Millionaires Rising but Their Money Vanishing
Bangladesh’s banking sector is currently experiencing two strikingly contradictory developments. On one hand, the number of millionaire account holders is …
economy
Slight Decline in Dollar and Foreign Currencies Today
Trading in Bangladesh’s foreign exchange market continued on Monday, marking the second working day of the week, with the US …
Road Accident Treatment Claim Rejection Ruled Deficiency in Service
The Ernakulam district consumer disputes redressal commission has held that denying reimbursement for treatment taken after a road accident on …
Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery
The long-standing practice of masking defaulted loans through policy support has effectively ended following the change of government, exposing the …
Millionaire Bank Accounts Hit Fresh High in Bangladesh
The number of bank accounts with deposits of Tk 10 million or more in Bangladesh is steadily increasing, reflecting widening …
Banking Crisis Leaves Depositors Unable to Access Savings
Despite a year passing since the political shift, the banking sector has yet to regain normalcy, leaving many depositors unable …
Major changes ahead in insurance law, concerns rise over foreign companies gaining dominance
Bangladesh is preparing for significant amendments to the Insurance Corporation Act, which may bring substantial changes to the country’s reinsurance …
Prime Bank affirms sustainable banking commitment through release of key reports
Prime Bank PLC has reinforced its pledge to responsible, climate-conscious banking with the formal release of its latest Sustainability Report …
DTCA plans to integrate debit and credit cards with the Rapid Pass system
The Dhaka Transport Coordination Authority (DTCA) has taken an initiative to integrate bank-issued debit and credit cards with the Rapid …
PayPal’s arrival to increase digital transactions and curb cash-based corruption: Governor
Bangladesh Bank Governor Dr. Ahsan H. Mansur has announced a major development for the country’s digital economy, stating that global …