The central bank has maintained its strict dividend distribution framework for the 2025 financial year, resulting in more than half of the country’s banking sector being unable to declare dividends. Under the prevailing policy, any bank with non-performing loans (NPLs) in double digits is ineligible to distribute dividends. Restrictions also apply to institutions facing capital […]

City Bank has reported a 162 per cent increase in net profit for the first quarter of the current year compared with the same period a year earlier, according to a press release issued on Thursday. The bank’s post-tax profit stood at Tk 241 crore, up from Tk 92 crore recorded in the first quarter […]

Bangladesh Bank has introduced a significant policy overhaul aimed at strengthening long-term investment in the country’s industrial sector and boosting overall productivity. The central bank believes the revised framework will make long-term financing more accessible, cost-effective, and predictable for businesses, thereby encouraging industrial expansion and job creation. In a circular issued on Thursday, the central […]