Global digital payment service PayPal is planning to start operations in Bangladesh shortly, aiming to connect small entrepreneurs with international markets and facilitate easier sales of their products. Bangladesh Bank Governor Ahsan H Mansur confirmed this on Tuesday (2 December). Speaking at the Agro Award 2025 ceremony, the governor said, “Through PayPal, small entrepreneurs will […]

Bangladesh Bank is set to introduce a new Tk500 banknote on Thursday, 4 December, marking a significant update to the nation’s currency series. The note will initially be available at the central Motijheel office in Dhaka, with a gradual rollout to branches nationwide in the following days. The front of the banknote prominently features the […]

The Bangladesh Bank issued a significant circular on 2 December instructing all scheduled banks to send detailed information regarding prize bond purchases, sales, and award claims directly to the central bank. The circular, released by the central bank’s Debt Management Department, states that banks must collect all relevant documents—such as purchase forms, sale records, and […]

The Sammilito Islami Bank PLC, formed through the merger of five Shariah-based banks, officially commenced operations on 2 December. Former secretary Mohammad Ayub Miah assumed the role of chairman after meeting Bangladesh Bank Governor Ahsan H Mansur. The bank received its final approval and licence on 1 December. Addressing the media after assuming office, Ayub […]

Despite robust growth in bank deposits, lending to the private sector has shown minimal advancement, according to the latest economic assessment. Overall inflation has declined to single-digit figures, primarily due to easing food prices, yet the National Board of Revenue (NBR) continues to fall short of its collection targets. These findings were outlined in the […]

Dr Mohammad Ayub Miah, a former senior secretary of the government, has been appointed chairman of the newly formed United Islami Bank. His appointment received official endorsement from Bangladesh Bank on 30 November. The formation of United Islami Bank coincides with the central bank’s final approval of the merger of five financially distressed banks, which […]