw more than Tk 3,500 crore from Islami Bank Bangladesh PLC across five consecutive working days. The mass withdrawal of funds commenced immediately after the appointment of Md Khurshid Alam, a former deputy governor of Bangladesh Bank, to the position of chairman. Senior executives within the bank […]

Southeast Bank PLC has transferred its Motijheel Branch (Islamic Banking) to a larger and more modern location. According to an official press release, the relocation is aimed at providing customers with upgraded and contemporary financial services. The branch officially opened its doors at the new site on Sunday, 7 June 2026. The upgraded facility is […]

Despite multiple regulatory interventions designed to curb asset deterioration, non-performing loans (NPLs) rose across 44 of Bangladesh’s 61 scheduled banks during the January–March quarter. Senior officials at the central bank, Bangladesh Bank, described the widespread increase as an unprecedented contraction in asset quality. The negative trajectory was not confined to financially distressed institutions; several heavily […]

Karmasangsthan Bank convened its Business Review Meeting-2026 on Saturday, assembling key financial officers in Sylhet to evaluate regional performance. Arranged as a core component of the bank’s current 90-day special programme, the conference required the presence of all Regional Managers, Branch Managers, and Second Officers serving under the Sylhet Divisional Office. The event’s chief guest […]

An intensive, month-long Entrepreneurship Development Training Program has been inaugurated in Dhaka, hosted by NRBC Bank PLC. The professional development initiative is being conducted under the administrative oversight of the Small and Medium Enterprise (SME) and Special Programs Department of Bangladesh Bank. According to an official corporate announcement, the training course is funded by the […]

Mercantile Bank PLC has further widened its commercial footprint across Bangladesh by launching four additional sub-branches. The strategic expansion aims to extend modern financial facilities and convenient retail banking directly to communities outside major urban hubs. According to an official corporate press release, the new units were opened simultaneously during a central ceremony where the […]

The central bank of Bangladesh has strengthened credit accessibility for marginal and landless agricultural workers by integrating preferential mechanisms into its dedicated refinancing scheme. Financial institutions across the country have been directed to grant preferential consideration to registered Farmer Smart Card holders to facilitate a steady flow of formal credit into the rural agrarian economy. […]

State-owned BASIC Bank has formally approached the government for regulatory permission to host and manage the bank accounts of state-financed and donor-funded development projects. The initiative forms part of the lender’s wider strategy to reinforce its deposit base, decrease funding expenses, and systematically restore its financial viability. In an official memorandum submitted to the Ministry […]