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Category: Economy

news thumbnail 1765858111740 Prime Bank Launches Open Agricultural Loan Scheme

Prime Bank Launches Open Agricultural Loan Scheme

Prime Bank PLC recently inaugurated an Open Agricultural Loan Disbursement Programme at the Dakbangla Field in Hatibandha Upazila, Lalmonirhat, underscoring its unwavering commitment to empowering local farmers and promoting sustainable agricultural development. During the programme, a total of 288 farmers received loan cheques directly, providing them with immediate financial support to enhance productivity and farm […]
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news thumbnail 1765856680566 Bangladesh Bank Intensifies Measures to Stabilise Forex Market

Bangladesh Bank Intensifies Measures to Stabilise Forex Market

The Bangladesh Bank has continued its proactive intervention in the foreign exchange market as part of a broader strategy to maintain stability and restore confidence among exporters and expatriate income earners. In its latest move, the central bank purchased a further US$141 million from commercial banks, underscoring its determination to keep the exchange rate within […]
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news thumbnail 1765814022164 Dhaka Medical College Gets Donation from Al-Arafah Islami Bank

Dhaka Medical College Gets Donation from Al-Arafah Islami Bank

In a remarkable demonstration of corporate social responsibility, Al-Arafah Islami Bank, one of Bangladesh’s leading Shariah-compliant financial institutions, has generously donated eight lakh Taka to Dhaka National Medical College. This significant contribution is aimed at enhancing the college’s medical facilities and ensuring the provision of high-quality healthcare services to patients. According to an official statement, […]
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news thumbnail 1765798210976 1 Climate Change Threatens Insurance Sustainability in Bangladesh

Climate Change Threatens Insurance Sustainability in Bangladesh

Climate change today is far more than an environmental concern; it poses a profound threat to financial security and social stability alike. Across the globe, natural disasters such as cyclones, floods, riverbank erosion, and waterlogging are increasing in both frequency and intensity. For insurance providers, this escalation has rendered risk assessment and financial preparedness extraordinarily […]
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news thumbnail 1765792857703 Year-End Pressures Drive Treasury Bill Yields Higher

Year-End Pressures Drive Treasury Bill Yields Higher

As Bangladesh edges towards the close of the calendar year, yields on government treasury bills are once again trending upwards, reflecting mounting pressures within the financial system. Analysts attribute this development to a combination of year-end liquidity constraints, a cautious stance adopted by commercial banks, and broader macroeconomic uncertainty. The upward movement is particularly pronounced […]
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Shadow Banking Returns to the Spotlight as China’s Property Woes Deepen

Shadow Banking Returns to the Spotlight as China’s Property Woes Deepen

For many observers, the latest missed payment crisis feels uncomfortably familiar. Shadow banking—once blamed for fuelling risky lending sprees—has once again emerged as a source of instability, just as China grapples with a prolonged downturn in its property sector. The failure of Zhejiang Zhejin Asset Operation to honour redemptions on billions of yuan in wealth […]
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