Bangladesh Bank has withdrawn the administrator appointed at Social Islami Bank PLC, bringing an end to the central bank-appointed oversight arrangement at another private commercial bank. The move comes shortly after a similar withdrawal of an administrator from EXIM Bank, marking another change in the regulatory approach towards privately owned banks. A senior official of […]

More than 10 million Bangladeshi expatriates are currently employed across the world, making remittances one of Bangladesh’s most important sources of foreign currency. Alongside remittance inflows, the country’s growing international trade, overseas education, medical travel, tourism, and import-export activities have significantly increased the demand for reliable and up-to-date foreign exchange information. Against this backdrop, the […]