The Bangladesh Bank, acting as the nation’s central financial regulator, has issued a comprehensive circular on Tuesday, 5 May 2026, significantly increasing the credit ceilings for automobile financing. Under the new directives, customers are now eligible to secure bank loans of up to 8 million BDT (80 lakh) specifically for the procurement of electric and […]

The Anti-Corruption Commission (ACC) of Bangladesh has formally opened an investigation into several officials of Eastern Bank PLC (EBL) regarding allegations of systemic financial misappropriation and the fraudulent issuance of credit cards. The inquiry is specifically targeted at the suspected embezzlement of 547,143 BDT and the subsequent financial victimisation of citizens through unauthorised debt liabilities. […]

Bangladesh Bank has issued a critical set of directives to scheduled banks, mandating the accelerated disbursement of credit to leather traders. This regulatory intervention is designed to facilitate the systematic collection, preservation, and commercial processing of raw hides during the forthcoming Eid-ul-Azha festival. Announced on Tuesday, 5 May 2026, the directive underscores the leather industry’s […]

The foreign exchange reserves of Bangladesh have maintained a consistent upward trajectory, achieving a new threshold of $35,305.42 million, approximately $35.30 billion. This advancement signifies a period of relative stabilisation for the nation’s external sector accounts, as the central bank continues its strategic liquidity management amidst a complex global economic landscape. Official Disclosure and Statistical […]