Why is Bangladesh Bank failing to handle Islami Bank with care?
Leadership changes, political tensions and deposit withdrawals fuel renewed instability at country’s largest Shariah-based lender
11 June 2026
Depositors pull funds from Islami Bank amid protests
Continued protests by a section of Islami Bank customers have triggered a surge in deposit withdrawals, placing the country’s largest Shariah-based lender under mounting pressure.
9 June 2026
85% of default loans concentrated in just 15 banks
Combined non-performing loans in these banks stood at more than Tk 4.99 lakh crore
7 June 2026
After initial rejection, Bangladesh Bank reconsiders MGI's $80m IFC loan
The Bangladesh Bank is now reconsidering an application by Meghna Group of Industries to obtain an $80 million loan from the International Finance Corporation for the purchase of four ships, after initially turning it down.
4 June 2026
NPLs up by Tk 31,487cr in just three months
Nearly 94% of non-performing loans are classified as bad or loss, signalling weak repayment discipline among large borrowers
3 June 2026
ATM booths run dry on first day of weeklong holiday
Many ATM (Automated Teller Machine) booths in Dhaka either ran out of cash or went out of service yesterday, the first day of the weeklong Eid holiday, raising fears of a worsening cash crunch during the festival period.
26 May 2026
People face cash shortages, withdrawal limits at ATM booths
Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable
25 May 2026
Most default loans are wilful, strong laws can recover 60%
Private commercial banks need stronger legal backing rather than financial support in the next national budget to restore confidence in the banking sector and protect depositors, according to the Bangladesh Association of Banks (BAB).
25 May 2026
Tk 60,000cr stimulus for private sector
BB rolls out biggest package since Covid to restart closed factories, boost employment
24 May 2026
Private credit growth hits historic low. What does it mean?
Private sector credit growth fell to 4.72 percent -- a record low -- in March, marking another month of slowdown.
21 May 2026
From intelligence office to Westin: How S Alam took over SIBL in a day
Those taken to the DGFI office said the day’s operations centred on one man: S Alam, a feared figure during the AL’s 2009–2024 rule due to his ties to Sheikh Hasina and her family
11 May 2026
Ex-owners unlikely to regain SIBL control as merger continues
The Bangladesh Bank (BB) has decided in principle to reject a bid by former owners of troubled Social Islami Bank PLC to reclaim control, as the banking regulator moves ahead with the merger of five shariah-based banks, according to top BB officials.
8 May 2026
Defaulters to be barred from BB’s factory reopening fund
Money launderers, scammers and wilful defaulters will not be eligible for a Tk 20,000 crore refinance fund being prepared by the central bank to restart fully or partially closed factories, according to Bangladesh Bank (BB) officials.
6 May 2026
Janata Bank to auction Globe Janakantha assets
State-owned Janata Bank has issued an auction notice to sell the assets of Globe Janakantha, including the 15-storey Janakantha Bhaban in the capital, as it seeks to recover Tk 215 crore in defaulted loans
5 May 2026
Janata to auction Globe Janakantha assets
State-owned Janata Bank has issued an auction notice to sell the assets of Globe Janakantha, including the 15-storey Janakantha Bhaban in the capital, as it seeks to recover Tk 215 crore in defaulted loans.
5 May 2026
BB readying Tk 20,000cr factory revival fund
The central bank is likely to introduce a Tk 15,000 crore to Tk 20,000 crore low-cost fund to help revive closed factories in the country.
4 May 2026
More than half of local banks ineligible for dividend payouts
More than half of the country’s scheduled banks will not be able to pay dividends this year, as rising bad loans and provisioning shortfalls continue to erode their financial strength.
1 May 2026
Global and energy shocks to weigh on Bangladesh economy
Bangladesh’s economy is facing renewed pressure from global geopolitical tensions and commodity market disruptions, with risks of elevated inflation, slower growth and mounting fiscal strain, according to Eric Robertsen, global head of research and chief strategist at Standard Chartered.
23 April 2026
A dangerous turn in banking reform
A new law allows the architects of Bangladesh’s banking crisis to buy their way back in
15 April 2026
Bank Resolution Act, 2026: Doors open for ex‑owners to reclaim banks
The newly enacted Bank Resolution Act, 2026, paves the way for former owners to regain control of merging banks under relatively easy terms, a move seen as a reversal of the interim government’s banking reform.
12 April 2026