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Category: Economy

Individual Depositors Secured Amid NBFI Liquidation Individual Depositors Secured Amid NBFI Liquidation

Individual Depositors Secured Amid NBFI Liquidation

In a significant move to safeguard small investors, the government has announced that individual depositors of nine financially distressed non-bank financial institutions (NBFIs) will receive the full return of their principal amounts, though no interest will be paid. The initiative is backed by a government support package of BDT 5,000 crore, designed to facilitate the […]
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Questions Over Ex-Deputy Governor’s Bank Accounts

Questions Over Ex-Deputy Governor’s Bank Accounts

Fresh concerns over financial transparency and regulatory accountability have surfaced in Bangladesh’s banking sector following disclosures about an unusually large volume of bank accounts and transactions linked to former central bank deputy governor S M Moniruzzaman. An inspection conducted by the Bangladesh Financial Intelligence Unit (BFIU) found that Moniruzzaman maintained a total of 159 bank […]
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Central bank chiefs bank CEOs back Powell under Trump pressure Central bank chiefs, bank CEOs back Powell under Trump pressure.

Central bank chiefs, bank CEOs back Powell under Trump pressure.

13 January, Reuters: In an unprecedented show of international solidarity, the world’s leading central bank governors and top Wall Street CEOs have voiced unequivocal support for Federal Reserve Chair Jerome Powell following threats of a potential criminal investigation from the Trump administration. The move underscores both the extensive networks Powell has cultivated during his tenure […]
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Sharia compliant loans now at Expatriates Welfare Bank Asif Nazrul Sharia-compliant loans now at Expatriates’ Welfare Bank: Asif Nazrul

Sharia-compliant loans now at Expatriates’ Welfare Bank: Asif Nazrul

Dhaka, 13 January 2026 (BASS) – In a significant development for the Bangladeshi expatriate community, Dr. Asif Najrul, Advisor to the Interim Government on the Ministries of Expatriate Welfare & Overseas Employment and Youth & Sports, has announced that Probashi Kallyan Bank will soon roll out a Sharia-compliant loan programme aimed at supporting non-resident Bangladeshis. […]
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