/ Sep 03, 2026
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Bangladesh Bank Relaxes Loan Renewal Rules for Businesses Bangladesh Bank Relaxes Loan Renewal Rules for Businesses

Bangladesh Bank Relaxes Loan Renewal Rules for Businesses

Sharif Al Nahian | Sub-Editor | GLive24.comMarch 4, 2026
In a significant move to bolster the nation’s commercial sector, the central bank of Bangladesh has announced a substantial relaxation of the regulations governing the renewal of continuous loans. This policy shift effectively reverses a stringent directive issued eight months ago, which had mandated that borrowers must settle any over-limit amounts before their credit facilities […]
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news thumbnail 1772529604322 Bangladesh Bank Unveils Wage Loan Facility

Bangladesh Bank Unveils Wage Loan Facility

Shourav Biswas | Sub-Editor | GLive24.comMarch 3, 2026
The Bangladesh Bank has introduced a special term loan facility to enable export-oriented industries to pay workers’ wages on time, as mounting global and domestic economic pressures strain the country’s key export sectors. The directive was issued on Tuesday through a circular signed by Mohammad Bayezid Sarker, Director of the Banking Regulation and Policy Department […]
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Change in Leadership at Shadharon Bima Corporation

Change in Leadership at Shadharon Bima Corporation

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 3, 2026
Mohammad Zainul Bari has resigned from his position as Chairman of the state-owned Shadharon Bima Corporation (SBC), citing personal reasons. His resignation was formally submitted to the Department of Financial Institutions on Monday, 2 March, according to sources within the corporation. Mr Bari had assumed the role of Chairman on 12 September 2024, with his […]
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Hormuz Tensions Elevate Global Insurance Risks

Hormuz Tensions Elevate Global Insurance Risks

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 3, 2026
Escalating geopolitical tensions surrounding the Strait of Hormuz are sending ripples across global energy and insurance markets. The current unrest is not only affecting crude oil and natural gas prices but is also placing considerable strain on marine insurance, cargo coverage, energy-related risk policies, and the reinsurance sector. Experts suggest that this period represents a […]
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UCB Signs Strategic Partnership with Ernst & Young

UCB Signs Strategic Partnership with Ernst & Young

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 3, 2026
In a significant move to strengthen environmentally responsible initiatives within Bangladesh’s financial sector, United Commercial Bank PLC (UCB) has entered into a strategic partnership with Ernst & Young Advisory Services Bangladesh Limited (EY ASBL). This collaboration aims to enhance the bank’s carbon accounting and greenhouse gas (GHG) assessment capabilities, marking a pivotal step towards sustainable […]
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Prime Bank Unveils TapIn Sticker

Prime Bank Unveils TapIn Sticker

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 3, 2026
Prime Bank PLC has introduced a next-generation contactless sticker card branded “TapIn”, developed in collaboration with Mastercard. The innovative Near Field Communication solution has been engineered by IDEMIA, with local technological support provided by ADN Technologies Limited. The launch reflects a broader push to accelerate secure and seamless digital payments across the country. The unveiling […]
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Bangladesh Defaulted Loans Drop by 87000 Crore BDT Bangladesh Defaulted Loans Drop by 87,000 Crore BDT

Bangladesh Defaulted Loans Drop by 87,000 Crore BDT

Sharif Al Nahian | Sub-Editor | GLive24.comMarch 3, 2026
In a significant, albeit cautious, turn of fortune for the Bangladeshi financial sector, non-performing loans (NPLs) have seen a substantial reduction over the final quarter of 2025. According to the latest data released by Bangladesh Bank, the volume of defaulted debt plummeted by 87,298 crore BDT between September and December. While this represents a moment […]
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Bangladesh Taka Exchange Rates Update Bangladesh Taka Exchange Rates Update

Bangladesh Taka Exchange Rates Update

Shourav Biswas | Sub-Editor | GLive24.comMarch 2, 2026
As Bangladesh’s international trade and commerce continue to expand, knowledge of the exchange rate between the Bangladeshi Taka and major foreign currencies has become increasingly vital for businesses. Accurate exchange rate information is essential not only for import and export operations but also for tourism, foreign investment, and cross-border financial transactions. On Monday, 2 March […]
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Sonali Bank Chairman Mohammad Muslim Steps Down Sonali Bank Chairman Mohammad Muslim Steps Down

Sonali Bank Chairman Mohammad Muslim Steps Down

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 2, 2026
Mohammad Muslim Chowdhury has resigned from his position as chairman of Sonali Bank, citing personal reasons. His departure brings to a close a brief yet high-profile tenure at the helm of Bangladesh’s largest state-owned commercial bank. On Monday, 2 March, Chowdhury formally submitted his resignation in a letter addressed to the Secretary of the Financial […]
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Professor Melita Mehjabin Takes Helm of National Bank Professor Melita Mehjabin Takes Helm of National Bank

Professor Melita Mehjabin Takes Helm of National Bank

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 2, 2026
Professor Melita Mehjabin has been appointed chairman of the board of directors of National Bank, replacing Abdul Awal Mintu, the former Minister for Environment, Forests and Climate Change and MP for Feni-3. Mintu stepped down in line with regulatory restrictions that prohibit sitting members of parliament from holding bank chairmanships. The decision was unanimously approved […]
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