Md Mehedi Hasan

AB Bank has made a decisive strategic shift toward micro, small and medium enterprises (MSMEs), moving away from its earlier concentration in large corporate lending, said Reazul Islam, acting managing director and CEO.

Bangladesh’s petroleum import bill soared 52 percent year on year in the July-February period of the current fiscal year, even before the war in the Middle East broke out, raising fears of a heavier eco-nomic impact ahead.

An audit has found that Tk 3,088 crore was misappropriated from Premier Bank between 2018 and September 2025 through inflated office rent, misuse of CSR allocations, manipulation of general ledger entries, abuse of procurement processes, and false renovation claims.

The top 20 loan defaulters whose names were disclosed yesterday in parliament owe more than Tk 35,000 crore, with the majority of the companies belonging to the controversial S Alam Group.

Government bank borrowing has risen sharply this fiscal year, a trend that began under the interim administration and has continued under the BNP government amid the US-Israel war on Iran, raising fresh concerns about inflation and fiscal pressures.

Bangladesh’s first large-scale venture capital firm will begin operations this month to address the long-standing funding gap for local startup

The government is planning to borrow an extra Tk 5,000 crore on top of its regular borrowing from the financial sector this month as the ruling BNP goes about implementing its election pledges amid low revenue mobilisation.

Private commercial ONE Bank plans to expand digital banking and strengthen engagement with small and medium enterprises (SMEs) and foreign trade.

Abdul Momen Chowdhury, a retired government official, invested all his savings in Aviva Finance and Prime Finance -- Tk 1.8 crore together with his wife. The 87-year-old suffers from serious health complications.

The US dollar exchange rate against the taka held almost flat through late February before beginning a slow, gradual climb into March.

Defaulted loans in the banking sector fell to around 31 percent at the end of last year, down from around 36 percent three months earlier, following large-scale loan rescheduling under a special policy support of the central bank.

Defaulted loans in the banking sector fell to around 31 percent at the end of last year, down from around 36 percent three months earlier, following large-scale loan rescheduling under a special policy support of the central bank.

All of a sudden, on Wednesday afternoon, the BNP-led new government cancelled the contract of Ahsan H Mansur as governor of the Bangladesh Bank and, at the same time, appointed Md Mostaqur Rahman, a businessman from the garment industry, as the new governor.

During the 18 months of the interim government, his reform efforts were widely known

In a stunning development that roiled the financial sector, the government yesterday removed Bangladesh Bank Governor Ahsan H Mansur, replacing him with a corporate accountant who owns a garment company.

The government’s abrupt cancellation of Ahsan H Mansur’s appointment as governor of Bangladesh Bank (BB) yesterday has drawn sharp criticism from stakeholders, including economists and bankers.

MTB approved Hera Sweaters a 10-year repayment facility with a 2-year grace period

Analysts caution that the move sends troubling signals about institutional stability

The dollar crisis has eased. Foreign exchange reserves have improved from the lows seen four years ago. But imported fruits still face a 100 percent cash margin for opening letters of credit (LCs).

Although foreign currency pressures have eased, 100% cash margin requirements keep supply tight and prices high