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Category: World

Deposit Growth Strong in Banks, Private Sector Loans Remain Stagnant

Bank Deposit Growth Strong, Private Sector Loans Slow

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 […]
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Pakistan Idol Has Changed My Life Romaisa Tariq

Pakistan Idol Has Transformed Romaisa Tariq’s Life

Young musician Romaisa Tariq from Lahore has emerged as one of the top 16 contestants on the widely acclaimed reality television show Pakistan Idol, marking a significant milestone in her budding career. The 22-year-old singer has described her experience on the show as transformative, both personally and professionally. “Now wherever I go, everyone recognises me,” […]
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Tarique Rahman to Return Soon Salahuddin Ahmed

Tarique Rahman Preparing to Return to the Country: Salahuddin Ahmed

Salahuddin Ahmed, a senior member of the Bangladesh Nationalist Party (BNP) Standing Committee, has confirmed that the party’s acting chairman, Tarique Rahman, is expected to return to Bangladesh in the near future. He conveyed this information to journalists following the Standing Committee meeting held on Monday night at the BNP Chairperson’s office in Gulshan, Dhaka. […]
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Two Motorcycle Riders Killed in Collision with Auto-Rickshaw in Narsingdi

Two Friends Killed in Auto-Rickshaw Collision in Shibpur

SHIBPUR, Narsingdi – A tragic road accident in Shibpur Upazila, Narsingdi, claimed the lives of two young men on Monday evening when their motorcycle collided with a CNG-powered auto-rickshaw. The incident occurred at approximately 8:30 pm on the Shibpur-Manohardi regional road near Pachar Bari. Three passengers aboard the auto-rickshaw, including the driver, sustained injuries in […]
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Prime Bank Signs Payroll and Cash Management Agreements with Quality Feeds

Prime Bank Enters Payroll and Cash Management Agreements with Quality Feeds

Prime Bank PLC has formalised a strategic partnership with Quality Feeds Limited, one of Bangladesh’s foremost animal feed manufacturers, through the signing of two comprehensive agreements designed to provide integrated payroll banking and advanced cash management services. The signing ceremony took place at Prime Bank’s corporate office in Dhaka, with M Nazeem A Choudhury, Deputy […]
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Dr Mohammad Ayub Miah Appointed Chairman of United Islami Bank

Dr Mohammad Ayub Miah Takes Charge as Chairman of United Islami Bank

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 […]
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Central Bank Finds Capital Recovery Plans of Four State Banks Unrealistic

Four State-Owned Banks’ Capital Recovery Plans Deemed Unrealistic by Central Bank

Bangladesh Bank has dismissed the capital recovery action plans of four state-owned commercial banks — Agrani, Janata, BASIC, and Rupali — considering them unrealistic. According to the central bank, the combined capital deficit of these banks stood at approximately Tk31,000 crore as of December 2024. The banks were required to submit a five-year plan to […]
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Shahjalal Islami Bank Secures Bronze Award from SAFA

SAFA honours Shahjalal Islami Bank with Bronze Award

Shahjalal Islami Bank PLC has secured the Bronze Award in the Private Sector Banks Category from the South Asian Federation of Accountants SAFA for presenting one of the best annual reports of 2024. SAFA, a regional organisation comprising accounting professionals from several South Asian nations, evaluates and honours institutions every year whose annual reports demonstrate […]
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MTB launches new financial service

MTB signs new service agreement to manage tuition fee collection and payroll operations for East West University

Mutual Trust Bank PLC (MTB) has recently entered into a comprehensive service agreement with East West University, ensuring enhanced financial support for the institution’s academic and administrative staff, as well as its students. The agreement was formalised at a modest ceremony held on the university’s Aftabnagar campus in Dhaka, according to a press release. Professor […]
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BNP Chairperson Khaleda Zia

BNP Chairperson Khaleda Zia in Critical Condition; Transferred to ICU

BNP Chairperson Khaleda Zia’s health has taken a sudden and alarming turn. Early Sunday morning, she was moved to the Intensive Care Unit (ICU) at Evercare Hospital after her condition deteriorated while she was in the High Dependency Unit (HDU). Doctors have placed her on ventilatory support to help her breathe, although she is not […]
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